Federal Law Gives You the Right to Stop These Offers — But Only If You Ask The Fair Credit Reporting Act (FCRA) gives every American consumer an unconditional right to opt out of prescreened credit and insurance offers. Congress did not build that right into federal law because the offers are harmless. It did so …

The Law Exists for a Reason Congress did not build an opt-out right into the Fair Credit Reporting Act (FCRA) because prescreened credit and insurance offers are harmless. The law recognized that giving the nationwide credit bureaus broad authority to sell consumer names and addresses to lenders creates real exposure — …