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Home > Consumer Protection > Consumer News & Information > FDIC Consumer News - Winter 2002/2003

FDIC Consumer News - Winter 2002/2003

Important Update: Changes in FDIC Deposit Insurance Coverage

The FDIC deposit insurance rules have undergone a series of changes starting in the fall of 2008. As a result, certain previously published information related to FDIC insurance coverage may not reflect the current rules. For details about the changes, visit Changes in FDIC Deposit Insurance Coverage. For more information about FDIC insurance, go to www.fdic.gov/deposit/deposits/index.html or call toll-free 1-877-ASK-FDIC (1-877-275-3342). For the hearing-impaired, the number is 1-800-925-4618.

Special Report on Credit Reports and Credit Scores

Call the Credit Bureaus to Limit Unsolicited Offers

Are you among those who want to cut down on the number of unsolicited offers you get for credit cards and insurance? Federal law, plus a service offered by the credit bureau industry, can make it easier.

The Fair Credit Reporting Act gives you the right to "opt out" or stop credit bureaus from providing your name and address for marketing lists for credit or insurance. Call toll-free 888-5-OPT-OUT (888-567-8688), a special phone number set up by the nation's three big credit bureaus and another nationwide company called Innovis. When you call this number, you can opt out of these lists for two years or request a form to opt out permanently. If you have previously opted out and would like to be put back on these marketing lists, you can use the same phone number. FDIC Policy Analyst David Lafleur cautions that "if you have joint credit relationships, such as if you have a mortgage or a car loan with a spouse, you may still receive some solicitations until both parties opt out."

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Last Updated 02/26/2003 communications@fdic.gov