FIRST TIMER: What does it mean when it says conditionally approved with Chase?

[Membersince2013]

I have a Chase checking account and i read that i can get .25% for having checking account and another .25% for using Chase autopay to pay for my auto loan. I applied and i was told that i was approved the next day...Does this mean they'll still me for bank statements and/or pay stubs?

http://i61.tinypic.com/70xf9u.png

[Anonymous]

@Mmembersince2013,

When something is conditionally aprroved, they will be requiring more information /verification.  Once that is met then you keep the amount you are apporved for.  However, if they request/verify whatever they ask for and you don't meet the terms, they can/will rescind the approval...

[Membersince2013]

---

@Anonymous wrote:

@Mmembersince2013,

When something is conditionally aprroved, they will be requiring more information /verification.  Once that is met then you keep the amount you are apporved for.  However, if they request/verify whatever they ask for and you don't meet the terms, they can/will rescind the approval...

---

Youre everywhere! lol

Thanks for clarifying

[Anonymous]

---

@Membersince2013 wrote:

---

@Anonymous wrote:

@Membersince2013,

When something is conditionally aprroved, they will be requiring more information /verification.  Once that is met then you keep the amount you are apporved for.  However, if they request/verify whatever they ask for and you don't meet the terms, they can/will rescind the approval...

---

Youre everywhere! lol

Thanks for clarifying

---

Yes, I am when I am on.  You are welcome and congrats on the approval...

[Membersince2013]

Thank you !

[Anonymous]

Semi off topic...

But thanks for posting this.  I have been considering a refi with Chase, but wasnt sure what kind of rate I would get.  My scores are lower than yours and the rate you got is still higher than I would like to use a HP and make the change!  So thanks!

Congrats on the approval though!

[Membersince2013]

---

@Anonymous wrote:

Semi off topic...

But thanks for posting this.  I have been considering a refi with Chase, but wasnt sure what kind of rate I would get.  My scores are lower than yours and the rate you got is still higher than I would like to use a HP and make the change!  So thanks!

Congrats on the approval though!

---

Actually...My scores are a lot lower now. I just didnt update them yet. My EX is 651 right now.

[Anonymous]

---

@Membersince2013 wrote:

---

@Anonymous wrote:

Semi off topic...

But thanks for posting this.  I have been considering a refi with Chase, but wasnt sure what kind of rate I would get.  My scores are lower than yours and the rate you got is still higher than I would like to use a HP and make the change!  So thanks!

Congrats on the approval though!

---

Actually...My scores are a lot lower now. I just didnt update them yet. My EX is 651 right now.

---

Now why do you gotta go tempting me like that.  I current rate through my CU is 4.74%.  Current pay off is about 27k.  Trying to decide if I want to refi or not.

[Membersince2013]

Well, it's true lol

[Membersince2013]

Well.. I've closed my loan. I didn't have to submit any proof of income. It's an awesome feel!