Upside to Credit Card Changes: Fewer Junk Mail Solicitations

Amid the gloom of higher credit card rates, more fees, and more credit card accounts being canceled, there’s a silver lining: The once-constant stream of junk-mail solicitations for new credit cards has slowed down dramatically.

As a MarketWatch piece shows, the number of credit-card mailings has gone down in eight straight quarters. Solicitations in the third quarter of 2009 are down 71% compared to last year.

Related Topics: Credit Cards
  • http://money.blogs.time.com/2010/02/22/tagging-along-with-credit-card-reform-more-fees-higher-interest-rates-and-less-credit-period/ Tagging along with Credit Card Reform: More Fees, Higher Interest Rates, and Less Credit Period – It's Your Money – TIME.com

    [...] what had seemed like a constant onslaught of enticements to attract new cardholders. The number of junk mail solicitations fell by 71% in the third quarter of 2009. Capital One, for instance, sent out just 200,000 solicitations in the [...]

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