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Confused about Navy Federal (Approved for Credit Card, Denied for Auto Loan)

Member

Confused about Navy Federal (Approved for Credit Card, Denied for Auto Loan)

I just applied for a Navy Federal auto loan in the amount of $17,000. My credit is only 633 at the moment, so I wasn't expecting miracles- but I was at least expecting to be approved at high rate. I was denied.

 

After getting off the phone about the auto loan (just out of curiosity) I applied for a credit card, which I was approved for with a limit of $7,000.

 

I'm confused. Has anyone had this happen?

 

 


Starting Score: 571
Current Score: 618
Goal Score: 700


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Message 1 of 3
2 REPLIES
New Member

Re: Confused about Navy Federal (Approved for Credit Card, Denied for Auto Loan)

They pull different bureaus for Credit Cards=TransUnion and Auto Loans=Equifax.

How similar are your reports and scores?
Message 2 of 3
Epic Contributor

Re: Confused about Navy Federal (Approved for Credit Card, Denied for Auto Loan)

They have been pulling EQ for me only for credit and loan lately... I wish they would pull TU!
Message 3 of 3