Why does this credit card company keep sending me pre-approval letters just to deny me when I go to apply?

Marketing companies buy list from the credit bureaus and mail potential customers these offers based on what they see as far as lines of credit, how long you have been in the bureaus etc. But you are not really pre-approved you still have to actually apply and then they get the rest of the picture.

If you want to stop receiving these offers go to www.dmaconsumers.org and opt out. This will remove your name and S.S.N. for the national mailing list for 5-years.

Pre-screened offers are sent to consumers based solely on their credit scores. Apparently, you qualify as far as that's concerned, but there must be some additional information that disqualifies you from the process.

If they ask you to list your employer/annual income and it doesn't meet their requirements, then you might be denied b/c of that. You also might be denied if you have not held the job for more than two years. You also might be denied b/c therer is something on your credit report that is unfavorable - like collections, charge-offs or a lot of inquries. There are quite a few factors at play.

You might want to print off the message of denial and ask the credit card company which bureau(s) they used to send you the application in the first place. As a consumer, you are entitled to a free credit report every time you are denied credit. As long as you request it w/in 60 days of your denial. You can obtain the report(s) from whichever bueau(s) the cc company used to base their decision. Order that report and take a look to see what's on there and try to fix the problems.

Good luck!

There are several predatory credit-card lenders.

Note that every time you apply for a credit card your credit score is lowered. So don't apply every time they send you something.

One thing you can do here is inform the three major credit bureaus that you do not want them to share your name with anyone again. This will stop these sorts of offers.

Know your credit score before applying for any credit! You want an absolute minimum score of 600 before applying for anything. Preferably you want a score over 650 or 670 before applying for credit.

If you are lower than 600, though, you are very likely to be denied, and then your score will get lowered even more.

It's a scam...get used to it. You cold really save yourself some time by throwing them away without opening them. It is cheaper for them to just keep sending out mass mailings of the junk mail to everyone on their mailing lists, rather than sort out the ones like yourself, who they have already decided they care not to do business with. But if you read the fine print--or follow the asterisk to the bottom of the page, you will see how they get out of a false advertising claim even when the large writing says you are "pre-approved"; there will be some qualifying statement, that most people never notice.

lol

These letters are set up automatically. They get mailed to the same people every month. These company hope that one day your credit would be good enough to qualify you for a card. They don't have time to go through everyone's credit history and decided who gets what.

Look at this as a good thing. Most people have too many credit cards anyway. I'm assuming that your life is just fine before you got the invites sooo screw them. Keep one good rate card if you must and pay it off (or at least down) before you charge more on it.

David Parker and Jamie Lewis posted the same question. You should read their answers side by side.

Stop answering them unless they are pre-approved.

Everytime you are turned down your credit score drops.

Called a "Hook", but one must qualify .

i really hate that too