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Pre-Qualification Defined. What Exactly Is Pre-Qualification? Key Takeaways

Pre-Qualification Defined. What Exactly Is Pre-Qualification? Key Takeaways The expression pre-qualification identifies an estimate for credit written by a loan provider predicated on information supplied by a debtor. Pre-qualifications are conditional and involve the financial institution reviewing a debtor’s creditworthiness before giving a pre-approval. Lenders generally utilize this as an advertising strategy for creditors trying…
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