TRUTH 1 Credit cards
It isn’t uncommon for you to receive a notice for a credit card that seems to say that you’ve been preapproved (whatever that may mean) for a credit card that may provide you with a low interest rate, a high credit limit, and an incredible rewards program. In fact, it may promise just about anything. The truth is, the preapproval letter actually is just an invitation to apply for a credit card at an interest rate that will be determined later depending on your credit report and credit history.
When you actually receive a credit card after responding ...
Get The Truth About Avoiding Credit Scams: The Essential Truths in 20 Minutes now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.