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Question on GE/Walmarp Prequalified offer

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TimeToRecover
Established Contributor

Question on GE/Walmarp Prequalified offer

So I got a GE/Walmart prequalified offer in the mail today (says just go find out balance and accept) I am not stepping out of the garden at this time still working on a few things But this did prompt me to ask a few questions.

 

1.  Is there a different in a "prequalified" or "preapproved" offer?

2.  When something like this is sent does it mean there would NOT be a HP since obviously the qualification was flagged from a SP?


Starting Score: 570 ish
Current Score:EX (701) EQ (711) TU (705)
Goal Score: 750
In My Wallet: GE Care Credit (8K) BestBuy (6K) BofA Cash Rewards Signature Visa (7K) Cap One Quicksilver (10.5K) Chase Freedom (4K) Lowes (6K) VS Angel Card (2.4K), Macys (4K)
Message 1 of 3
2 REPLIES 2
myjourney
Super Contributor

Re: Question on GE/Walmarp Prequalified offer


@TimeToRecover wrote:

So I got a GE/Walmart prequalified offer in the mail today (says just go find out balance and accept) I am not stepping out of the garden at this time still working on a few things But this did prompt me to ask a few questions.

 

1.  Is there a different in a "prequalified" or "preapproved" offer?

2.  When something like this is sent does it mean there would NOT be a HP since obviously the qualification was flagged from a SP?

 

 


Will always result in a HP

Before you app think...
Have you done your research of the CC?
Does it fit your spending?
Do you have a plan for the bonus w/o going into debt?
Can you afford the AF?
Do you know the cards benefits? Is it worth the HP?
Message 2 of 3
09Lexie
Moderator Emerita

Re: Question on GE/Walmarp Prequalified offer

Message 3 of 3
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