FOOL'S SCHOOL DAILY Q&A
Stop the Solicitation!

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By Selena Maranjian (TMF Selena)
December 28, 2001

Q. I'm tired of getting so many credit card offers in the mail. I already have a card and don't want any more mail offering me new ones. How can I stop it?

A. There are three main credit bureaus in the United States, and they've agreed that if someone contacts one of them and asks to be removed from junk mail (er, "direct mail") lists and telemarketing phone lists, they'll all honor the request. Here are the three and their websites: Equifax (www.equifax.com), Experian (www.experian.com), and Trans Union (www.tuc.com).

While we're on the subject, you can opt out of even more junk mail and telemarketing calls by contacting the Direct Marketing Association (DMA). Here are the addresses to write to:

Mail Preference Service
Direct Marketing Association
PO Box 9008
Farmingdale, NY 11735

Telephone Preference Service
Direct Marketing Association
PO Box 9014
Farmingdale, NY 11735

Opting out through the DMA won't stop mail from local merchants, religious and charitable associations, professional and alumni associations, politicians, and companies with which you conduct business. To stop those, you'll have to contact each organization directly.

If you or someone you care about is mired in credit card debt, learn more in our Get Out of Debt area. Also, consider signing up for our Couples and Cash Seminar, which will help you develop a financial roadmap that will provide you with solid guidance on the financial issues that couples face throughout their relationship. (All our seminars, like most of our offerings, carry a money-back guarantee -- give one a whirl. More than 90% of past seminar-takers give them high marks.)

This question and answer is adapted from The Motley Fool Money Guide: Answers to Your Questions About Saving, Spending and Investing. For answers to this and 499 other common money questions, check it out -- it's a handy resource.