Read what a preapproved offer actually says
Read a preapproved offer as an offer with terms to check, rather than as an approval you can assume is final. Use the official prescreened-offer guidance linked below when deciding how to reduce that mail.
How to read a preapproved credit mailer
- Find the disclosure in the small print. It explains the prescreen criteria and the further steps or credit checks required before a final decision.
- Compare the advertised rate and credit limit on the front with the ranges in the fine print, which can differ from the headline figure.
- Do not apply on the headline alone. If the offer interests you, research the lender separately and consider whether the product fits your finances.
- To stop prescreened offers from credit bureaus, use the official opt-out route the FTC points to. To stop mail from one sender, photograph a mailer for Junk Mail Magic and submit a request. The two are separate actions.
What the prescreen means
Lenders buy lists from credit bureaus that match certain criteria and mail to everyone on the list. Your name on it reflects credit data, not a lender's review of your file. A hard credit inquiry typically happens when you formally apply. This guide covers only how to read the mailer and manage future mail, not whether to take the offer.
Use the official opt-out for prescreened offers
The FTC's guidance explains the official prescreened opt-out. A removal request through Junk Mail Magic addresses one sender's mailings and is a different step.
Instructions for the next step
Have an unwanted advertisement ready?
Photograph one piece you are authorized to handle, with the sender and full mailing label visible. Review the details before submitting. The first request is free; the sender controls the response.
Try one request free