Making Credit Cards Pay

[K8-EEE]

I saw a suggestion from another forum, to send all those "postage paid" credit card solicitations back with protest comments on them...if enough people do this it will cost THEM money for a change.

I'm doing some sheet labels that say "Why Do You Hate America" and "Stop Predatory Lending" and I'm gonna stick then all over the applications and send them all back.

If nothing else...it's fun. Bstards!! I'm so sick of having my mailbox stuffed with these.

[amazona]

1. heh I make them pay another way

I sign up for the ones that pay me to sign up and get the bribes and cash backs. Living well is the best revenge. Recently Amazon.com gave a free credit card with $30 on it, and American Express gave a free credit card with 12,500 Delta miles on it, half of what you need for a free round-trip ticket in the U.S. or Canada. There are new offers all the time. Plus the older cards I have offer cashback deals -- read your email and sign up for these programs. Right now Citibank is giving me 5 percent cashback on purchases, but last summer they actually gave me 10 percent.

Making them pay in cold hard cash is always the best form of revenge in my view.

The conservation movement is a breeding ground of communists
and other subversives. We intend to clean them out,
even if it means rounding up every birdwatcher in the country.
--John Mitchell, US Attorney General 1969-72

[K8-EEE]

2. XLNT, BUT...

People should know that if they are planning on refinancing their house or applying for a major loan of any kind, lots of credit card cancelations & applications is a negative on your credit report score, even if you don't owe money on them.

But if not -- bombs away! Good for you.

[amazona]

3. this is open to debate but supposedly true

On a finance board I sometimes visit, the question has been raised about the claim that opening/closing many credit card accounts to get bonuses hurts your credit. Some hold that it is just a ploy to sell credit reports to people with excellent credit, because otherwise such folks would have no need to purchase the reports to see their "score." I have never had any difficulty getting loans at good rates despite my low income, and my low income does make it necessary for me to play "games" to get rebates, etc. If an industry is going to throw cash in the street, I'm not so wealthy I can afford not to pick it up.

Each person has to decide for themselves.

The conservation movement is a breeding ground of communists
and other subversives. We intend to clean them out,
even if it means rounding up every birdwatcher in the country.
--John Mitchell, US Attorney General 1969-72

[K8-EEE]

4. If You Have Otherwise Perfect Credit It's Probably OK

But people who have a borderline score should know that they do deduct points for this. I have perfect credit -- but my last loan, the points they did deduct were for juggling credit cards. It didn't take me out of the preferred category or something but they do deduct a bit for it, I forget how many points, not too many.

[Theres-a]

5. I don't write on them,but I send them back in the prepaid envelope

It makes me feel good,too.I wish they'd leave me alone.

[unhappycamper]

6. When you send the prepaid envelop back

I stuff it with as much of the Sunday paper as possible. I also used heavy tape to make sure the envelope stay together.

I wanted to use sand, but don't want to break the USPO sorting machines.

BTW, make sure you do NOT deface the bar coding. You want them to know who it's from.

:rofl: