@IrishPM wrote:I can empathize....I applied for and received a Chase United Airlines ExplorerClub Visa Signature Card last November (2013) and was approved with a CL of $7,000...by March 2014, after spending $2k to get the mileage bonus and paying off the entire balance to zero, I checked my account online and they chopped my CL from $7k to $1,600....I called them to ask them what happened and they said because I'm over 30% utilization with all my other cards combined that their "risk model" forces them to lower your credit line...I accepted their explanation and threw the card in the drawer...I'll never use it again...I've got better cards in my wallet to be fooling around with a $1,600 CL which only benefits me if I use it buying an airline fare through United...I'll use my AMEX Gold Premier Rewards and get 3X the rewards that I can actually use....
doesn't that card have like a $400 dollar AF? I would PC it to the Freedom or whatever so if you don't want to cancel it and hurt util % but won't have to pay that AF
@IrishPM wrote:I can empathize....I applied for and received a Chase United Airlines ExplorerClub Visa Signature Card last November (2013) and was approved with a CL of $7,000...by March 2014, after spending $2k to get the mileage bonus and paying off the entire balance to zero, I checked my account online and they chopped my CL from $7k to $1,600....I called them to ask them what happened and they said because I'm over 30% utilization with all my other cards combined that their "risk model" forces them to lower your credit line...I accepted their explanation and threw the card in the drawer...I'll never use it again...I've got better cards in my wallet to be fooling around with a $1,600 CL which only benefits me if I use it buying an airline fare through United...I'll use my AMEX Gold Premier Rewards and get 3X the rewards that I can actually use....
What does this have to do with the price of tea in china??
I opted out of those mailings/offers about 4-5 years ago now after getting tired of having to shred all offers. Those blank checks are scary, "you're pre-approved! just cash these checks and blah blah!" Funny thing now is when I go to a website and try the pre-qual, they don't work. I get an error message relating to my privacy requests. Opting out does work great though. No junk mail and I'm saving lots of trees! 
@xerostatus wrote:Er, if you don't want prescreened offers, opt-out.
/thread
I tend to agree. I opted out of prescreened offers permanently and also froze my credit reports under state legislation so even if a random offer were sent and ended up in another mailbox I wouldn't have much to worry about as the chances of them opening credit in my name is slim to none.
Opt-out and freeze = financial security
Starting Score: EQ 675 | TU 688 | EX 702
@mrgoattoo wrote:
@ezdoesit wrote:Maybe I am confused but what is the big deal about getting these apps. The person who gets it would still need to have other info in order to apply with your name I have never gotten a preapproval with me SS number on them you would still need to input some info before they can process the app. Some CCC will even ask you question about things on your CR like amount of mortgage, or car payment what bank is it with.
Funny is I see people complain on here when they aren't getting any pre-approvals.
Not sure if I made it clear enough...the problem isnt so much getting them....its that my mail OFTEN gets into other peoples boxes.
Citibank sent me blank checks one time and another tenant got them in their box and thank God they were honest and took my mail to the front office because I have a 10k limit on that card.
I understand your point BUT would you REALLY want someone getting hold of your pre appproved CC application?
You may be ok with it but obviously Im not.
Chase should honor a request to stop harassing someone who doesnt want their CC.
Sorry I am glad you cleared that up that it is Citibanks fault that the mail gets into other people boxes. It makes perfect sense now.
Your right I wouln't want someone getting my pre-approved applications because then they would know your name and address which for most people is highly secretive stuff that can only be obtained with NSA level 15 clearance.
@pip3man wrote:Lmaooo I can't believe someone is complaining about this. I would kill to get JUST ONE of those preapproved mails. Arghhh I stay everyday hoping and praying one of these CCCs remember me and put something across in the mail or online. I wish I was u OP lool. Let's switch names & addresses! On a side note though, I'm glad u took the last measure by opting out.... Give it a few months and it will cease entirely
Yeah, its really only a problem because of worrying about anything they send getting into someone elses box.
Im fairly OCD about my credit so thats one more thing I dont want to be obsessing about 