How to stop receiving credit card offers junk mail
In order to opt out of credit cards offers, there are various options available for the US consumers. The Consumer Credit Reporting Industry set up a website, called http://www.OptOutPrescreen, which allows consumers to unsubscribe from selected offers or from all such offers. Alternatively, one can go to the Direct Marketing Association’s Mail Preference Service, where one can choose to opt in or opt out of various offers. There are of course other websites as well which allow one to cancel subscriptions, such as Catalog Choice (a free service). To reduce junk mail ensures a better future for our environment.
Credit card offers opt out is easier in the US than in Australia
Currently, the world wide global financial markets (inclusive of the United States) are in a state of confusion and chaos. This is due largely to the unreliable and dubious habits by Financial Institutions of providing credit and lending money. Unfortunately, millions of people all over the world are totally over extended on mortgage or credit card debts.
One contributing fact to the scenario are of course the common junk mail offers
Even though the global economic crises has been widely reported and is very well known, credit card companies are continuing to extend excessive and exorbitant amounts of credit and issuing more credit cards – making it harder to deal with credit card special offers opt out. To the poor debt-ridden consumer, this seemingly heaven sent solution of ready cash and prizes to win if they sign on the dotted line by a given deadline, often only exacerbates their problems.
Switch to Electronic Credit Card Statements
The Westpac Low Rate Card gives you the option of opting in for eStatements - the electronic credit card statement service from Westpac. This will benefit you, not having to rely on the postman to deliver your statement, and at the same time help the environment by reducing the amount of paper needed to support your credit card account.
- $59 p.a. annual fee
- 1% p.a. for 12 months (reverts to 13.49% p.a.) on purchases
- 0% p.a. for 18 months on balance transfers
- Cash Advance Rate of 21.49% p.a.
- Up to 55 days interest free
- Minimum Income Requirement of $15,000 p.a.
Most consumers have applied for a credit card sometime in their lives or received unsolicited mail from institutions. One tends to think of junk mail only along the lines of catalogs, magazines, advertisements or invoices, but credit card offers (mostly unrequested) utilise an enormous amount of paper as well. Fortunately, there IS a way in which you can opt out of these credit card offers and at the same time help save trees and the environment.
There are several ways in which to do this: 1) The Consumer Credit Reporting Industry provides a website which allows consumers to opt out of credit mailings before they happen. It can be done over the phone by calling 1-888-8-OPTOUT or it can be done over the Internet at http://www.OptOutPrescreen.com/. It is very easy to do. One just needs to fill in some basic information and a social security number for personal verification.
The system then matches the phone number against listed addresses (although it will ask for more information if it cannot find a match). This procedure will allow one to opt out of any and all companies which use the major credit reporting services, such as Equifax, Experian, Innovis and TransUnion. Please note that the process can take a few weeks (30-90 days) and the consumer will not be free from credit card offers by companies which do not use these reporting services indicated by this method. But the good news is that excellent progress will have been made towards reducing unsolicited mail and towards saving paper. Why don’t you consider switching to paperless statements for your credit card?.
There is also a more complete and extensive way to get a credit card offers opt out, although this is a bit more complex. This is called the Direct Marketing Association’s Mail Preference Service. It actually offers one the choice to either opt in or out, and it covers credit card offers, catalogs, magazine offers (including subscription offers, newsletters, periodicals or other promotional mailings) and other mail offers such as donation requests, bank offers, retail promotions and more. One can register online at http://www.dmachoice.org/ or by mail (which costs $1). One can choose to only unsubscribe from selected mailings or choose to unsubscribe from all mailings member lists. This method again will take a few weeks (30-90 days) and will largely allow one to rid oneself of most lists and again, to save the environment. In Australia, you are able to list your self with the Australian Catalogue Association, and be added to the do not deliver list.
Remember, it might sometimes feel like a very big sacrifice to make towards saving our Planet, but isn’t it, in the end, much better to have the trees in our forests, doing us a service, than to have them delivering all that junk mail to our mailboxes? You are the judge or this. If you are lucky enough to live in the US (for once) you can deal with effective credit card offers opt out by following the above suggestions. As for us Aussies, well, the next option is to shred them.