The best way to stay out of debt is to refuse unsolicited credit offers. Be they blank checks or credit card applications, just say no. Tear up the envelope before you open it.
I received a letter from American Express. Printed on the outside is ” You’ve been selected”. To me, that means I have been targeted and I should run as far away from the offer as possible. Also printed there is “Everything that comes with the Preferred Rewards Gold Card Can be Yours”. No thanks, I do not want your rewards. I pay for what I want to buy and I am happy with the value of the service or merchandise I receive. I do not fall victim to the lure of rewards or the false sense of importance these card reward programs offer.
There is no reward and nothing elegant about being sued by American Express.