I recently discovered optoutprescreen.com, the "official Credit Reporting Industry website" for consumers to opt-out of credit offers. A lot of people recommend signing up there, simply to reduce unwanted mail and paperwork. But some people claim it can improve your credit score by 10 points!
Some people say just signing up will improve your score. Others say that by signing up, you reduce the number of 'scans' of your credit report, which can boost your score.
The site itself says:
Does Opting-Out improve my credit score?
No, since inquiries for firm offers for credit or insurance are not used in calculating credit scores, Opting-Out does not improve your credit score. Similarly, inquiries for firm offers for credit or insurance do not reduce your credit score.
Could there be any truth to these claims? Could signing up directly or indirectly boost your score?