Why do I receive credit card offers in the mail and then get declined for the credit card?

If your credit is as shaky as you say, then it is a mistake to even apply for any of those cards, because any time one of these companies takes a look at your credit report you lose some points. It doesn't make a lot of sense, but that's how it works. You'll have to work carefully to build back your good credit, and if you need a credit card you may want to set up a checking/savings account with a local credit union and set up a very modest credit card account with them.

If you set up a savings account CD (certificate of deposit) or something there that they can use to make it a secured credit card, then you'll have the use of it but it doesn't show up on your credit report as a secured card. This was the case for me many years ago when I was handling my father's estate. I was also divorcing and needed a credit card in my own name since the shared cards were canceled.

I hadn't worked long enough outside the home (I took 9 years off to raise the kids) to have established much of my own credit, so they offered the secured card. I had the money from my share of the estate, so they set up a card based upon that account. It is long since that arrangement was dissolved as a backing for my card, but it was a very useful setup when it was in place.It meant I could charge airline tickets, make car rental and hotel reservations, etc. There are a lot of very good reasons for having a credit card, at least one, if you can manage it.

Be careful, use it wisely, but have it there for those times when nothing else will work but a credit card. There are different types of credit unions, some state, some federal, others set up within a state framework to serve members of a certain kind of employment or other association. Here is a link to finding federal credit unions: ncua.gov/Default.aspx I belong to a credit union that merged a few years ago.

I was originally a member of the teachers credit union, and they merged with a utility company credit union. I've also belonged to a federal credit union, when I lived in a different town. I should have kept that membership, they had very good loan rates, and once you're a member, it doesn't matter if you go on to do other work.

Once you're in, you're in. There are a couple of types of direct mail solicitations for credit cards. Those lists that were purchased outright (cold mailings) and the "pre-approved" variety in which they say they've pre-approved you.

This means someone sold them your credit score, they like it, and want to sell you on using one of their cards. You need to write to one of the big three credit reporting bureaus and request they stop doing it, and they will report to the other two that you've made this request. Did you know that you're entitled to a free credit report from each of these credit reporting agencies each year?

But be very careful - they have all sorts of for fee services if you're not careful when you sign up (even one that you get to by using the freecreditreport dot com address sends one "free" but automatically signs you up, using your credit card, for services you pay for during the year). You can look at your report without damaging your score. Visit https://annualcreditreport.com/cra/index.jsp and follow the instructions there.

One per year from each of the organizations, so I kind of stagger them, waiting three or four months and requesting one a time. Disclaimer: I am not a financial adviser, this is based upon my own experience.

Welcome to the world of mailing lists. Because you have applied for credit in the past, you will receive credit offers for the rest of your life. Even if you have bad credit, you will still get offers.

When I was in the middle of major financial troubles about ten years ago, I still kept getting offers for credit cards. Evidently I was pre-qualified for a credit card. This means absolutely nothing.

They do not send the offers to people who have cards, but to people who have applied for cards. The ironic thing is if you keep applying for them, and then get declined, your credit rating will get worse because it will show that you are trying to get credit. So unless you really need the credit card, shred and dispose of the envelope.

Usually we receive offers through some kind of products we signed up for. I belonged to a music club before and used to receive all kind of credit card offers and I found it was because the companies often share this information with other companies. When I used to get the offers and then get declined, I used to wonder the same thing you did.

However, after it happened a couple of times I stopped responding as I figured I would be declined because my credit was not the greatest at the time. I also stopped because every time a company runs your credit report known as a hard inquiry, it slightly lowers your credit score and multiple inquiries may give the lenders the impression that you are taking on more debt than you can actually afford. So in the future, unless you know your credit is in good shape, it would probably not be wise to apply for a line of credit even if the letter does state that the offer is pre-approved.

**Please note this is just from my own personal experience.

You are on a direct mail mailing list. If you have sent for information, applied for anything, have subscriptions to magazines, chances are good your name and mailing address has been placed on a list. Often it is from credit clearing houses, based on old legalities that keep your name afloat.

Companies buy ‘”leader lists” from other companies who make it their job to compile names, addresses, phone numbers and other information based on what you have bought, signed up for, requested information or gotten samples. Your name is really not safe. So you get these offers in the hopes that they will make you think you are pre approved, sign up and get their product or service.

You can contact the direct marketing association and have your name removed from the list.

I cant really gove you an answer,but what I can give you is a way to a solution, that is you have to find the anglde that you relate to or peaks your interest. A good paper is one that people get drawn into because it reaches them ln some way.As for me WW11 to me, I think of the holocaust and the effect it had on the survivors, their families and those who stood by and did nothing until it was too late.