Personal Loan Preapproval Explained With Tips

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What Is Personal Loan Preapproval or Prequalification?
Prequalification vs. Preapproval
How Does Personal Loan Preapproval Work?
Why To Get Your Personal Loan Preapproved If You Can
The Prequalification Process: 3 Steps
1. Choose a Lender (or Three)
2. Provide the Required Information
3. Receive Your Preapproval
What To Do If You Get Preapproved
What If You Can't Get Prequalified?
The Takeaway
About the Author
Jamie Cattanach is a full-time freelance writer whose work has been featured at CNBC, Yahoo Finance, The Motley Fool, the Huffington Post and other outlets. At SoFi, she writes about investing, retirement, student loans and how to get your money right -- no matter what that means for you.
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