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§ 162.7 - Reasonable and simple methods of opting out.

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In general. A covered affiliate shall be prohibited from using eligibility information about a consumer received from an affiliate to make a solicitation to the consumer about the covered affiliate's financial products or services, unless the consumer is provided a reasonable and simple method to opt out, as required by this subpart.

Examples. Reasonable and simple methods of opting out include:

Designating a check-off box in a prominent position on an opt-out election form;

Including a reply form and a self-addressed envelope (in a mailing);

Providing an electronic means, if the consumer agrees, that can be electronically mailed or processed through an Internet Web site;

Providing a toll-free telephone number; or

Exercising an opt-out election through whatever means are acceptable under a consolidated privacy notice required under other laws.

Specific opt-out method. Each consumer may be required to opt out through a specific method, as long as that method is acceptable under this subpart.

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§ 162.6 - Reasonable opportunity to opt out.
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§ 162.8 - Acceptable delivery methods of opt-out notices.