topic Re: NFCU! so nervous about app... in Credit Cards

NFCU! so nervous about app...

beautybrainsbooty — Thu, 04 Oct 2012 18:01:34 GMT

pulled the trigger TODAY finally. Got the "your application is being reviewed and will be processed in 3-5 days message". OMG. Now I'm on pins and needles. I am in the process of rebuilding. My report is clean only one baddie (collection from two years ago) the rest is perfection, never missed or late on anything. Nice solid scores creeping there way into the 7's. I already have a USAA World Mastercard, but most of my credit is relatively newer. I really, really see myself with the NFCU card then I am off to the garden for sure. So calm me down guys and tell me how long it takes for approval usually??

Re: NFCU! so nervous about app...

XxRaVeNxX — Thu, 04 Oct 2012 18:09:24 GMT

Your scores are 50 points higher than mine, and I was approved with a 5K cash rewards card with them and a 3k Navcheck

Re: NFCU! so nervous about app...

indecison — Thu, 04 Oct 2012 18:06:55 GMT

For me I applied last Friday and was approved on Wednesday after doing an address verification. I had closed on a house on the day I opened my NFCU account and applied for the card. So I had to prove the new house was my address. I was approved for 5K Visa Sig Cash rewards which I feel is pretty dang good considering I have a BK discharged in March of 09. I have since applied for a LOC and had to provide the same information today so I am awaiting the answer on the LOC.

Good luck to you!

Re: NFCU! so nervous about app...

beautybrainsbooty — Thu, 04 Oct 2012 18:42:24 GMT

thank you so much you guys! I am going to relax then (maybe) and wait for my approval ;)

Re: NFCU! so nervous about app...

rootpooty — Fri, 05 Oct 2012 01:31:05 GMT

You should be able to call card services tomorrow and get an answer. You might get surprised and get that text message saying your APPROVED!

Re: NFCU! so nervous about app...

RyVision — Fri, 05 Oct 2012 01:59:12 GMT

I really doubt you have anything to worry about :smileylol:

NFCU usually gives that message, and if it has to process over the weekend, it's always nice to have to wait (happened to me....) but was approved. You may find out sooner but I'd guess you might end up waiting until Tuesday to find out you're getting Kermit (or whatever card you applied for lol).

They won't check EX 99% of the time (if ever) so no worries there either, though I'm sure your EX is reporting similar scores to your EQ and TU.

Re: NFCU! so nervous about app...

beautybrainsbooty — Fri, 05 Oct 2012 18:19:42 GMT

I got approved and am posting under a different thread!!!!!! OMG. But what I want to know is why NFCU takes longer for approvals? Is there some backdoor process they follow. Just interested-as USAA was instant.

Re: NFCU! so nervous about app...

madmann26 — Fri, 05 Oct 2012 18:31:53 GMT

They manually review each app and each app is put before a "panel" for approval.

I base this information from some emails that I have exchanged with NFCU recently.

Congrats on the approval. Was this a secured or unsecured app?

Re: NFCU! so nervous about app...

beautybrainsbooty — Fri, 05 Oct 2012 18:44:37 GMT

oh wow, really? That's a good way to do business to see each person as a person and their total financial story instead of just a score. I love NFCU!

@ Madman this was unsecured application. I have not had to do any secured cards whatsoever and my portfolio is growing quite nicely* ;)

*thanks to myfico and these forums

Re: NFCU! so nervous about app...

madmann26 — Fri, 05 Oct 2012 18:51:13 GMT

Congrats,

I had to go the other route, secured. However, I will be upping my CL with them in $500 increments every 2 weeks until I get the CL up to $2-3k so that when I graduate, I have a better chance of getting a much higher, unsecured CL.

Re: NFCU! so nervous about app...

beautybrainsbooty — Fri, 05 Oct 2012 19:03:59 GMT

I am sure it won't take long at all madman!!

If you are good to them, they are good to you! It really is nice to have financial institution be FOR you rather than against you. ;)