PreQualified

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Pre-Qualified vs. Pre-Approved: What’s the Difference? -CreditCards.com

You open your inbox to find it’s full of letters promising you’ve prequalified for a new, low-interest credit card. Or maybe these emails say that you are pre-approved for the latest bonus card from Chase, Discover or Citi. Is there a difference between pre-approval and pre-qualification? And does this mean that lenders will automatically approve […]

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