Waste of time, "pre-qualified" means nothing, as to be expected with firms like this. Don't bother wasting your time with this firm, was overqualified for a loan, given run around, lied to by customer service rep, and then declined. Took a hit on my credit inquiries on my credit score at the recommendation of Credit Karma, should have trusted my gut and skipped it. I would recommend that everyone avoid doing business with Credit Karma advertisers that claim pre-qualification and definitely avoid doing business with LendingPoint. You're better off looking for credit cards/loans on your own.
I also suspect that the other 5 star glowing reviews here are actually just astroturf to pump the company up.