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Valued Contributor
MsLadyRover
Posts: 2,727
Registered: ‎03-14-2012

Re: Huge Approval from Navy Federal!

Very Very NICE!! Congratulations!!



Starting Score: 639 (Walmart TU)
Current Score: TU 699 (myFICO) EX 685 (myFICO) EQ 697 (myFICO)
Goal Score: 700 Across the Board (Mortgage Goal Achieved 1/31/2012!)

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Valued Contributor
Dustink
Posts: 2,980
Registered: ‎10-02-2012

Re: Huge Approval from Navy Federal!

Go from a CLD from one lender to a $17k approval from NFCU...haha wow

Too many INQs & low AAoA so I'm off to tend the Garden.     Age:21    


     $14k          $8.5K          $7.5k          $7.5k         $6.5k             $6k             $5k            $5k             $5k              $5k           NPSL       @ 0%
Regular Contributor
Kartel34
Posts: 157
Registered: ‎05-01-2008

Re: Huge Approval from Navy Federal!

Great job 

Mega Contributor
Creditaddict
Posts: 18,830
Registered: ‎10-23-2007

Re: Huge Approval from Navy Federal!

1/23/13 - Got power report

5 credit cards, $2,000/$11,000 cc utilization = 18%, 3-year-old $103k mortgage, $32k in school loans, $8,000 personal loan, $12,000 auto loan

 

Congrats on the Navy Approval... it's 0% for the year! Why don't you transfer the personal loan and refinance the car loan because some how I bet you pay more than what Navy would cost you and/or approve you for!

Fico Scores: EQ 639 Navy, TU 665 GE, EX 677 Prosper (07-09-14)
You will have to put up Electric Fence to keep me in the garden!
Highest Limit: Fidelity Amex $25k (AU)
Lowest Limit: Buckle $250
Over 30 Cards in between :smileytongue:
Frequent Contributor
_jb_
Posts: 306
Registered: ‎01-16-2013

Re: Huge Approval from Navy Federal!

Congrats on this. That is a huge score jump too.


Starting Scores: myFICO EX: ???, myFICO EQ: 678, myFICO TU: 676 (01/2013)
Latest Scores: myFICO EX: 704, myFICO EQ: 702, myFICO TU: 718
My Wallet: Chase Sapphire Preferred, Discover It, NFCU cashRewards, Capital One Quicksilver, Chase Amazon Rewards
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Frequent Contributor
Mellon
Posts: 338
Registered: ‎08-31-2007

Re: Huge Approval from Navy Federal!

Congrats!!!

| NFCU Cashrewards $14,000 | NFCU Platinum $12,000 | NFCU Navchk $10,000 | Amex BCE $3,000 | Amex HHonors $1,700 | Chase Freedom $3,300 | Chase Sapphire Preferred $5,000 | BOA 3-2-1 $5,000 | Barclays Apple $4,450 | CapOne Quicksilver $1,000 | OCCU Beaver $5,000 | CITI Diamond Preferred $2,500| Citi TYP $5,000 | GTE FCU $3,000 | | Discover IT $3,500 | Walmart Discover $8,000 | NCSECU $750 | NASA FCU $2,000| Chase Slate $4,000 | Barclays Reward MC $1,500| Best Buy $3,000 | Wells Fargo $3,000 | Chase Amazon $3,000
Regular Contributor
HindSight_20_20
Posts: 177
Registered: ‎06-03-2009

Re: Huge Approval from Navy Federal!


Creditaddict wrote:

1/23/13 - Got power report

5 credit cards, $2,000/$11,000 cc utilization = 18%, 3-year-old $103k mortgage, $32k in school loans, $8,000 personal loan, $12,000 auto loan

 

Congrats on the Navy Approval... it's 0% for the year! Why don't you transfer the personal loan and refinance the car loan because some how I bet you pay more than what Navy would cost you and/or approve you for!


+1 BAM! I'd be transferring so quick it would make your head spin!!!

________________________________________________________________________________________________
I’ve found that I can "charge" WHATEVER I want…. Just not all at THE SAME TIME!*Last CC App 07/2010*
Member
onitapgr
Posts: 8
Registered: ‎12-16-2012

Re: Huge Approval from Navy Federal!


HindSight_20_20 wrote:

Creditaddict wrote:

1/23/13 - Got power report

5 credit cards, $2,000/$11,000 cc utilization = 18%, 3-year-old $103k mortgage, $32k in school loans, $8,000 personal loan, $12,000 auto loan

 

Congrats on the Navy Approval... it's 0% for the year! Why don't you transfer the personal loan and refinance the car loan because some how I bet you pay more than what Navy would cost you and/or approve you for!


+1 BAM! I'd be transferring so quick it would make your head spin!!!


The rep said the rate was ~9%, he didn't mention anything about 0% for a year...Is this an automatic thing?


Both the personal loan and the auto loan is at 4.99%, so I don't think a transfer would be the right move....unless I transfer the auto loan, then I can get ownership of the title so I can cut my coverage on my car insurance.  That might save me about $50/month.  I plan on having my car paid off in 1 1/2 years.

 

10/15/2012 - 664
12/15/2012 - 684
01/24/2013 - 741
Valued Contributor
j_casteel
Posts: 1,699
Registered: ‎06-21-2012

Re: Huge Approval from Navy Federal!


onitapgr wrote:

HindSight_20_20 wrote:

Creditaddict wrote:

1/23/13 - Got power report

5 credit cards, $2,000/$11,000 cc utilization = 18%, 3-year-old $103k mortgage, $32k in school loans, $8,000 personal loan, $12,000 auto loan

 

Congrats on the Navy Approval... it's 0% for the year! Why don't you transfer the personal loan and refinance the car loan because some how I bet you pay more than what Navy would cost you and/or approve you for!


+1 BAM! I'd be transferring so quick it would make your head spin!!!


The rep said the rate was ~9%, he didn't mention anything about 0% for a year...Is this an automatic thing?


Both the personal loan and the auto loan is at 4.99%, so I don't think a transfer would be the right move....unless I transfer the auto loan, then I can get ownership of the title so I can cut my coverage on my car insurance.  That might save me about $50/month.  I plan on having my car paid off in 1 1/2 years.

 


There's a promo going on right now through the end of Feb. 0% on BT's.

| Walmart $5k | Amazon $5k | NFCU $19.5k | NavChek $15k | Lowes $15k | BoA WMC $8.1k | Freedom $3k | Discover $4k | CSP $5k |
Starting Score: EQ:571 EX:??? TU:597
Current Score: EQ:686 EX:706 TU:698
Goal Score: 700
across the board
Member
onitapgr
Posts: 8
Registered: ‎12-16-2012

Re: Huge Approval from Navy Federal!


j_casteel wrote:


There's a promo going on right now through the end of Feb. 0% on BT's.


Do you have a link to that?  Can't find anything.....Is that 0% on the transfer fee only or does it also apply to the APR of the transferred balance?

 

Is a transfer from a personal installment loan to a credit card considered a balance transfer?  I checked with my bank (First Niagara) and it is actually classified as an "Equipment Loan".  Not sure if that makes a difference.  The reason it's classified as an Equipment Loan is it was part of a special offer they were running for people in the area of Hurricane Sandy. 

 

Thanks!

 

10/15/2012 - 664
12/15/2012 - 684
01/24/2013 - 741

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