Anyone else all of a sudden getting buried in "pre-approved", credit card offers in the mail?

[NNN0LHI]

It was pretty hit and miss there for a while. Now it is back to getting 4 or 5 of them every day. Some addressed to me and others addressed to my wife.

Some are offering cash to start an account with them. I got one from Chase with a $150 cash offer to start and my wife received one from Citi with $100 cash back to start.

As regular as they are coming in I think I am going to hold off for a better offer before dinging my credit score and applying for one.

Anyone else noticed an increase in these type of mailings recently?

Don

[steve2470]

1. not me, not yet nt

[ScreamingMeemie]

2. Yes, I have. It was a relief not having all of the junk mail for awhile.

But they have started up again. Although, the offers are not as good as they once were.

[MrsBrady]

3. yes

and they still get thrown in the trash before they make it into the house

[PotatoChip]

4. Yes, I've been getting more too

They all get tossed in the woodstove along w/the other junkmail. My debit Master Card is all I need.

[Arctic Dave]

5. Yep, from mailbox to the recycle bin.

[geckosfeet]

6. Well - I have an open invitation - everyone is pre-approved -

to send me money.

:evilgrin:

[madmax]

7. LOL love that - included me, too. I'll pm my snail mail to

anyone interetsed. Will also accept PayPal :)

[Generic Other]

8. I always mail them back on their dime

I did that the last time I had a FLURRY OF OFFERS AND THEY QUIT SENDING THEM.

[RebelOne]

21. Same here. They have stopped coming now. n/t

[Smarmie Doofus]

9. They're coming again. I'm tossing again.

I can't be bothered to cut-em in half. Which may be a mistake since I had Discover Card threaten to take me to court over bogus-credit card bills. Back during Bush II, first term, I'm guessing.( I never wanted, asked for or signed for a Discover card... but probably tossed about 300 unsoliciteds in the bin .)

I guess it means that credit is easing up?

Or just more vicious corporate chicanery in this , the "era of deregulation... and the rise of the new robber barons" as Chapter 25 of the 9th grade American History textbook will doubtless be entitled in the year 21-??.

[BadgerKid]

10. Not yet, but it's happened to me before.

Agree that you can probably hold out for a lower rate one...somewhere in the neighborhood of 9.99% or 12.99%.

[CoffeeCat]

11. Yes, those mailings completely stopped....

...for a while. Now we are getting them regularly. Like you, sometimes a few a day.

And as always--I rip them up and put them in recycling.

No way in hell I'd EVER have a credit card. I like keeping my money--as opposed to sending to "the man"
every month and paying 17 percent interest on purchases.

Credit cards are a huge raquet and I find myself pitying anyone who doesn't understand this.

[NNN0LHI]

15. They completely stopped here for a while

Some days there was nothing in the box. Now several every single day.

Credit cards can be dangerous. It is like heroin. They are insidious. When I first started using them a lot it became like play money I was spending. I lost the ability to realize the value of a dollar. It is easy to do.

I use cash 99% of the time. It is the best way to go. No doubt about that.

Don

[elocs]

12. Every week, Discover or GM. I got tired of it and called the number to opt out for 5 years.

I'll see how it works.

[slackmaster]

13. No, in fact the number I get seems to have dropped steeply

Maybe they figured out I can borrow all the money I need from my equity credit line.

[msongs]

14. this barrage provides ample opportunity for thieves and scammers ... like Visa lol nt

[EC]

16. Yes, and right to the

paper shredder they go.

[Demonaut]

17. yup, it's annoying

no cash offers though

[OhioChick]

18. Yes, every day I get several nt

[MorningGlow]

19. Yep--I was just thinking about that

They're coming in about two or three a day lately. Not good offers, either (I admit I've opened one or two) so into the recycling bin they go.

[itsrobert]

20. Yep, and I am suppose to be on a list not to recieve this crap

more trash.

[WinkyDink]

22. Yes. Immediately thrown away.

[lonestarlib]

23. Yes, 5 just yesterday.

Two of them from Chase--they seem to be the worst. We're getting an average of 12/week.

[dmr]

24. Yes, & for cash loans, too.

All from the 'player' banks.

They go right into the shredder.

Screw them.

[Donnachaidh]

25. My son just turned 18 -- you'd think he'd won a grand prize

The pre-approved card offerings have exploded exponentially.

But he's not dumb enough to jump into that bog just yet.

[OffWithTheirHeads]

26. Credit. The road to wage slavery.

[Brother Buzz]

27. I'm being pummeled with mortgage refinance crap

Despite the fact I have no mortgage, they tell me if I act now, I can miss one payment with no penalty.

Perhaps half the offers arrive in 'official looking' pseudo Veterans administration envelopes with a return address of 2000 Pennsylvania Avenue, DC. Can you say mail drop?