I'm preapproved already?

[hopingforsanity]

This is insane. I come home from the dr's on friday and I have a cc preappoval application--2 days after my 341 meeting!! Are they nuts? I just don't get it. I cried when I opened it up...It was actually a good deal-no annual fee/ low intro apr. Then today I had another one from another bank--I didn't even open that one. Ripped it up and threw it out. NOt only this but I think my credit cards companies are selling my name to debt relief agencies, "how to borrow money when you don't have any"(I am serious that is what the envelope said), and also another letter from GE saying I am seriously deliquent. I'm getting so much literature in the mail. I'm aggravated. I just don't get it.

[biggomez777]

DW and I are getting those as well, she just got "pre-approved" for 10k at 8.9...and we're 30 days out of 341. It's just weird.

[danaf]

I got a 5k cc with no annual fees less than a month out of bk. Bizarro world. I took it because it will help me with rebuilding. But I also 'opted out' of all these preapproval notices. I only needed one good card to rebuild with.

check it out....

https://www.optout.com

[TEW]

I got a 5k cc with no annual fees less than a month out of bk. Bizarro world. I took it because it will help me with rebuilding. But I also 'opted out' of all these preapproval notices. I only needed one good card to rebuild with.

check it out....

www.optout.com

That works It stopped about 75% of those wonderful deals i was getting. If I could only heat the house with junk mail

[Flamingo]

Everyone gets "preapproval" mail as to credit cards, even pets. Preapproval doesn't mean a thing cause the majority of the time if your credit is bad and you have BK, you will get denied when you apply. These offers get sent to anyone on the mailing list the lender obtains where your name or anyone in your household is on. They send out a flood of those mailings hoping some will bite. It doesn't matter if you are two days beyond BK or filed recently or three years ago. Just wait until you are discharged - you will receive junk mail from every auto lender (and, in the past, predatory mortgage lender) on the planet (they wait like vultures for the lists of people discharged - it's public information). We even received several vacation brochures (never did in the past). Anyway, credit in this economy will be difficult for anyone to get, even with good credit. Be careful with any credit card offers, don't flatter yourself that you got them in the mail, and remember what got you into trouble in the first place. Learn not to let your money and those credit cards control you.

My best suggestion to those offers is to shred them and recycle.

[jessegirl]

I haven't even had my 341 yet and I am getting those too! I actually laugh cause it says you have been approved and then you look at the fees and its like, 69.00 processing fee, 59.00 maintenance fee, 59.00 account set up fee, 12.00 a month account fee etc. and then they give you the card and they eat the credit line up witht here fees. What a joke... I rip up every signle one. Sometimes, I would like to call them and tell them off, cause they are just ripping people off with there fees.

[WoodSprite]

If I could only heat the house with junk mail

I can. It makes great firestarter for the kindling.