I guess everyone has received some credit offers that they have either laughed at or been insulted that anyone would send. Offers that are completely out of line with the limits on your other cards, your lifestyle, or your credit rating. Card offers that you'd never take. I've received several like that--Household finance checks/instant loans at 28%, anything from Capital One, but especially the Kmart card, anything from Providian, the TJ Maxx card, anything with a toy card limit.
In the past few years I've purchased two apartment buildings and moved into my dream home (just like the Beverly Hillbillies, complete with cee-ment pond). In order to achieve these goals I made extensive use of my available credit. Also, with the apartment buildings, I got a boatload of inquiries setting up vendor accounts, as well as additional mortgage inquiries for properties that i ended up not buying. So my scores were depressed, not due to any negative information, but as punishment for being too successful, I suppose. (The ONLY reasons listed in the negative factors section of my score were too many inquiries and balance-to-available ratio.) So yes, I've received more than one of those stupid Household checks and a number of ridiculous credit card offers with high rates (or secured!). I suppose Cap one and Providian have passed over the transom, but they go straight to the recycle bin and I pay little attention to the names. Now the really stupid ones are those with whom I have current accounts. I've had a couple (Advanta, Juniper) decide that I must be overextended and basically double the interest rate on me. When they do that I just write a check to pay it off completely and cut up and trash the card. I don't close the account so the available credit will stay on my report, but for all other purposes the account is dead. Silly, silly credit issuers.
