10-05-2012 03:48 PM - edited 10-05-2012 03:53 PM
Just in case, while verifying my application today with a senior analyst, I asked him, why I was pre app for More and the app button redirected me to IT. He told me, that this is normal now, the IT replaces the More. There will be no new More cards.
10-05-2012 07:04 PM
10-06-2012 09:10 AM
I didn't know that....I guess the More has simply been upgraded to IT!
10-06-2012 09:17 AM
Any idea why the IT is equivalent to the More given the fee structure is radically different?
I haven't gone and looked at the source but I've recently been reading claims of some classes of fees being unenforceable now, were these applicable to the fee structure of the More card and if that was one of the driving factors, may more lenders be following suit in the future?
Interesting bit of information anyway, thank you for posting.
10-06-2012 09:26 AM
No, no idea.
That is just what he told me, cause I thought this is funny. Being pre app for More and then being redirected to the IT app. I had to call in, because I did get the 5 to 7 day message and thought, it could be a good idea to ask.
Funny thing, the More is on the webside again today, yesterday it was not, at least for me.
I am not complaining, I wanted to do a PC after 30 days. This is even better.
10-07-2012 05:30 AM
When I applied for the More last night, it didn't bring up anything about the IT, and the instant approval message was for the More. I don't really have a preference either way. I guess they are still making More cards!
10-07-2012 05:36 AM
Hm, interesting. But you should be able to PC after 30 days, if you want.