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Weird thing was on Amex today paying my SimplyCash CC and business loan popped up pre-approval for 15k @ 9ish APR. Never knew they had these for business, knew about them for personal. I clicked off it due to nothing that I owe money on. If it would of been a LOC I might of thought differently, but this would of incurred interest from the onset of the loan I believe. Are these fairly common?
@CreditCuriousity wrote:@weird thing was on Amex today paying my SimplyCash CC and business loan popped up pre-approval for 15k @ 9ish APR. Never knew they had these for business, knew about them for personal. I clicked off it due to nothing that I owe money on. If it would of been a LOC I might of thought differently, but this would of incurred interest from the onset of the loan I believe. Are these fairly common?
I got one a few months ago. It was pleasant. 6.9% APR.