Tired of all the credit offers in
your mailbox? How to reduce the junk mail - and find the credit when you do
want it.
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| As a homeowner with a history of paying your mortgage, credit
card companies consider you a good credit risk and are anxious to earn your
business. This is why they fill your mailbox with pre-approvals, brochures, and
promises of reward miles, cash back, and low introductory rates. If you already
have all the credit cards you need, or choose not to use them at all, there is
an easy way to remove yourself from the credit card companies' mailing lists.
This is good for the environment - and for your sanity! The Fair Credit
Reporting Act gives consumers the right to remove themselves from the reports
that the credit card companies receive from the credit reporting agencies.
Simply go to www.optoutprescreen.com, click on the "Opt-In or Opt-Out" button
at the bottom of the page and enter your information. It is straightforward,
free, and only takes a couple of minutes. |
What if you decide you need
additional credit?
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| Now that you have eliminated the junk mail, what should you do
if you would like to obtain credit and don't have any of the pre-approval
offers showing up? If you are interested in a credit card, a good resource is
http://www.cardweb.com. You can learn about current offers and find the
ideal card for you with the right combination of interest rate, annual fee, and
rewards. You may also want to consider a
home equity line of credit rather than a credit card. Borrowing against
the equity in your home makes the risk to the lender lower, meaning you may pay
an even lower interest rate. Call AAXA at 877-728-3569 if you would like to
learn more. |