Avoid Credit Card Lures

Credit card companies that send pre-approvals use certain lures that you should be aware of and quite possibly avoid. Here are a few:

1. No annual fee
2. Product discounts
3. Exclusive access
4. Air miles
5. Rebates

The thing to remember is that most people don’t take advantage of these and end up with revolving debt. In the end it usually isn’t worth it.