Homebuyers who have recently had their credit pulled may be bombarded with unsolicited phone calls from companies trying to sell them services related to their home buying journey. These calls can be frustrating and time-consuming, and can often leave homebuyers feeling overwhelmed and unsure of what to do.
When you apply for a mortgage, the lender will pull your credit report to assess your creditworthiness. Your credit report contains a lot of personal information, including your name, address, and credit score. The credit bureaus can sell this information to third-party companies as "trigger leads."
When a lender pulls your credit report, it creates an opportunity for companies to reach out to you with offers for products and services related to your home buying journey. These companies purchase your personal information as a "trigger lead" and use it to market to you. This can result in a flood of unsolicited phone calls and emails.
If you're tired of receiving unwanted solicitation calls, there are steps you can take to stop them:
Companies use trigger leads as a way to reach potential customers who are in the market for specific products or services. For example, if you've recently applied for a mortgage, you may be in the market for home insurance, furniture, or other products related to homeownership. Companies can use trigger leads to target you with offers for these products and services.
While you can't completely prevent companies from accessing your personal information, there are steps you can take to protect it:
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