Privacy Notices

Are your money matters for sale?

Unless you opt out, financial institutions can make your account information available to other companies

By Jean Sherman Chatzky

TODAY SHOW CONTRIBUTOR

June 26 — By July 1, your bank and other financial institutions are legally required to send you a “privacy notice.” By filling this out, you are deciding whether to give them the right to sell or share your account information with other companies. “Today” financial contributor and Money magazine editor-at-large Jean Chatzky explains what she believes you should do.

http://www.msnbc.com/news/592650.asp

Another Reference

Make of it what you want, but interesting information:

Just wanted to let everyone know who hasn't already heard, the four [three] major credit bureaus in the US. will be allowed, starting July 1, to release your credit info, mailing addresses, phone numbers [and so on] to anyone who requests it. If you would like to 'opt out' of this release of info, you can call 1-888-567-8688. It only takes a couple of minutes to do, and you can take care of anyone else in the household while making only one call, you'll just need to know their social security number. Be sure to listen closely, the first opt out is only for two years, make sure you wait until they prompt you to press '3' on your keypad to opt out for good. For more info, here's a website story from MSNBC.

http://www.msnbc.com/news/592650.asp