Credit Card Offers In The Mail?

Many companies that solicit new credit card accounts use pre-screening to identify potential customers. These offers are based on information in your credit report that shows that you meet criteria set by the company offering the credit card.

Can pre-screening hurt my credit score?

No. These are marketing inquiries that do not show up on your credit report, because you are not asking for any new lending opportunities.

What about opting out?

Many people prefer not to receive these offers in the mail, especially if they are not in the market for a new credit card. Some pre-screened offers include great benefits, especially if you are in the market for a new credit card. These offers allow you to gain knowledge of the market by comparing costs, and finding what works best for you. Consider this when wondering whether to opt out or not. If you decide to opt out, your request will typically be processed within five days, but don’t expect the letters to stop immediately as it may take up to 60 days.

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Each person’s credit situation is unique. Results may vary, and CreditServices.com makes no guarantee of any particular result. The information in this site is intended for general informational purposes only, and is not to be construed as legal, tax, accounting, or other professional advice.  As such, it should not be used as, or relied upon, as a substitute for seeking professional legal, tax, accounting, or other advice. All information in this site is provided “as-is”, with no guarantee of completeness, accuracy, timeliness, or other results obtained from its use. In no event is CreditServices.com, its Affiliates, or their agents or employees liable to you or anyone else for any decision made or action taken in reliance on the information in this site. “Affiliate” means any entity that directly or indirectly owns or controls, is owned or controlled by, or is under common ownership or common control of the party in question.

Low Rates, Can You Take Advantage?

The interest rate you agree on for a mortgage heavily influences the affordability of your home. Half of a percentage point higher could make a difference in monthly payments and whether you will have enough money left over for your other financial goals, such as paying off debt. Since interest rates have been hovering around historic lows, applicants can lock down a low rate before they begin to rise.

However, if your credit score is low, it may make sense to raise your credit standing before applying for a mortgage. Borrowers who have high credit scores are more likely to get the lowest mortgage rates, which could save them thousands in interest payments over the life of the loan.

CreditServices.com can get your credit in a position to receive great interest rates and save you thousands on your home!

Learn More

Each person’s credit situation is unique. Results may vary, and CreditServices.com makes no guarantee of any particular result. The information in this site is intended for general informational purposes only, and is not to be construed as legal, tax, accounting, or other professional advice.  As such, it should not be used as, or relied upon, as a substitute for seeking professional legal, tax, accounting, or other advice. All information in this site is provided “as-is”, with no guarantee of completeness, accuracy, timeliness, or other results obtained from its use. In no event is CreditServices.com, its Affiliates, or their agents or employees liable to you or anyone else for any decision made or action taken in reliance on the information in this site. “Affiliate” means any entity that directly or indirectly owns or controls, is owned or controlled by, or is under common ownership or common control of the party in question.