The consumer deserves much of the blame but an equal measure of blame should fall on the credit card companies themselves. I don’t think a day goes by that I don’t get one or two mailings saying I’m pre-approved for this card or that card. I’ve got a maybe half a dozen credit cards, only one of which I carry a balance on, and I added the spending limits up the other day. If I wanted to max them all out I could ring up well in excess of $120,000. That’s insane.
> If I wanted to max them all out I could ring up well in excess of $120,000. That’s insane.<
I imagine your assets are well above that puny figure.
I get pretty fed up with day after day getting mailings for some new credit card offers. Plus they cram a lot of stuff into the envelopes where you cannot run them through the shredder. I ruined a shredder because they started putting in fake plastic cards inside. Each credit card offer takes about 2 or three minutes to open, find the app, shred it and toss the rest. What a waste of time ! I even sent the original app back with “VOID” and please remove from mailing list to no avail. Still keep getting the same junk.
I used to be the same way. Then I got smart.
Get yourself a red sharpie, write "REFUSED" in capital letters all over the application.
Then stuff everything back into the prepaid postage reply envelope and send it back to them.
Follow these simple steps and you will be surprised how quickly those pre-approved mailings disappear.