Q&A Video – What Does It Mean To Be Prequalified For A Credit Card?

John Ulzheimer

John Ulzheimer | Q&A Videos

Jul 21, 2015 | Updated May 03, 2016

Are you always getting prescreened credit card offers in the mail? How do credit card issuers prequalify a person for a credit card, and what kind of effect does that have on your credit? What about if you apply? It turns out that you can actually make these offers stop completely by opting out.

There are also ways that you can use prequalified offers to actually get better deals when applying for credit cards.

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The responses below are not provided or commissioned by bank advertisers. Responses have not been reviewed, approved or otherwise endorsed by bank advertisers. It is not the bank advertisers' responsibility to ensure all posts and/or questions are answered.

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