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Blue Vine CLI & Swift Capital Approved

Epic Contributor

Blue Vine CLI & Swift Capital Approved

Blue Nile approved another $2k CLI bringing our line to $12k which started at $6k about 6 or so months back.

 

Swift Capital had approved $18k loan out of the $25k I applied for but the lowest they would go was 26% and it had to be taken instantly as 1 deposit.  I told him no and a few days later received an email from a senior someone asking to let them give me their best and final, took 2 days for them to call (Holiday stuff I think) and once he realized I liked the lines of credit better and didn't "need" all the funds today, he said they could approve another line for $14k giving me the total $25k I was looking for with my existing Blue Vine.

it's 16% when you draw which is just a little higher than I'm currently getting on the BlueVine but not too shabby.

I uploaded 3 bank statements and current balance on Bluevine, no other docs asked for.

8 REPLIES
Established Contributor

Re: Blue Vine CLI & Swift Capital Approved


Creditaddict wrote:

Blue Nile approved another $2k CLI bringing our line to $12k which started at $6k about 6 or so months back.

 

Swift Capital had approved $18k loan out of the $25k I applied for but the lowest they would go was 26% and it had to be taken instantly as 1 deposit.  I told him no and a few days later received an email from a senior someone asking to let them give me their best and final, took 2 days for them to call (Holiday stuff I think) and once he realized I liked the lines of credit better and didn't "need" all the funds today, he said they could approve another line for $14k giving me the total $25k I was looking for with my existing Blue Vine.

it's 16% when you draw which is just a little higher than I'm currently getting on the BlueVine but not too shabby.

I uploaded 3 bank statements and current balance on Bluevine, no other docs asked for.


Nice work there! I like my BlueVine loc. Do you mind the weekly payments? I kind of wish it was once a month.

Scores 01/04/2017: EQ 719, TU 750, EX 716
Goal scores: 740 across the board
Epic Contributor

Re: Blue Vine CLI & Swift Capital Approved

Sure monthly would be more ideal but they are consistent on exactly when it comes out so it's OK
Community Leader
Super Contributor

Re: Blue Vine CLI & Swift Capital Approved

Congrats CA!!! Smiley Happy
(BK7 d/c-08/2013/FICO-400's) ~ 07/2017 FICO 08- EQ-669, TU-676, EX-681
Scores being held down by tons of INQ/New acts Smiley Wink
Epic Contributor

Re: Blue Vine CLI & Swift Capital Approved

Update:

 

Bluevine increased my CL to $15k with plans to move it towards $25k over the next 6-8 weeks if I didn't take the Swift Capital line so I did that... They have been very good to use so far.

New Visitor

Re: Blue Vine CLI & Swift Capital Approved

Hi when you applied was it all online and by phone(no physical paper mail/paperless?)
Epic Contributor

Re: Blue Vine CLI & Swift Capital Approved

Online.
You
Give them access to bank account or upload statements typically
New Visitor

Re: Blue Vine CLI & Swift Capital Approved

Do they mail you any paper confirmation documents or letter after?
Or is everything virtual(I’m noticing more of a trend now where everything being virtual vs including paper.)
Epic Contributor

Re: Blue Vine CLI & Swift Capital Approved

Virtual