Definition of pre-approved in English English dictionary
A person who has passed the preliminary screening for the credit card The person will still need to have their credit checked
A credit offer with a "Pre-approved" status means that a potential customer has passed the preliminary credit-information screening necessary to obtain credit with the creditor
The lender has affirmed the borrower's ability to obtain a loan and made a commitment to providing the borrower a set amount of financing
Status given to a requisition or purchase order that has been approved by a University delegate with an authorized dollar approval limit If the document is forwarded from one approver to another for additional approval, its status is considered pre-approved
A credit card with a "pre-approved" offer means that a potential customer has passed a preliminary credit screening
A credit card offer with "pre-approved" only means that a potential customer has passed a preliminary credit-information screening A credit card company can spurn the customers it invited with "pre-approved" junk mail if it doesn't like the applicant's credit rating