1. What Does “Pre-Qualified” Really Mean?First things first — when you get those credit card offers in the mail that say you’re “pre-qualified,” it does not mean that you’ve been approved for the credit card that is being offered. You still have to apply for the card (and have your credit history run) before you’ll actually be approved.Many people have gotten frustrated because they respond to a “pre-qualified” offer only to find out they’re not really approved.Don’t take it personally. “Pre-qualified” credit card offers are nothing more than a marketing gimmick.2. The Razzle, The Dazzle and Then The PunchWhen you see credit card offers touting very low interest rates (or even no interest at all), try to remember that these are “teaser” rates that will eventually go up (and may go up drastically). The credit card offer may still be a good deal, but that all really depends on what the interest goes up to after the introductory period.Before jumping to apply for a low-interest credit card offer, see what the interest rate is really going to be after the introductory period is over.3. Keep The Perks In PerspectiveMany credit card offers include perks such as points or cash back […]

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