This is approval for a purchase prior to selecting a security. It is recommended that applicants get pre-approval prior to bidding at auctions so they are aware of their borrowing limitations.
This information in this article is general only and does not take into account your individual circumstances. It should not be relied upon to make any financial decisions. uno can’t make a recommendation until we complete an assessment of your requirements and objectives and your financial position. Interest rates, and other product information included in this article, are subject to change at any time at the complete discretion of each lender.