topic Re: Will I ever get mailers? in Credit Cards

Will I ever get mailers?

Anonymous514 — Tue, 03 Mar 2020 04:55:51 GMT

Ok so bk7 discharged 8/14/2019. Question is why do I never get mailers? Even before the BK7? Is it because I've always had high inquiries? I've never ever gotten mailers from any companies. My grandma gets them constantly from Amex Wells Fargo capital one and so does the rest of my family. Once my scores improve and my inquiries drop off and return to normal inquiry levels will I start getting them?

Re: Will I ever get mailers?

Brian_Earl_Spilner — Tue, 03 Mar 2020 05:05:40 GMT

It's possible as long as you didn't opt out, but it doesn't really matter. While it feels good to get them, most are done by 3rd parties hired by the lender. Almost none have actually pre-qualified or pre-approved you. It's better to just find cards you'll use and set up a plan to get them.

Re: Will I ever get mailers?

seattletravels — Tue, 03 Mar 2020 05:05:58 GMT

Did you opt out?

Re: Will I ever get mailers?

Anonymous514 — Tue, 03 Mar 2020 05:11:47 GMT

Thanks. I don't plan to get another card for a long time but it just makes me wonder why I've never gotten actual mailers even when I had stellar credit.

Re: Will I ever get mailers?

Remedios — Tue, 03 Mar 2020 05:42:51 GMT

It's too soon, and with your inquiries, it's going to be a while.

Stop applying and let the time do its thing.

Re: Will I ever get mailers?

Anonymous — Tue, 03 Mar 2020 07:30:09 GMT

I got 4/5 of my cards pre-approved. One I applied for was an HP.

Re: Will I ever get mailers?

SarahJo — Tue, 03 Mar 2020 12:50:04 GMT

@Brian_Earl_Spilner wrote:
It's possible as long as you didn't opt out, but it doesn't really matter. While it feels good to get them, most are done by 3rd parties hired by the lender. Almost none have actually pre-qualified or pre-approved you. It's better to just find cards you'll use and set up a plan to get them.

Careful what you wish for, you just might get it OP!

Most mailers carry no weight as Brian said. Though I will also say that sometimes it's warm and cozy to get them. I may even say that if you feel it's becoming a bit bothering maybe opt out purposely for less credit seeking "noise" while you rebuild? Good luck!

Re: Will I ever get mailers?

ReturnOfTheCredi — Tue, 03 Mar 2020 16:47:49 GMT

@Anonymous514 wrote:
Thanks. I don't plan to get another card for a long time but it just makes me wonder why I've never gotten actual mailers even when I had stellar credit.

This isn't a great idea. I know it seems counter-intuitive, but you NEED to get a couple or so cards under your belt over the next year or so in order to build your credit back up. ANd one way or another, you will need your credit again eventually.

As someone who went through a BK in 2012 after losing my job unexpectedly (and a month before the birth of my second child), I would advise you to check into getting a Capital One card. Doesn't matter which one. They put me in a Quicksilver right out of the gate and that card opened things back up for me in a big way. I've been quite loyal to them ever since and they have rewarded in-kind. You can check for pre-approval before you ever let them do a hard hit on your credit here: https://www.capitalone.com/credit-cards/prequalify/

Good luck to you! It's a long road, but it's manageable.

Re: Will I ever get mailers?

ReturnOfTheCredi — Tue, 03 Mar 2020 16:50:32 GMT

@Remedios wrote:
It's too soon, and with your inquiries, it's going to be a while.
Stop applying and let the time do its thing.

I waited about 5-6 months. I would definitely NOT apply for anything needing a HP, but checking no-impact pre-approval offers is not a bad way to dip your toe back in without doing damage. Just be smart and, most importantly, be patient.

Re: Will I ever get mailers?

SarahJo — Tue, 03 Mar 2020 17:09:15 GMT

@ReturnOfTheCredi wrote:
@Anonymous514 wrote:
Thanks. I don't plan to get another card for a long time but it just makes me wonder why I've never gotten actual mailers even when I had stellar credit.
This isn't a great idea. I know it seems counter-intuitive, but you NEED to get a couple or so cards under your belt over the next year or so in order to build your credit back up. ANd one way or another, you will need your credit again eventually.

OP seems to already have current cards in siggy that would be just fine for a successful rebuild.

Re: Will I ever get mailers?

ReturnOfTheCredi — Tue, 03 Mar 2020 17:14:46 GMT

@SarahJo wrote:
@ReturnOfTheCredi wrote:
@Anonymous514 wrote:
Thanks. I don't plan to get another card for a long time but it just makes me wonder why I've never gotten actual mailers even when I had stellar credit.
This isn't a great idea. I know it seems counter-intuitive, but you NEED to get a couple or so cards under your belt over the next year or so in order to build your credit back up. ANd one way or another, you will need your credit again eventually.

OP seems to already have current cards in siggy that would be just fine for a successful rebuild.

Yes, I didn't notice earlier. Just saw the date of discharge and figured being that recent, he/she was looking for something to get them started. I still stand by the recommendation. It won't hurt them to check and can help get them in the door to a better card in the long run.

Re: Will I ever get mailers?

Revelate — Tue, 03 Mar 2020 18:05:53 GMT

Not sure why anyone would want more junk mail honestly.

Unless it's guarunteed, it's trash.

Frankly you're better off deciding what you want, not what some random company or even financial institution thinks you might be a fit for as it's usually wrong.

Marketing is never done for your benefit for anything in life, it's about separating you from your money. While we take advantage of that with respect to credit cards here on this forum explicitly, the offers you get in the mail are unlikely to improve your portfolio if you have a pulse and have been paying attention to this forum.

Re: Will I ever get mailers?

coreysw12 — Tue, 03 Mar 2020 20:05:37 GMT

The only mailers I ever get are for Credit One, OneMain financial, and other predatory lenders. I haven't gotten a mailer for a legit good credit card in many years. I've given up waiting for a good offer to arrive in the mail.

Online pre-qualification tools are a much better option. That's how I got all 5 of the cards in my signature. Never got mailers for any of them.

Re: Will I ever get mailers?

donkort — Tue, 03 Mar 2020 23:00:04 GMT

I have near 800 scores for all three bureaus----and over 800 scores for some of the alternative FICO scores----but I never get credit card offers in the mail.

My wife gets them constantly.

Re: Will I ever get mailers?

Anonymous — Tue, 03 Mar 2020 23:07:17 GMT

I have got the same Cap1 SavorOne and Citi MileUp mailers every week,for 6 months. They get tiresome lol and I'm sure they wouldn't stop if I got the card.

Cap1 mailers will probably be the first solid mailers you will get. Probably Platinum with a stated SL. That's how I got mine after six months from paying my charge off.