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Valued Contributor
Posts: 2,829
Registered: ‎03-14-2012
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Re: Huge Approval from Navy Federal!

Very Very NICE!! Congratulations!!



Starting Score: 639 (Walmart TU)
Current Score: TU 715 (Barclay) EX 685 (myFICO) EQ 697 (myFICO)
Goal Score: 700 Across the Board (Mortgage Goal Achieved 1/31/2012!)

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Valued Contributor
Posts: 3,099
Registered: ‎10-02-2012
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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:23    


     $17k       $8.5K          Closed          $19k      $6.5k        $24.2k        Closed         $5k       Closed     $8.5k        Closed      @2.49%
Regular Contributor
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Re: Huge Approval from Navy Federal!

Great job 

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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- 670., TU 705 Sync, EX 728 SoFi(05/04/15)
I'm just trying to catch up to RON1
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Posts: 339
Registered: ‎01-16-2013
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Re: Huge Approval from Navy Federal!

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


Starting Scores: myFICO EQ: 678, myFICO TU: 676, myFICO EX: 678 (01/2013)
Latest Scores: myFICO EQ: 777, myFICO TU: 789, myFICO EX: 787
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Frequent Contributor
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Re: Huge Approval from Navy Federal!

Congrats!!!

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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*
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Posts: 8
Registered: ‎12-16-2012
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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
Posts: 1,922
Registered: ‎06-21-2012
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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 $20k | NLOC $15k | Lowes $17k | BoA $15k | Freedom $3k | IT $5.25k | CSP $5k | Marriott $5k | AMEX TE $18k | Alaska $5k |
Starting Scores: EQ:571 EX:??? TU:597
Current Scores: EQ:694 EX:714 TU:711
Goal Scores: 700
across the board
Member
Posts: 8
Registered: ‎12-16-2012
0

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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