Pre-Qualification Interest Rate

[Anonymous]

Hey Guys,

I am sure this has been answered a million times, but I couldn't find the answer on my own.  Does a prequalification online showing a specific rate indicate a higher likelihood of approval?  In this case one of the Amex credit cards has a rate range (14-25%) and my rate was in the middle.  Obviously, they don't see behind the curtain until the hard pull is done so I doubt it, but figured I would ask.

Thanks,

NB

[fltireguy]

YES! absolutely if there is a single rate showing (I.e.17.4%), and not a range

[Anonymous]

Thanks so much, good to know!