What implication does a consumer face when opting out of information sharing?

Choosing to opt out of information sharing primarily means that a consumer can prevent the sharing of their nonpublic personal financial information with third parties. This action empowers the consumer to maintain greater control over their personal data, thus protecting their privacy. By opting out, individuals resist unwanted solicitations and potential breaches of their financial information, limiting the exposure of sensitive data that could lead to identity theft or privacy violations.

In contrast, the other options do not accurately reflect the implications of opting out. For example, opting out does not allow for the sharing of more information; rather, it does the opposite by restricting such activities. Likewise, consumers will typically see a reduction in promotional offers from companies attempting to attract customers through shared data if they choose to opt out. Additionally, opting out is specifically about increasing control over one’s information, contradicting the notion that individuals have no control over what happens to their data. Therefore, option B correctly captures the essence of what it means for consumers when they choose to opt out of information sharing.