So I received my "rejection" letter that simply stated the reason as "Credit Report". I had to call and push for more info. Supposedly they have had an increase in fraudulent activity, so they have become very cautious with online applications. In-person applications are unaffected. They claim they hope to be able to accept applications again, but I wouldn't hold my breath. I'll stick with SoFi in the meantime until that 1% rate disappears.
