Citi Sends Out Unsolicited Macy's Cards

Posted By: Dr. Frugal in Credit on 09/30/2007 at 05:59:18

The unscrupulousness of credit card companies hit a new low when Citi sent out brand new, unsolicited credit cards to Macy's account holders who have been inactive for the past two years. Talk about a terrible idea. There was a time in my life where I would immediately shred mail that I wasn't expecting. I knew where all my bills were coming from and rather than waste my time opening all the junk I would just shred it and throw it away. That said, there are a ton of people who do the same thing but without shredding it. I know my neighbor does--I've seen his trash in the dumpster complete with unopened envelopes.

To me it's just a security breach waiting to happen to say nothing of people in various states of credit duress that are now going to have the opportunity to get themselves further into debt.

Comments

No comments yet. Future commenting has been disabled.

Sections

Budget (33)
Credit (31)
Currency (22)
Economics (86)
Frugality (74)
Loans (42)
Politics (18)
Saving (37)
Taxes (42)

Related:

Bad Debt vs. Good Debt

Debt Collectors

Unforgivable Debts

When is an online transaction secure?

Identity Theft


Most Popular

Free Turbo Tax 2018

Most Recent


Feeds


RSS/XML Feed