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Started By
Message
I can sign a $60,000 loan with an e-signature but LOI's are still Faxed?
Posted on 2/6/13 at 9:26 am
Posted on 2/6/13 at 9:26 am
Will never understand this...
10
Posted on 2/6/13 at 9:27 am to Golfer
They just like old school.
I'm sure it's not officially official until the original is mailed.
I'm sure it's not officially official until the original is mailed.
Posted on 2/6/13 at 9:27 am to Golfer
quote:
I can sign a $60,000 loan with an e-signature
You broke
Posted on 2/6/13 at 9:27 am to Golfer
Bama lobbied to keep the fax girl-thing..
Posted on 2/6/13 at 9:28 am to CamdenTiger
quote:
Bama lobbied to keep the fax girl-thing..
the asian butter face? or have they upgraded?
Posted on 2/6/13 at 9:28 am to CamdenTiger
Signing papers makes for good publicity and it historical significance. All part of the process and won't change anytime soon
Posted on 2/6/13 at 9:30 am to Relham10
quote:
Signing papers makes for good publicity and it historical significance. All part of the process and won't change anytime soon
Okay, fair enough. Why not scan and email? Or photograph them with your iPhone?
Heck, the NCAA could create a NSD iPad app that allows access only to recruits and they just sign their name right there on the pad and click "Send to XYZ School".
Posted on 2/6/13 at 9:31 am to Golfer
Time issue.
If a kid faxed 2 LOIs to 2 different schools, he HAS to honor the one that was received first.
If email...I can email blast to multiple locations at the same time. Also, there is no set way to back-track what went to whom first.
yeah, i know it can be done forensically, etc. But, phone logs are much simpler
If a kid faxed 2 LOIs to 2 different schools, he HAS to honor the one that was received first.
If email...I can email blast to multiple locations at the same time. Also, there is no set way to back-track what went to whom first.
yeah, i know it can be done forensically, etc. But, phone logs are much simpler
Posted on 2/6/13 at 9:31 am to Golfer
fax method lends itself to more pomp and circumstance.
Posted on 2/6/13 at 9:32 am to Relham10
What did they do before there were fax machines? They HAD to make a change at some point?
Posted on 2/6/13 at 9:33 am to Relham10
quote:
Signing papers makes for good publicity and it historical significance. All part of the process and won't change anytime soon
That's all fine and good, but how long has the fax been around early 70's? I doubt they were getting faxes before the 80's.
Posted on 2/6/13 at 9:37 am to BlackHelicopterPilot
quote:
If a kid faxed 2 LOIs to 2 different schools, he HAS to honor the one that was received first.
Our office FAX allows me to send the fax to multiple numbers at the same time. Heck, it isn't even connected to a phone line.
quote:
If email...I can email blast to multiple locations at the same time. Also, there is no set way to back-track what went to whom first.
You can setup an online portal that allows for only one school to receive the LOI. This isn't that complicated.
Posted on 2/6/13 at 9:41 am to Golfer
A big recruit is worth way more than $60,000
Posted on 2/6/13 at 9:57 am to Golfer
I'll never understand people not understanding this.
Posted on 2/6/13 at 10:08 am to AlxTgr
quote:
I'll never understand people not understanding this.
In 1994, maybe. But there is nothing preventing them from moving into the 21st century.
I'd put money that the only reason LSU's AD still has a fax machine is for today.
This post was edited on 2/6/13 at 10:09 am
Posted on 2/6/13 at 10:15 am to Golfer
Was thinking the same shite!
Posted on 2/6/13 at 10:43 am to Golfer
quote:
I'd put money that the only reason LSU's AD still has a fax machine is for today.
mostly, yes. but in cases someone may not have a functional internet connection or their connection can be periodically unreliable. phone lines are typically very reliable. some vendors also favor fax more than internet, so a fax machine, which costs practically nothing to maintain, is preferred in those cases, as well.
Posted on 2/6/13 at 10:44 am to Golfer
What APR did you get?
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