Even though it’s not really the “shopping” season, your mailbox is still probably stuffed with offers for loans, credit cards, and catalog offers on a regular basis. Why is that? Since when did it become a year round thing to “sell” us, the consumer, on a different credit card, a personal loan, or store credit card? Well, with the advent of online shopping, the use of credit cards has skyrocketed, as has the use of store credit, catalog offers, and online loan options (home, car, personal and even payday loans).
But how do you know if you’re getting the best credit card for your credit score? How do you know you’re getting the right card for your financial needs? Do you need cash back rewards? Or would a travel rewards card better benefit you?
And if your credit is less than perfect? Would a secured credit card boost your credit score more than a store credit card? Would you qualify for an unsecured credit card? Do you even know your credit score?
These are some pretty tough questions when you really think about it, aren’t they? Do you really think that filling out one or more of those mass mailer offers will get you the right credit card for your needs?
The truth is, most of those offers that land in your mailbox aren’t customized to your needs. They’re sent out as a bulk mailing to thousands of people in your area whose credit score is likely similar to yours, based on your age, where you live, and even what most people in your area do for a living… There is absolutely nothing “custom” at all about it. So, before you respond to one of those offers, you might just want to do a little comparison shopping.
Start with your credit score, then choose offers that best fit YOU: