Wednesday, February 17, 2010

Here Come Those Credit Card Offers Again!

According to the market research firm, Synovate, credit card issuers are increasing their mailings to the American public. One issuer, Capital One, mailed 13 million offers in the fourth quarter of 2009. Capital One had, in the past, mailed millions of offers to subprime (big risk) borrowers.

ADVICE - If you get a credit card offer, tear it up! The only thing you can do with a credit card is debt.

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