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NFCU cc app AFTER a loan AND a CLOC?

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Anonymous
Not applicable

NFCU cc app AFTER a loan AND a CLOC?

Haven't seen this exact scenario previously so my apologies if its been covered:

 

membership in 11/16. 

 

My first app 2/1/17 was an installment loan, approved for $9K. 

My second app was 3/1/17 for a CLOC, approved for $10K. 

 

Do I or should I wait a bit before apping for my FIRST credit card w them?

 

thanks

Message 1 of 7
6 REPLIES 6
recoverysauce
Valued Member

Re: NFCU cc app AFTER a loan AND a CLOC?

Apply now! CLOC is much harder to get IMO.

Message 2 of 7
Anonymous
Not applicable

Re: NFCU cc app AFTER a loan AND a CLOC?

I agree. They'll probably pull a different bureau as well
Message 3 of 7
Anonymous
Not applicable

Re: NFCU cc app AFTER a loan AND a CLOC?

1) The Loan Dept at Navy handles the CLOC, so for those who didn't know...
The HP for a loan can and should ALWAYS be used to double up for CLOC consideration
Thankfully, I found out from this forum last year that's how it works...So I waited and apped the CLOC after my auto pre-approval, same pull same Dept
(Yes, it's weird but they classify the Cloc with the loans )

2) Yes the CC Dept pulls a different type of HP, they pull a CC enhanced scorecard, which IMO helps qualify more ppl for bigger CL btw

The loan department (remember loan and CLOC) pulls if memory serves me either just a classic but it might be a mortgage enhanced

I forget off the cuff but I think the CCs are normally TU with the loans being EQ but that could be swapped...It's around here somewhere

Check your CK if you have it, it's pretty clear and straight forward

As another poster mentioned, if you have been approved for a Cloc and a Loan, generally the CC side is cake, as far as an initial approval, the concern generally the other way around

Go grab your CC (anything but the Platinum)

Best of luck
Message 4 of 7
Anonymous
Not applicable

Re: NFCU cc app AFTER a loan AND a CLOC?

I recommend the cashRewards right now - sick promo offer!

 

Earn an Extra $200 With cashRewards

Message 5 of 7
Anonymous
Not applicable

Re: NFCU cc app AFTER a loan AND a CLOC?

Great insights. Thanks. 

Message 6 of 7
Anonymous
Not applicable

Re: NFCU cc app AFTER a loan AND a CLOC?

I'm likely an outlier, but it was harder for me to get an unsecured card with NFCU than a CLOC.  Back in Nov '14 I applied for a CLOC and a CC, CLOC approved, CC denied.  At the time I still had an unsecured card with them that I was hoping would graduate, as well as a Joint credit card with my wife.  I sent NFCU a SM asking for a recon, and they gave me a $500 SL, a year later it was up to 25k Smiley Very Happy  

 

Oz

Message 7 of 7
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