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Epic Contributor
Posts: 25,564
Registered: ‎10-23-2007

Official NFCU CLI Guide

[ Edited ]

You have a Q?

I have an A!

 

Q: Is it possible to know before requesting if my account will be eligible without a HP?

 A: If you access your full Equifax  report and look at SP/Promotional Inquiries you will see (NAVY AR) and they will be every 3 months like clock work once you see the first one... IF at any time you are going to have a better chance of a sp increase it will be after that AR has been done.

 

Q: I currently only have a $1k limit, won't asking for $25k just get my request Flat out Denied or HP for sure because of the large request?

A: All data shows that Navy allows requests up to $25k without review IF your account is eligible so if you request just $5k and it's instantly granted than you have left CL available to you by not asking for the full $25k and getting the instant counter.

 

Q: I get a message "A CONDITION EXISTS ON MY ACCOUNT AND I NEED TO CALL" Does that mean a SP CLI is not available?

A: This is an INTERNET ERROR with Navy, it has nothing to do with your account being able to get a CLI or not... you need to use Firefox, Chrome, Clear cookies, Clear Browser history and close out and restart in one of those browsers and try again. DO NOT CALL!

 

Q: I have been thinking about a Second Navy Card OR I applied for a Second Navy Card but was declined?

A: Use to be easiest to ask through secure message to have some of your credit line from the first card MOVED to the 2nd card that you were just declined for to have it approved... sometimes you can call and have the request submitted also... If you are told no, try calling instead of secure message, or hang up and try again in a little bit... If a rep tells you no, they just don't know! Find the one that does know!

 

Q: How much of my current CL should I move to open the 2nd Card?

A: I'll use $25k as your current limit on your 1st card... Move $20k of your 1st card to open your 2nd card.

 

Q: Why would I move so much of my 1st Card to open the 2nd card?

A: (The secret is out but don't scream it out loud we don't want it to stop Smiley Tongue) Once you see your 1st card updated on your log in with the new reduced limit and the new 2nd card listed with the new limit you moved from your 1st card... Request a CLI on your 1st card back to the limit it had BEFORE you moved limit to open the 2nd card, it will instantly approve it!

 

Q: When should I apply for NAVCheck/Checking Line of Credit (Navy has changed the name I believe) and for how much?

A: 1. Join Navy. 2. Apply for a Credit Card. 3. Apply for NavCheck 4. ALWAYS ASK FOR $15k (Just like with Credit Cards, Navy will counter if not the full amount and you can't ever ask for to much, it's called a counter for a reason!)

 

Q: When should I apply for my 2nd Navy Card?

A: EITHER when you hit $25k on your first card within 6 months OR After you successfully get your first SP CLI (Usually 3-6 months in my opinion)

 

Q: I received NavCheck but not for the full $15k, When should I go back and ask for CLI to $15k again?

A: After you successfully get your first SP CLI on your 1st credit card (It was about 3 months after opening for me)

Fico Scores: EQ- 670., TU 710 Sync, EX 728 SoFi(05/04/15)
I'm just trying to catch up to RON1
95 Cards and Counting Smiley Tongue
Frequent Contributor
Posts: 390
Registered: ‎01-11-2013
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Re: Can we have "OFFICIAL NFCU CLI - HOW IT WORKS!"

I got two HP and no CLI at 3 months. Very hard not to try again.

9/2013: Fico EQ 676, EXP 686, Fico TU 686.
NFCU Flagship Sig. $14k..NFCU CashRwdsSig $14k..NFCU LOC $12.5k..USAA Amex 4k..AMEX Green NPSL..Discover IT $1.5k...BofA Cash Rewards123 $2.5k...Southwest Premier $2k..Chase Freedom $1.5k..CareCredit $3.5k..Cap1-$1.5k..HSBC $300...Lowes $1.5k...WalMart $1.5k...JCP $1k..Chevron $1.1k..Kays/Jerrod - $5k split. around 8% Util. Want to get in the 700's in 2013! Have three old paid charge offs. 15-20inq.. LAST APP 8/29/13
New Contributor
Posts: 155
Registered: ‎04-27-2013
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Re: Can we have "OFFICIAL NFCU CLI - HOW IT WORKS!"

I hope thats right Creditaddict, If not I will have like 20 hp's for all that instant. I will not ask for anything for another 5 years lmao...

Epic Contributor
Posts: 25,564
Registered: ‎10-23-2007
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Re: Can we have "OFFICIAL NFCU CLI - HOW IT WORKS!"


Alaskagurl wrote:

I hope thats right Creditaddict, If not I will have like 20 hp's for all that instant. I will not ask for anything for another 5 years lmao...


You are one of the latest that I hope confirms my thinking of just asking for $25k right out of the gate because you had to go back 10x and others have done this recently.

The only experience I have is on my partners card and he was at $25k and asking for $35 resulted in 3-5 day and a HP but was approved, so I don't know if that's a over $25k thing or if he just would have gotten the HP regardless.... I hope to soon be adding some more cards so I can test the theory more later possibly! haha but for now....

I think the other added note is Navy doesn't much seem to care about INQ, even if they do pull!

Fico Scores: EQ- 670., TU 710 Sync, EX 728 SoFi(05/04/15)
I'm just trying to catch up to RON1
95 Cards and Counting Smiley Tongue
Mega Contributor
Posts: 15,442
Registered: ‎04-09-2011

Re: Can we have "OFFICIAL NFCU CLI - HOW IT WORKS!"

Ya'll are so lucky to get NFCU, so jealous......Smiley Happy




Silver Spade Garden Club Member - Last App 12/16/13 - Looking for a clean slate NO INQ's / Diamond Inspired!
Starting Score:
EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
Current Score: EX FICO (PSECU) 671 (myFICO) N/A / EQ FICO 679 / TU08 FICO 678 / TU VS 706 3/6/2014
Valued Contributor
Posts: 1,507
Registered: ‎07-24-2011
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Re: Can we have "OFFICIAL NFCU CLI - HOW IT WORKS!"

My experience is this regarding the length of time open before sp's are used.

 

Opened 12/22 - $2K recon to $5K

Requested CLI 3/10 - HP $7.5K

Requested CLI 4/8   - SP  $10K

Requested CLI 4/24 - SP  $15K

Requested CLI 4/25 - SP  $20K

Requested CLI 4/27 - SP  $22K requested $25K and countered at $22K

 

So on 4/8 I might as well have requested the full $25K and I would have gotten the counter Smiley Surprised!

 


Major CC's - Barclay's ($5.5K) | Barclay's Sallie Mae MC ($5K) | DCU ($7.5K) | Discover IT ($1.4K) | Genisys Visa ($1.4K) | NFCU Visa ($22K) | Navcheck ($15K) | Chase Freedom ($5K) | SDFCU Visa ($8K) | Amex BCP ($9.5K) | Amex Delta ($10K) |Store CC's| -Amazon ($4K) | Catherines ($850) | JCP ($4K) | Macy's ($1.7K) | Avenue ($850) | Victoria's Secret ($1.4K) | Walmart ($4.1K) | Paypal SC ($1.3K) | HSN ($2.5) | Sears ($2.6K) | Sams Club ($4.1K) |Goal|: Age with grace to 750 across the board |Last app|: 3/3/2014
Valued Contributor
Posts: 1,546
Registered: ‎08-30-2012

Re: Can we have "OFFICIAL NFCU CLI - HOW IT WORKS!"

I support the making of this thread.


Starting Score: EQ 511 TU 552 EX 545 8/29/2012
Current Score: TU 712|EQ 695|EXP 723 (FICO)
Total credit $185,250; Util 14%
Goal Score: 700 across the board.
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Established Contributor
Posts: 803
Registered: ‎05-16-2012
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Re: Can we have "OFFICIAL NFCU CLI - HOW IT WORKS!"

Uggh I am still too scared to hit the button..lol Smiley Wink The success stories are killing me!!!

100% Ficos: EX 780 , TU 783, EQ 776 inquiries last 2 years/1 year/6 months: EX-0/0/0, TU-0/0/0, EQ-1/0/0~ last credit card app 6/24/13- New car loan 3/8/2014- Discover IT $12,500~Kohls $1000~Amex BCE $4000~ Walmart Discover $7500~NFCU Signature CashRewards $19,400~ Chase Freedom MC $6000~ Chase Amazon Visa $1900~ Cap 1/HSBC MC $3800~ Amazon Store $7000~ Fingerhut $1050
Established Contributor
Posts: 623
Registered: ‎01-04-2009
0

Re: Can we have "OFFICIAL NFCU CLI - HOW IT WORKS!"

I'd had strictly auto-CLIs from a starting limit of 5k up to 10.5K where it was currently.  Decided to give this a try - asked flat out for 25,000 and they countered with 12,500.  Soft pull.  I'll have to keep doing this every once in a while!  Thanks for the tip.

Established Contributor
Posts: 502
Registered: ‎04-17-2013

Re: Can we have "OFFICIAL NFCU CLI - HOW IT WORKS!"

@ creditaddict, thanks for putting this together for our fellow NFCU members.

2010: 475 EQ 2011: 503 EQ 2012: 600 EQ2013:632 EQ
Starting Score: 634 EQ-3/13/13
Current Score: 706 EQ-8/29/13 703 EX-7/12/13 705 TU-8/9/13
Goal Score: 700

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