Neal Kaplan I'm a director of technical communications working for a data analysis startup in Redwood City. I started as a technical writer, and since then I've also been learning about information architecture, training, content strategy, and even something about customer support. I'm also passionate about cross-team collaboration and user communities.

What is the purpose of prequalification?

23 sec read

A process of evaluating and determining whether potential bidders have the skill, judgment, integrity, sufficient financial resources, and ability necessary to the faithful performance of a contract for construction or repair work.

What is the purpose of pre-qualification?

Pre-approval and pre-qualifications are dependent on the lender’s review of the borrower’s creditworthiness. This is a marketing tactic used by the lender to get new customers for things like credit cards and mortgages.

What pre-qualification means?

If the creditor has done a basic review of your creditworthiness, you’re likely to qualify for a loan or credit card. When a consumer submits a prequalification application for a loan or card, this process begins.

Neal Kaplan I'm a director of technical communications working for a data analysis startup in Redwood City. I started as a technical writer, and since then I've also been learning about information architecture, training, content strategy, and even something about customer support. I'm also passionate about cross-team collaboration and user communities.

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