How do I get my Bankruptcy Risk Score to a level where I won't be "pre-approved" for endless amounts of credit. I'm tired of all of the regular mail and e-mail on the subject. My suspicion is that there is no level at which you won't get pre-approved.
I registered with the national do not call list and with a mail version of the same thing.
I get almost no mail of any kind now, since I do all my bill payment and banking online.
It could be worse. Like Homer Simpson, you could be getting "pre-declined" letters.
Well, I had been inundated with all these free credit card offers, and about 2 years ago, I started taking all their junk, writing not interested in big letters on their applications, and stuffing all their junk back into their postage paid envelopes (including the envelope that it came in) and mailing them back to them. Took about 6 months, but I no longer get many of those offers.
It won't happen.
A friend of mine went thru bankruptcy last year. She is now inundated by Junk mail offering to help her restore her credit. I have seen some of these offers and allowing for exaggeration, they mention very significant amounts.
Of course the new laws and being restricted from again filing for several years may have decreased the risk of her going bankrupt in the near future.
There should be a place on the credit application that shows you how you can "opt out" with all of the Credit Repositories so that you won't get any more "pre-approved" applications. IF for some reason there is not, you can write to the Credit Bureau listed on the application as the source that they obtained your credit report from. That Credit Bureau should notify all of the Credit Repositories that you don't want any more "pre-approved" credit applications. Once you have done that, you will not receive any more "pre-approved" solicitations for credit.
I brokered credit reports for Trans Union through my two Credit Bureaus, and I can get you the exact information to "opt out" IF you are still unable to stop the "pre-approved" solicitations. Federal Law requires them to cease and desist once you request them to do so in writing.
As far as messing up your credit so they will quit sending you the "pre-approved" applications go, it would be to your detriment to do so. If your credit score drops you won't be able to obtain credit when you want it. It will also increase the rate of interest when you use your other credit card accounts. It would be a very bad move on your part. You shouldn't go to such an extreme measure before you try what I have suggested. IF you need any additional information, feel free to FReepmail me. :o)
Interesting you should mention that. Not long ago, I was with some guys in a random room in my college library (which happened to have a telephone). We were all rather surprized when the phone rang...
It was an offer for a pre-approved credit card.