Yes – personal loan pre-approval can be highly useful for borrowers. In essence, this is a conditional, non-binding approval that indicates to you how much your lender would be willing to approve you for. This helps to give you an idea in advance of your purchase as to what your budget will be for your jewellery. It’s important to note, though, that pre-approval doesn’t guarantee that you’ll be approved for the same amount or indeed approved at all.