Trigger Leads and How to Opt-Out
Have you noticed an increased number of unsolicited calls, text messages, and emails from other lenders right after you have applied for a mortgage or car loan? It is not a result of Pickens Savings & Loan selling your information to other lenders. Your personal information is never sold or shared by Pickens Savings & Loan. We respect your privacy and are committed to protecting personal information. The increased unsolicited communication is likely coming from “trigger leads.”
What are Trigger Leads?
When Pickens Savings & Loan pulls your credit report as part of a loan application, that action is recorded by the credit bureaus and signals that you are interested in obtaining a loan. The credit bureaus then sell your information as a “trigger lead” to other lenders who will then reach out to you with different offers.
Can You Opt-Out of Trigger Leads?
Yes. You do have the option to opt-out of trigger leads to reduce the number of unsolicited communications that you receive.
- Visit OptOutPrescreen.com and sign up to stop the credit bureaus from selling your information as trigger leads. This is the official Consumer Credit Reporting Industry website that allows consumers to opt-out of receiving pre-approved and unsolicited offers.
- Call 1-888-5-OPT-OUT or 1-888-567-8688
- Register your name and phone number with the National Do Not Call Registry at www.donotcall.gov or call 1-888-382-1222 from each phone number you wish to protect.
If you have any questions, do not hesitate to contact your lending officer. We are here to help!