Credit Card Center Advertiser Disclosure

Reply
New Member
Posts: 5
Registered: ‎04-05-2017
0 Kudos

Join NFCU before or after discharge?

[ Edited ]

Hi guys, I need your wisdom! I already joined the San Diego chapter of the Navy League, but I'm wondering if I need to wait before submitting a request to become an NFCU member. I filed BK7 a week ago and am waiting on my 341 meeting and discharge this summer. If I open an account with NFCU will they close it once my BK7 is discharged? Thanks for any input! : )

Filed BK7 4/5/16 - waiting on hearing/discharge
Valued Member
Posts: 39
Registered: ‎10-12-2008

Re: Join NFCU before or after discharge?

It is fine to open the accounts before discharge. I personally would wait until after the 341 meeting. The only reason - if the trustee asks if you've opened or have any accounts you didn't report the answer is no. I opened my NFCU the day after my 341. That way the accounts will be settled, funded, etc by discharge.

Rebuilding from BK 7
EQ-554 TU-567 EX-542 ~ Day of Filing (2/2017)
EQ-559 TU-496 EX-510 ~ Day of Discharge (6/2017)
EQ-668 TU-670 EX-658 ~ Current (8/17)
Live, learn, and overcome
New Member
Posts: 5
Registered: ‎04-05-2017
0 Kudos

Re: Join NFCU before or after discharge?

Oh, I didn't even think of that. That you so much for the input! I'm excited to build a relationship with NFCU. Smiley Happy

Filed BK7 4/5/16 - waiting on hearing/discharge
Established Member
Posts: 24
Registered: ‎03-30-2017
0 Kudos

Re: Join NFCU before or after discharge?

As soon as I get my discharge I'll be opening my account with NFCU too. I am very excited to join their "family" too. Members say great things about them.

BK7 Filed 03/30/17
341 Meeting 05/03/17 Wish me Luck!!
Established Contributor
Posts: 852
Registered: ‎09-04-2012
0 Kudos

Re: Join NFCU before or after discharge?

You can join NFCU before your bankruptcy, just don't apply for any credit products. I think Navy Federal is the one of the best national credit unions for rebuilding credit.

 

Guyatthebeach

Established Member
Posts: 12
Registered: ‎04-05-2008
0 Kudos

Re: Join NFCU before or after discharge?

Thank you @guyatthebeach! I'm going to start the membership application process today (this is Thrashley btw, I didn't realize I had this old account I needed to log in to to order my scores/reports). 

Filed BK7 4/5, 341 5/17

4/21 FICO EQ 484
4/27 FICO EX 516
5/22 FICO EQ 524 9/12 FICO EQ 604

Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.

† Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
‡ Credit cards for FICO Score ranges: The score ranges are guidelines based on internal myFICO analysis of actual applicant approvals, and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range. These ranges were not provided by any card issuer.

* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.