Got my first unsolicited CC offer this morning
#1
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Joined: Feb 2008
Posts: 3,259
Got my first unsolicited CC offer this morning
So how do these credit card companies get your address?
I've been here just over 6 months now.....so do they monitor new folks' credit scores until they appear to be above a certain level, then offer them a card? Of course it's just an application form....it doesn't mean to say they'd issue me a card should I apply for one.
The company is Chase - Dave Ramsey says that they are among the worst in the industry, but I guess they are all nice to you until they don't pay the bill.
I don't really need another card, I have one with US Amex and a UK Barclaycard Goldfish, plus a debit card on my checking account....just wondering whether you normally get spammed with CC applications after you've been here a while.
I've been here just over 6 months now.....so do they monitor new folks' credit scores until they appear to be above a certain level, then offer them a card? Of course it's just an application form....it doesn't mean to say they'd issue me a card should I apply for one.
The company is Chase - Dave Ramsey says that they are among the worst in the industry, but I guess they are all nice to you until they don't pay the bill.
I don't really need another card, I have one with US Amex and a UK Barclaycard Goldfish, plus a debit card on my checking account....just wondering whether you normally get spammed with CC applications after you've been here a while.
#2
Re: Got my first unsolicited CC offer this morning
Add youself to the no junk mail list, if takes some time but they do stop.
You're right in that once your credit score reaches a certain level they send out offers. They get lists of people from many sources and run credit checks to find the scores. If you look at your credit record there will probaly be a check on it by Chase.
You're right in that once your credit score reaches a certain level they send out offers. They get lists of people from many sources and run credit checks to find the scores. If you look at your credit record there will probaly be a check on it by Chase.
#3
Re: Got my first unsolicited CC offer this morning
So how do these credit card companies get your address?
I've been here just over 6 months now.....so do they monitor new folks' credit scores until they appear to be above a certain level, then offer them a card? Of course it's just an application form....it doesn't mean to say they'd issue me a card should I apply for one.
The company is Chase - Dave Ramsey says that they are among the worst in the industry, but I guess they are all nice to you until they don't pay the bill.
I don't really need another card, I have one with US Amex and a UK Barclaycard Goldfish, plus a debit card on my checking account....just wondering whether you normally get spammed with CC applications after you've been here a while.
I've been here just over 6 months now.....so do they monitor new folks' credit scores until they appear to be above a certain level, then offer them a card? Of course it's just an application form....it doesn't mean to say they'd issue me a card should I apply for one.
The company is Chase - Dave Ramsey says that they are among the worst in the industry, but I guess they are all nice to you until they don't pay the bill.
I don't really need another card, I have one with US Amex and a UK Barclaycard Goldfish, plus a debit card on my checking account....just wondering whether you normally get spammed with CC applications after you've been here a while.
There are many ways for them to get your address. We received our first offers within a month of moving into our new home here.
#4
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Joined: Feb 2004
Location: Midlands - MA - CO-CA
Posts: 2,763
Re: Got my first unsolicited CC offer this morning
We just put all that junk mail, because that's what it is, through the shredder.
#5
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Joined: Jan 2006
Location: San Francisco
Posts: 12,865
Re: Got my first unsolicited CC offer this morning
If you don't want 'em, just opt out of this "pre-approved" nonsense:
http://www.ftc.gov/bcp/edu/pubs/cons...ts/alt063.shtm
I was getting about one a week on average before I did this. Of course, the credit environment is rather different now than a few years ago.
Having been away for a couple of months, it's been interesting coming back and seeing what my mail over that period consists of. What's shocked me is the volume of mail from... charities, including some who mailed me several times over that period. And I don't think the direct marketers list stops you getting this (or stuff from politicians, ha!).
http://www.ftc.gov/bcp/edu/pubs/cons...ts/alt063.shtm
I was getting about one a week on average before I did this. Of course, the credit environment is rather different now than a few years ago.
Having been away for a couple of months, it's been interesting coming back and seeing what my mail over that period consists of. What's shocked me is the volume of mail from... charities, including some who mailed me several times over that period. And I don't think the direct marketers list stops you getting this (or stuff from politicians, ha!).
#6
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Joined: Jul 2007
Posts: 1,583
Re: Got my first unsolicited CC offer this morning
Once you to give to a charity, every charity in the country will send solicitations. Now I'm getting watches and various other gifts from these charities.
Last edited by surly; Jun 13th 2009 at 6:39 pm.
#7
Re: Got my first unsolicited CC offer this morning
Once to give to a charity, every charity in the country will send solicitations. Now I'm getting watches and various other gifts from these charities.
still, it did include some of those address labels, which was useful. Now those address labels clog up the shredder...
#8
Re: Got my first unsolicited CC offer this morning
These companies target people with poor credit histories. The theory is, they'll be more likely to run up a balance, which they'll be unable to pay off on a monthly basis and will sooner or later make a late payment, which gives the CC companies the excuse to jack up the interest rates. I know people who've ended up paying many, many times the amount they originally borrowed. And some who will probably never be done paying.
A co-worker was forced to declare bankruptcy a few years ago after her marriage break up. She told me that for the next year or two she received an average of 5 credit card solicitations a day.
A co-worker was forced to declare bankruptcy a few years ago after her marriage break up. She told me that for the next year or two she received an average of 5 credit card solicitations a day.
#9
Re: Got my first unsolicited CC offer this morning
They purchased it. Any time you give your address to a company, it will almost certainly be sold.
Ever entered a raffle to win a Harley Davidson while at the mall? Your address has been sold. Subscribed to a magazine? Donated money to charity? Bought something online? Same thing.
Most astonishing to me, even your bank has probably sold your personal details.
Ever entered a raffle to win a Harley Davidson while at the mall? Your address has been sold. Subscribed to a magazine? Donated money to charity? Bought something online? Same thing.
Most astonishing to me, even your bank has probably sold your personal details.
#10
Re: Got my first unsolicited CC offer this morning
USPS Change of Address: your address has been sold.
(that one burns me the most for some reason)
(that one burns me the most for some reason)
#11
Re: Got my first unsolicited CC offer this morning
Shred them.
#12
Joined: Jan 2008
Posts: 7,605
Re: Got my first unsolicited CC offer this morning
I've had a couple already. I think that doing the AMEX thing might have been a factor, as it effectively gave me a backdated credit history.
I haven't taken any of them up, on account of not having a job but definitely having vague memories of reading that it's illegal to lie on credit applications.
I haven't taken any of them up, on account of not having a job but definitely having vague memories of reading that it's illegal to lie on credit applications.
#13
Re: Got my first unsolicited CC offer this morning
It's nothing to do with your credit score. Many people (possibly including you) who apply for these unsolicited offers will be refused due to their low credit score.
There are many ways for them to get your address. We received our first offers within a month of moving into our new home here.
There are many ways for them to get your address. We received our first offers within a month of moving into our new home here.
spray enough bullets eventually you'll hit something.
#14
Re: Got my first unsolicited CC offer this morning
If you don't want 'em, just opt out of this "pre-approved" nonsense:
http://www.ftc.gov/bcp/edu/pubs/cons...ts/alt063.shtm
I was getting about one a week on average before I did this. Of course, the credit environment is rather different now than a few years ago.
Having been away for a couple of months, it's been interesting coming back and seeing what my mail over that period consists of. What's shocked me is the volume of mail from... charities, including some who mailed me several times over that period. And I don't think the direct marketers list stops you getting this (or stuff from politicians, ha!).
http://www.ftc.gov/bcp/edu/pubs/cons...ts/alt063.shtm
I was getting about one a week on average before I did this. Of course, the credit environment is rather different now than a few years ago.
Having been away for a couple of months, it's been interesting coming back and seeing what my mail over that period consists of. What's shocked me is the volume of mail from... charities, including some who mailed me several times over that period. And I don't think the direct marketers list stops you getting this (or stuff from politicians, ha!).
Anything to stop Citibank and Chase doing soft pulls, in the month of May I got 9 Citibank pre-approved crap in the mail
#15
Re: Got my first unsolicited CC offer this morning
Trust me, it doesn't take much to get on those mailing lists:
Mark came to the US to meet me for the first time and visited for a month back in Sept/Oct 2002. While here, he ordered a book online from Barnes & Noble and had to shipped by my home, but addressed to his name. A month later, when he was already back in the UK, the first of several pre-approved CC offers arrived for him in my mailbox -- for an MBNA Barnes & Noble credit card with a pre-approved limit of up to $100,000.
Mark had absolutely no US credit rating and had never even been to the US before that visit. He was not a USC or even an LPR, which were eligibility requirements. All that triggered the application being sent was him ordering a book and having it sent to my address.
~ Jenney
Mark came to the US to meet me for the first time and visited for a month back in Sept/Oct 2002. While here, he ordered a book online from Barnes & Noble and had to shipped by my home, but addressed to his name. A month later, when he was already back in the UK, the first of several pre-approved CC offers arrived for him in my mailbox -- for an MBNA Barnes & Noble credit card with a pre-approved limit of up to $100,000.
Mark had absolutely no US credit rating and had never even been to the US before that visit. He was not a USC or even an LPR, which were eligibility requirements. All that triggered the application being sent was him ordering a book and having it sent to my address.
~ Jenney