Yesterday I promised to tell you how many credit card solicitations I received in May. After all, part of the problem with credit cards is that the companies marketing them are constantly bombarding the population with offer after offer.
Now for the results.
In May I received 21 credit card solicitations. Yes, that many. No one guessed the right number, though did guess 19.
If I receive as many credit card solicitations every other month of the year, that means I'll get 252 solicitations in the mail this year for credit cards. When you add in TV commercials, magazine ads, emails, banner ads, and the like, it's hard telling how many offers I get in a year. Certainly hundreds, maybe thousands.
I have lots of willpower (I only have two cards), but what about others that can't resist credit? Do they even stand a chance against this assault?
So what should we all do about this problem? . Our postmen and our net worth statements will both thank us.