Credit Card

Credit Card (Photo credit: 401(K) 2013)


Sweet candies


A legitimate “pre-qualified” offer means you’ve been selected to apply for a credit card or loan. You still have to complete an application, and you can still be turned down. If you paid a fee in advance for the promise of a loan or credit card, you’ve been hustled. You might get a list of lenders, but there’s no loan, and the person you’ve paid has taken your money. It’s very unlikely you’ll be able to depend on that loan.