Update: We now have some datapoints that show these new DocuSign applications are still bypass 5/24. Good news for once, yay! Datapoints: 1, 2. Share yours in the comments below.
Original post: One of the ways to bypass the Chase 5/24 rule has been to apply using a paper application via a business relationship manager. Reader Erik left a comment stating that June 1st was the last day for these paper applications and they would be starting a new process with e-mail applications and DocuSign on June 4th. I didn’t think too much of it but then yesterday I saw a report on reddit stating something similar (and another here). It isn’t 100% clear if this new process still bypasses the 5/24 rule or not, although at least one datapoint suggests it might not. We did see the ‘selected offers for you’ method temporarily stop working as well, so it’s possible something similar might happen here as well.
The post Chase ‘Paper’ Apps (DocuSign) Still Bypassing 5/24 appeared first on Doctor Of Credit.
Written by Doctor Of Credit @ https://www.doctorofcredit.com
Written by Doctor Of Credit @ https://www.doctorofcredit.com