Now that I have been approved for a fair rating credit card, why am I receiving all these pre approved offers?

1 Answer

Answer :

answer:Pre-approved does not actually mean you are pre-approved. Be sure to read the fine print on all the junk mail you are receiving. Credit card companies are like vultures and want you under thier umbrella for all the money they can extract from you. Do not play their game.

Related questions

Description : If you have bad credit does that effect getting approved for a store credit card?

Last Answer : Yes.

Description : In your experience which is the best pre paid debit card around? I need one I can add money to without a high cost for adding the money.

Last Answer : It depends on how you add the money. There is no fee for direct deposit, such as from an employer or Social Security, no fee for a transfer from a bank account not all banks will accept transactions Upside.com provides the Upside card for a monthly fee of $1.99

Description : Is it better to apply for credit card through pre approved or if you apply on your own?

Last Answer : answer:RED ALERT It is a marketing scam. Nothing more. You will still have to go through an approval process and if not approved. A negative on your credit report. Not to say that the credit company that sent you ... point If you don't need a card, don't get one. You will be better off without one.

Description : Is it right for credit card companies to ask for your social security number so that you can opt out of receiving credit offers?

Last Answer : Thats just wrong.

Description : Separating credit card accounts in an amicable separation?

Last Answer : Pay off all of them and close them. Now each person can get their own. Not messy.

Description : My credit card transaction failed will it be refunded or not?

Last Answer : answer:Sounds to me like the transaction never went through. Have you checked your credit card companys website? Log in there and view your credit card activity.

Description : Can I get some financial advice? Credit card vs depleting savings?

Last Answer : answer:Not to try to find new ways for you to go deeper into debt, but is it possible to secure a home equity line of credit? Be advised that that (if you can get it) is a lien against the ... meaning paid off in full and balanced each month - you will be then be able to save money again.

Description : Does anyone on Fluther have the Capital One credit card, and if so, is it any good?

Last Answer : I think you will be very interested in this Q.

Description : Will a two date late credit card payment effect my credit standing?

Last Answer : Yes, slow pays will affect your credit rating. Were they two in a short period of time? That’s worse than two over several years.

Description : How long does it take for the credit card to follow the approval letter?

Last Answer : It it usually several days to a couple of weeks. They should have told you when to expect it. Maybe you could call and ask.

Description : Any information on the Credit One credit card?

Last Answer : No. Between the fees and the interest rates, it’s just bad.

Description : What do you think about getting a secured credit card to increase your bad credit? Is it worth paying for credit?

Last Answer : answer:No. No credit card is going to help your credit report if you have to pay to open the account. Sorry, that's just not the way it works. If you want to increase your good credit, pay ... they are due. If you already have bad debt, make a point of clearing it off your credit report.

Description : Which credit card to pay down first?

Last Answer : Pay down the overlimit card to under the limit, then pay off the one with the highest rate.

Description : Have you ever called your credit card company to lower your interest rate?

Last Answer : Consumerist has tons of articles about credit rates and limits. And I’d agree that you have nothing to lose. Give them a call, but review consumerist first.\ Edit: Well, look at that! A script to use to lower your interest rate. :) Good luck! Keep up updated.

Description : As a merchant, how much of a percentage will the credit card companies keep of each sale?

Last Answer : It depends on the deal that you work out with the company you choose.

Description : How do I find a Credit Card that allows for a co-signer?

Last Answer : answer:You don't list your circumstances and why you need this but I would look for a credit card arrangement that allows more than one card on the same account. For example I get bombarded with ... us a bit more of what your objectives are and maybe I can add something useful for you SRM

Description : We want to get a credit card from Best Buy or Fry's but we do not have SSN?

Last Answer : The world of credit revolves around SSNs. No SSN [equal] SOL

Description : Link if there is any video of opening credit card ?

Last Answer : https://m.youtube.com/watch?v=p6BkrIFEalM Watch this video.

Description : How do I open a credit card account ? Help ?

Last Answer : https://m.youtube.com/watch?v=p6BkrIFEalM Watch this video.

Description : What is/are the credit rating agencies approved for the acceptance of public deposits by an HFC? A. The Credit Rating Information Services of India Ltd. (CRISIL) B. ICRA Ltd. C. Credit Analysis and Research Limited (CARE) D. FITCH Ratings India Pvt. Ltd. E. All of the Above

Last Answer : E. All of the Above Explanation: The HFC having credit rating can accept more deposits as compared to an HFC without such rating. The following credit rating agencies have been approved for the above ... ♦ ICRA Ltd. ♦ Credit Analysis and Research Limited (CARE) ♦ FITCH Ratings India Pvt. Ltd.

Description : How long will it take for me to find out if I am approved for a visa credit card?

Last Answer : Well, how did you apply? By mail or online? If you applied online sometimes it’s near immediate. By mail, my MasterCard took a month. It varies, honestly. If you’re anxious, you could call the company and get the status. :)

Description : I got a surprise collections notice of a copay I was told I didn't need to pay over two years ago. How do I keep this from hurting my credit?

Last Answer : Not much you can do except pay it.

Description : Who gives the most accurate credit score?

Last Answer : answer:I don't think that there is such a thing as most accurate . Each of the credit companies (Equifax, Trans Union, etc.) has their own proprietary algorithms which take into account slightly ... but you cannot really say one is right and the other wrong, because they're calculated differently.

Description : What's the best way to get my credit report / score?

Last Answer : you can get a free copy at annualcreditreport.com. This will tell you what your report says but it won't give you your FICO score. You will have to pay for that. There are three credit reporting agencies, ... to one or two. Each must give you a free credit report once a year if you request it.

Description : Credit application: personal or household income?

Last Answer : answer:It should be fine. When you are married, you hold property, including debt, jointly. You may want to be careful about that. If you run up debts you can't pay, do you ... doing anything wrong by stating household income since you are married and the law assumes your finances are entangled.

Description : How long until my credit history is considered to be "a long time"?

Last Answer : From myfico.com Length of Credit History (15% of your score) * Time since accounts opened * Time since accounts opened, by specific type of account * Time since account activity Length of Credit ... credit information. Also, rapid account buildup can look risky if you are a new credit user.

Description : If my car gets repossessed, how long until my credit will be in good standing?

Last Answer : You're better off calling the lender and seeing if there is anything you can do. They don't want to repossess your car any more than you want to have it repossessed, but if you simply stop making payments ... can be repaired, but it's a lot less work to just avoid damaging it in the first place.

Description : my dad co signed on my first car, I financed it for four years and paid it off in two. Someone told me that i recieved no credit for the payoff being that my dad co signed. Is that true? Did my dad get the credit for that and I got the short end?

Last Answer : Unfortunatly that is how it works. The reason is because his credit was on the line the whole time not yours. If you defaulted it only would affect him not you. Don’t blame your Dad though he has nothing to do with how credit works. He was helping you out.

Description : How do I lease a new car if I have really bad credit?

Last Answer : Large cash deposit or some take debit cards.

Description : Does anyone use the American Express debit card?

Last Answer : answer:

Description : Does anyone use the Skylight prepaid debit card?

Last Answer : answer:Never heard of it, but myskylightcard.com has a location finder, and instructions for how to do so. Note that the instructions inform you that some locations may charge a small fee to ... would use this. What is the advantage over just using a debit card connected to your bank account?

Last Answer : You can contact their nearest branch. In this case you need to get a new card. You will need your account number for another new card. With the new card you will get a new PIN , the previous PIN will not work on the new card. There will be no problem with the money in your account.

Description : I don't have a national ID card. Can I open a bank account ?

Last Answer : If you have a voter token

Description : Right now, how much would an unexpected bill of say $500 hurt you?

Last Answer : It would go on a credit card.

Description : How exactly does a Futures Commissions Merchant (FCM) work and how does it generate revenue? I am having trouble understanding this concept?

Last Answer : answer:According to Investopedia, this is what an FCM is: A futures commission merchant is able to handle futures contract orders as well as extend credit to customers wishing to enter into such ... and collect a commission and they can lend money to investors who wish to purchase futures.

Description : What if Lehman Brothers had been Lehman Sisters?

Last Answer : It’s the ‘altruistic’ bit. Finance is cutthroat. Women are completely overrunning the public relations industry, though.

Description : SMERA is also em-panelled as an approved rating agency by_______ A. SIDBI B. NABARD C. NSIC D. Both (B) and (C) E. None of these

Last Answer : C. NSIC Explanation: SMERA is also em-panelled as an approved rating agency by the National Small Industries Corporation Ltd. (NSIC) under the ―Performance & Credit Rating Scheme for Small Industries‖, approved by the Ministry of Small Scale Industries, Government of India.

Description : Will voluntarily cancelling a credit card adversely affect my credit rating?

Last Answer : I have been told it is a negative on your credit report but I had a couple on my report I had canceled and had no trouble arranging a home loan (a legit home loan through a local bank).

Description : Does paying off a settlement on your credit card balance harm your credit rating?

Last Answer : No

Description : Consider the argument given below: ‘Pre - employment testing of teachers is quite fair because doctors, architects and engineers who are now employed had to face such a testing.’ What type of argument it is? (A) Deductive (B) Analogical (C) Psychological (D) Biological

Last Answer : Answer: B

Description : What bank offers the best interest rate for a business credit card?

Last Answer : Bank of America offers the best interest rate for a business credit card. You can Compare Credit Card Offers at CreditCards.com

Description : What are the current credit card offers for Discover Card?

Last Answer : In the spring of 2012, Discover was offering 0% APR on purchases for 15 months, as well as 0% APR on balance transfers for 15 months. Discover has a number of credit products and offers various specials from time to time. You can check out the latest offerings at www.discovercard.com

Description : Where can I find fine print information on 0 credit card offers?

Last Answer : Fine print can be very confusing to deal with in any situation. If you go to www.creditcards.com you will be able to find all of the information you are in need of.

Description : How often does a pre-approved mortgage loan not happen?

Last Answer : As long as the documentation you provide matches the information you provided to obtain the pre-approval the loan should go through fairly easily. Your best bet to keep things moving and ensure a ... all of your documentation is in line, it should go right through! Good luck and congratulations!

Description : Which of the following cheque issued by a customer under a pre-approved arrangement with the bank? A. Travellers cheque B. Multi-city Cheque C. Mutilated Cheque D. Crossed Cheque

Last Answer : B. Multi-city Cheque Explanation: A Multi-City Cheque (MCC) is one that can be written by the customer in favour of his client and is payable at par at all branches of the Bank. These are issued as Order Cheque.

Description : Which term refers closure of the loan account prior to the tenure fixed for the account? A. Pre Approved B. Pre Closure C. Personal Disposable D. None of the Above

Last Answer : B. Pre Closure Explanation: Prepayment or pre-closure of a loan implies to the early repayment of a loan, in part or in full. Prepayment is done to reduce the tenure of the loan as well as the interest.

Description : Is there some legal statute against this?

Last Answer : That is the power of interest, baby! Praise capitalism.

Description : Can you explain to an artist how to make an NFT?

Last Answer : NFTs aren’t really made as such, but are a way to own art. It’s kind of like a lease.

Description : Are we still going to get Covid-relief stimulus money?

Last Answer : The $1400 is still in the bill, though it obviously hasn't been passed yet. The income thresholds have not been finalized, but I imagine that anyone who is asking for financial reasons is likely ... married couples. Of course, nothing is certain until the bill has been finalized, passed, and signed.

Description : What is a good debt to income ratio?

Last Answer : I would lead with zero debt, at least zero consumer debt.