FREEZE / OPT OUT OF 3RD PARTY CREDIT REPORTING BUREAUS #optout #creditrepair - YouTube

thanks for joining today guys we're going to be  talking about consumer databases and how to opt  

out of those consumer databases so these companies  don't share your information with experian equifax  

or transunion these companies house a lot of  data about us um what they do is they collect  

data about consumers and they share that data and  we don't want them to share our data they probably  

have more data about you than you have about you  so one thing to keep in mind is if these companies  

have negative data about you you want to dispute  that just like you would with experian equifax  

or transunion because all of these companies are  data companies except uh transunion equifax and  

experian those are the three major companies those  are the three major companies that are used for  

our credit score and our credit reports but all  of these places are consumer data companies so  

what i have done is put their website here so  you can easily go to their website and either  

do it on right on their website or you can mail  in the request to have your information opted  

out so you'll notice that there's quite a few uh  different companies but what we want to do is just  

focus on the companies that are highlighted in  teal those are the most important companies so  

if you see right here it says the ones in teal  are uh highlighted because they are the most  

important so make sure that you read everything  a lot of people miss stuff because they don't  

read so we definitely want to make sure that  we are reading all of the information and  

if you need to schedule a consultation with me  or a session with me please feel free to do so  

you will find my calendar link throughout the  program so if you need additional assistance  

you can schedule a session with me so let's  start with advanced resolution service they  

are better known as ars you just click  on this link right here and it's it  

in the notes area it will tell you  what they kind of specialize in so  

right here you see that they're known for housing  a lot of data about inquiries in bankruptcy so  

if you're dealing with either one of those you  definitely want to make sure that you freeze it so  

we'll click on the link it'll take us  right to that company's website and  

um it looks like with this company you know they  only offer for you to freeze your uh security  

information which is perfectly fine so you can  add a freeze you can suspend a freeze or you can  

remove or reapply a freeze right generally  these freezes are good for five years so  

just double check uh with the different  companies so you just click on add a freeze  

um there there's gonna be two um you know  terms that are used freeze and opt out um  

unfortunately they try to make it difficult but  you know we're just gonna opt out if available  

if not then we're gonna freeze it so what you  wanna do is just put in all of your information  

until you complete it if they need additional  information they will let you know sometimes uh  

they're not able to do everything online  and you have to send them in your um  

proof of identification um but that's just as  needed so just go through the process of putting  

in your information and freezing your data that  is for advanced resolution services um you'll  

notice i have a some here that are highlighted  in yellow and those companies report uh banking  

history so for example check systems when you go  to open up a bank account with say bank of america  

chase some of your well-known banks they're going  to be using check systems um and this reports your  

your banking history so credit reports uh credit  you know reporting agencies don't necessarily  

use check systems this is primarily for banks when  you're opening up a checking or a savings account  

so if you do have issues in opening up accounts  you definitely want to see what's on your report  

so if you click on this website right here it'll  take you right to the check systems website where  

you can get your report you can request your  report you can freeze your report i do recommend  

if you're having any type of issues getting  bank accounts you request your report and see  

what's on there because a lot of times identity  theft happens or information gets reported onto  

people's reports that have similar information  so you just want to make sure that everything  

on there is in fact yours and if you do have  negative things that belong to you um sometimes  

it's better just to clear those things up so you  are not prevented from opening up bank accounts so  

you can dispute it with this address right here  you just do the same type of dispute letters that  

you would to the credit bureaus themselves  because they all fall under the fcra right  

here it even says they are all under the fcra so  that's a prime example so that's for check systems  

the next one highlighted in yellow is early  warning system so um if you go to their website  

some banks like navy federal they'll you they'll  use early warning so you want to just go to  

their um website and you can request  your consumer report right here and see  

if you have negative information on there and i  believe you have to mail in something with them  

so yeah here is the form that you need to fill  out so you can request your consumer report  

now the the next one that's highlighted in teal  this is clarity service um so this is owned by  

experian and they have a lot of information about  personal loans rent to own applications consumers  

within credit files and a lot of store credit  cards so if you just click on the link it'll  

take you right to the application for you to  request oh sometimes you know pages do change  

so i try to keep this up to date as much as  possible but if you do come to a page that  

could not be found just go to their main website  and you can find the the link because a lot of  

times they will change the links and and things  do change so um here is the pre-screen opt-out  

form you definitely want to make sure that you  are filling this out and getting this submitted  

in this there is all of their information so  you anything that's owned by a credit bureau  

you definitely want to have your information  frozen with them and um you can also request  

your your report with these folks so you  definitely want to do that request your  

clarity report request your credit score you  don't necessarily need that from them you can  

also put a security freeze there's two options  here opt out and security freeze i would do  

both of those options if they're available because  you don't want your information shared at all  

opting out right here it says if you prefer you  can opt in or opt out of unsolicited offers via  

uh of credit cards via mail or fax  so you'll see these come into your  

mailbox as soon as your credit hits  about a 600 you'll see a lot of offers  

from capital one and all of these different  credit card companies saying that you've been  

pre-approved um those do count as a soft  credit poll so you don't see them but you  

also don't want these people pulling your credit  so you want to opt out and you don't want them  

being able to access you know your information so  that is for clarity um corelogic they do a lot of  

stuff with like evictions child support rental  applications criminal records court records  

uh things of that nature so uh you definitely  want to go to their website and make sure that you  

place a lot of places we'll call it security free  so this happens to be a security phrase okay so  

place the security freeze on there um with clarity  you know they the the previous link that i had  

was um no good so what i'm gonna do is i'm gonna  just replace it with actual website link so you  

guys can just go right to their website and  opt out and um freeze so um that's for clarity  

and then corelogic we just went over that early  warning that again that one is for banking history  

and you want to make sure like i said that you  are requesting your reports so in case you have  

negative information that is being reported  about you you can get that cleared up because  

while we're cleaning up our three major credit  reports we also want to make sure that our name  

is cleared up uh throughout all of these  different companies because when you opt  

out or phrase your records generally it is only  for a five year period unless you permanently  

opt out which is a whole another step so just be  mindful of that they will send you confirmation  

in the mail they'll send you a pin number in the  mail so if you ever want to unfreeze your records  

you most certainly can but while you're cleaning  things up and you know getting your reports you  

know in a better position i would definitely  recommend opting out and freezing all of you the  

secondary bureaus keep in mind credit um creditors  banks people who extend credit they don't pull  

credit from these companies the only companies  that you need to keep open and to worry about um  

when it comes to you know what your actual credit  report is is experian equifax and transunion those  

are the three major data companies that we want to  keep open notice that um those companies are not  

listed on this list because i do not recommend  freezing equifax transunion in experian unless  

you've been a victim of fraud because at this  point we want to keep it open so we can clean  

your file up and also add positive lines of  credit so these are some other companies those  

you know are not so popular but you can certainly  opt out if you'd like and go to their website and  

do so um number 12 you'll see is innavis and  innavis used to be the fourth credit bureau um  

they were really popular in the 90s they were used  for a lot of pre-approval offers yeah from credit  

card companies but they didn't have a credit  score so they fell off and now it's just experian  

equifax and transunion as the most popular so go  to their website fill out all your information  

see here there's different options here you can  request a security freeze so in this case innovis  

would be a security freeze so like i said  before some um companies call it opting out  

some companies call it a security freeze  so it just depends on the company so  

you will see notices like this by submitting this  form you're requesting that we place the security  

freeze on your innovis credit report or that we  perform an action to an existing security free  

so um they will send you a confirmation letter so  you will have that pin number if you ever want to  

unfreeze it but keep in mind a lot of places do  not pull your data from innovate you want to deal  

with companies that are pulling it directly from  the three major bureaus so back to our opt-out  

list here the next 13 is intellis and once you go  to the intellis website it'll just ask you to put  

in your information so you can this one opt out  so again they just go by different terminologies  

but it's the same in you know same process we  just don't want them sharing our information  

number 14 is a very large data company it's  called nexus a lot of you may have heard of it  

a lot of collection companies use it every time  you place any type of like police report or um  

some type of criminal report generally it's done  through the lexus nexus system and you know you  

can read through all of the different uh things  that they report on they're you know a very large  

company and you know a lot of collection companies  use them to track down people skip tracing their  

you know a very large company so you definitely  want to head over to their website and opt out of  

their database so they cannot share your  information and just go through the steps  

make sure that you do get that confirmation  that your information has been opted out

and they're actually located in dayton ohio so if  you need to mail anything or if you need to submit  

any sort of opt-out request from  any of these companies i have kindly  

included their address on this spreadsheet  sometimes um it can be a little hard to read but  

i'm trying to zoom in for you guys so that  way you'll be able to to see exactly what i'm  

doing here so um number 16 is the next large  company and that is called opt out pre-screen  

opt-out pre-screen that's what i went over earlier  sometimes these companies merge together but  

you'll see here this is included with innovis  but you just want to make sure that you do opt  

out because you don't want to get all of those  offers in the mail it's a lot of just junk mail  

and honestly when you do get those offers in the  mail it does not mean that you are really approved  

um and we don't want those inquiries from  those companies so just opt out of that  

and it will prevent them from soft pulling your  credit which we definitely don't want them doing  

and then number 18 on my list here is sage stream  um sage stream is a fairly large data company as  

well they deal with a lot of like uh top-tier and  second-tier credit card issuers um auto lenders  

credit card issuers retailers utilities cell  phone companies so just head over to their website  

um they are now owned by lexus nexus so you just  want to make sure because since you know some of  

these companies do merge because you know for  them um it would be you know i guess more cost  

efficient but you just want to make sure that  you uh you know are doing your due diligence  

and making sure that you request a freeze on  everything until they merge into like one single  

company because you'll notice the other lexus  nexus address was in ohio this one is actually  

in georgia so you want to make sure that you are  you know just dotting all your eyes crossing all  

your t's making sure that your information is  opted out or frozen and they are no longer able  

to share it with anybody else until you say so you  want control so those are all for the major you  

know data companies that we want to opt out of um  below here i've included some employment databases  

and some tenant screening you can check those  out if you'd like and you can freeze or opt out  

your information for as many of those companies  that will allow you to do so so this is the opt  

out if you have any questions feel free to  email us at support bayareacreditrepair.net

and we will get back to you within  24 to 48 hours thank you so much  

for watching we will see you on the next lesson