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What does it mean if you are pre approved 2024?

Lucas Davis | 2023-06-06 03:12:59 | page views：1207
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Isabella Martinez

Studied at Yale University, Lives in New Haven. Currently working as a journalist for a major news outlet.
In lending, pre-approval has two meanings: ... Although, to a typical consumer, "you're pre-approved" means "you already passed the approval process and therefore are guaranteed to be immediately granted the loan if you apply," the literal meaning is different. The literal meaning is "at a stage before approval."
2023-06-14 03:12:59
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Henry Cooper

QuesHub.com delivers expert answers and knowledge to you.
In lending, pre-approval has two meanings: ... Although, to a typical consumer, "you're pre-approved" means "you already passed the approval process and therefore are guaranteed to be immediately granted the loan if you apply," the literal meaning is different. The literal meaning is "at a stage before approval."
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