You may have received a pre-qualification loan offer in the mail because, based on information in your credit report and other factors, you were identified as a potential borrower and met certain criteria for creditworthiness.
However, you will no longer be eligible to receive a loan, if after you respond to this offer, we determine that you no longer meet the criteria used to select you for this offer or if, after we verify the information in your application, we determine that you do not meet other specific criteria established prior to this offer for determining whether to extend credit pursuant to this offer.
These other criteria include, but are not limited to, minimum income requirements, affordability requirements, and confirmation of identity. For example, if we find that your outstanding debt is too high relative to your income, you may be disqualified to receive a loan.
After every decision, you will be notified on our website and by an official adverse action letter.