The Other Half and I have each had our troubles with credit in our lives, thankfully at separate times, and also thankfully in the distant past. But I'm amazed at how much the credit card companies want our business. After years of offers, about six weeks ago, I decided to start collecting the offers, just to see how often they really come. To date: 5 Capital One Card, 5 Barclay Card, 3 Discover Card. In all, 13 offers from three companies in six weeks. Even more odd, only one was for me! I guess I've been out of debt so long, they don't think I'm interested any more?
But keep this in mind, next time you wonder why your interest rates are so high: how much money are they spending on these repeated, excessive, expensive, glossy mailers?