12-14-2012 07:21 PM
12-14-2012 07:25 PM
How would that theoretically work?
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12-14-2012 07:29 PM
Opting out has nothing to do with score, so no this would not work. What it might do is keep the CRAs from selling your information to a CA and have something pop up at the last second. So it is always a good idea to opt out while mortgage shopping.
12-14-2012 08:14 PM
12-14-2012 08:29 PM
I'll add that I've seen the same before. It's untrue on a FICO scoring perspective as mentioned. Maybe at one point in time someone opted out, utilization changed and their score went up, and they attributed the increase to opting out and posted about it. Rumors and incorrect info spreads easily in the credit realm.
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