Most people don't know that everytime their credit is checked, the information provided to the credit bureaus can be, and usually is, sold ~ not only to other lenders, but to companies which buy and sell names and information.
Not only are the credit companies making money off your transaction with them, they're selling your good name to other companies. Ever wonder why you get so much junk mail and spamming emails after you make a credit purchase somewhere? (Cars, appliances, etc.) Your name and information is sold again and again, often to disreputable companies.
The good news is, you can make it STOP. The consumer credit reporting industry has an "opt out" program. You can call them at 1-888-567-8688
You can choose a 5 year or lifetime option (the lifetime option requires a signature). It takes at least 48 hours to process, so do it today!
.......and while we're at it, we should all complain to the FTC (or State Attorney General's Office) about this currently legal practice.
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