NFCU Approval

[definite2]

Okay will do.  Thanks so much dodfire!!!

[dodfire]

No problem.... Hopefully in 6 months you will be giving us an update....with a NFCU limit of 10x what you have now!!

[shols44]

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@definite2 wrote:

I have been working on my credit for some years now.  I have had the NFCU Secured Card for almost 2 years.  I decided after reading on these boards to apply for the CashRewards......

"Congratulations! Based on your creditworthiness, you have been approved for a Signature cashRewards Visa credit card. Your new credit line will be $500.00. Your APR will be prime plus 12.4%. You should receive your new card(s) in 7-10 normal mail delivery days."

As I am sooo grateful I was approved, since I thought I would be denied, I was hoping for a high CL. 

I currently have the following with NFCU:

1.  Checking

2.  Savings

3.  Money Market Savings

4.  NFCU nRewards Secured ($500 CL)

Salary: 85k

Should I do a recon? If so, anyone have the back door number?  Should I wait a few months and request a CLI?

3/4/2013 EX (Plus Score): 599 / EQ: 611 / TU (Walmart): 662

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I would recon instantly. You have already taking the HP. Send a secure message via the website saying "Great to have the cards, thank you blah blah, but I was hoping for a starting limit of 1500". Wait a 24hrs for the reply. Worst answer is NO. 

Did you treat your secured card well with them? If so, I say send the message and see what happens. 

[Scupra]

I had a similar situation.. I applied for the cashRewards card and was approved for $500. I sent a secure message right away explaing how I appreciated being approved and that they are the best credit union etc but I was hoping to start with a $1k limit. Next day I received a message that stated my limit has been raised to $1k. Cant hurt! I wasn't brave enough to ask for 3x original limit though.

[definite2]

I did exactly what you said and was raised to $1500!!!!  Thanks for the advice... I was so nervous but it paid off.  I will continue to work on my credit in the hopes of receiving a higher CL later.  Additionally, I submitted my Compensation statement of Salary as well as VA disability statements of benefits, which i suppose reinforced my recon.

I LOVE NFCU!!!