Credit Scams: Why opt-out is a good idea.
Sunday, June 10th, 2007I opted out of unsolicited mail earlier this year and today realized why that was a great idea. After being out of town for a month I ended up only spending about an hour filtering my mail… and one piece stood out because it was printed on the lowest quality paper I’ve ever seen offering a 5% APR.
I did a quick search and found this out from the Better Business Bureau:
Since April 28, 2005 Union Workers Credit Services, a third party credit card offering, was the source of 20 complaints and 2,173 inquiries from the public. Subject firm states in its promotional literature “Good things happen to good people like you” you are “Pre-Approval for a $10,000 credit limit”. According to the firm over 5 million pieces of mail were sent.
Have a look! 
Pretty awesome huh? Go opt out now so such awesome gems don’t slip by unnoticed any longer!
