Does it mean that your credit score has improved when you receive tons of credit card offers in the mail?

Deal Score0

Or is it that your name is on many mailing lists? Just curious?

  1. Reply
    November 10, 2011 at 8:18 am

    NO. it has nothing to do with score improvement. they just send because your name is in the list.

  2. Reply
    November 10, 2011 at 8:33 am

    Probably because your name is on a lot of mailing lists.

    Actually, you can get more mail when your credit falls a bit; credit card companies like risk because it means more interest.

  3. Reply
    November 10, 2011 at 9:17 am

    Not really. Credit card offers come because they get your name off a consumer list.

    They only way to know if your credit score has gotten better is to pull your credit report from one of the 3 credit sources (TransUnion, Experian, or Equifax).

  4. Reply
    November 10, 2011 at 9:36 am

    It works this way: The credit card company paid the credit bureau for names and addresses of everyone in a given area with a FICO score above a certain number. 90% of the population has a score above that number. If you are on the list, you are ‘pre-qualified’ for a card. If you apply, they actually pull your credit file and decide if your score meets the actual criteria to get a card. These criteria are always higher than the ‘pre-qualified’ standard.

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