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Credit crunch. Card offers drop
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March 17th, 2009UncategorizedUS households received 3.8 billion offers for new cards during 2008 according to Mail Monitor, the credit card direct mail tracking service from global market research company Synovate.
This represents a 27% decrease, or 1.4 billion fewer offers mailed in 2008, from the 5.2 billion offers consumers received in 2007.
The average household received 4.6 credit card offers a month in 2008, down from 5.4 in 2007.
