Prescreen

Prescreen is the process by which a lender proactively evaluates a consumer's credit history in order to decide whether or not to offer them credit. The process of prescreening consumers happens without the consumers' knowledge and without any derogatory effects on their credit file.[1] The use of credit data for prescreen is strictly regulated in the United States by the Fair Credit Reporting Act (FCRA).

  1. ^ "Prescreened Credit and Insurance Offers". Federal Trade Commission. May 2021. Retrieved December 1, 2021.

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