View Single Post
GH85Carrera GH85Carrera is online now
Get off my lawn!
 
GH85Carrera's Avatar
 
Join Date: Nov 2007
Location: Oklahoma
Posts: 86,349
Garage
Unsolicited Credit card offers

Several years ago I was getting unsolicited credit card offers addressed just to me almost weekly. Evidently the laws were changed and now that has stopped. I don't get them addressed to me anymore.

However, offers to companies continue. We started a company several years ago among four partners, as a LLP. My CPA advised me we really need to have a LLC. So we filed all the paperwork needed to kill the LLP, and convert it to a LLC. That company had one client, and we ran a decent amount of business through it, and that customer decided to take the aerial work indoors. We paid off all bills and divided the remaining profits 4 ways and shut the company down. It has been extinct for over four years.

That company used my address as the mailing address, as I was the agent for the state company. I still get credit card from offers from Chase and American Express to the LLP that never had a penny of business before it was closed.

How in the world do CC companies select who to offer "pre-approved" CC offers?

And my operating profitable aerial photo business never gets those offers. I would just shred them anyway, as we have one company credit card with a hefty credit limit, but never have a balance as it is always paid electronically on the statement date in full. We have never paid one cent in interest on that card. I do the same for my personal credit card.
__________________
Glen
50 Year member of the Porsche Club of America
1985 911 Carrera; 2017 Macan
1986 El Camino with Fuel Injected 350 Crate Engine
My Motto: I will never be too old to have a happy childhood!
Old 08-07-2024, 07:16 AM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #1 (permalink)