Credit Card Center Advertiser Disclosure

Reply
New Member
Posts: 11
Registered: ‎10-11-2017
0 Kudos

What is up with NAVY giving low CL CC these days?

I told a friend about Navy.  They signed up and applied for a Rewards card.  He only got approved for a $4500 limit.  This is the LOWEST limit card he has!  His UTI is blow 10% and his FICO 8 score pulled is a 789!  WTFlip??

 

He's not the only person....  I am shocked.. does anyone know what is going on with them?

Established Contributor
Posts: 716
Registered: ‎01-24-2008
0 Kudos

Re: What is up with NAVY giving low CL CC these days?

Yes many low limits lately I think it’s game over
New Member
Posts: 11
Registered: ‎10-11-2017
0 Kudos

Re: What is up with NAVY giving low CL CC these days?

I see that.  I will not send people there for high limits!

 

I am trying to find a new CU that will give hight limits.  Any suggestions?

Super Contributor
Posts: 14,067
Registered: ‎01-04-2014

Re: What is up with NAVY giving low CL CC these days?

[ Edited ]

That's not a big deal.

 

I felt the same with groups of 20K lines plus, low % Util. Low INQ's etc and i only got approved at first with 3K.

 

Was about to throw in the towel and move on but at 90+ days AR the silly thing shot up to 15K.

 

After that it soared straight up to max.

 

With some approvals like that you just have to go with it because they ALWAYS seem to make up the difference to expectations eventually Smiley Wink

Last App-Jan 26* It's All In The Magic Of Your Own Destiny * FICO TU 769 EQ 723 EX 777
Valued Contributor
Posts: 2,457
Registered: ‎03-28-2017
0 Kudos

Re: What is up with NAVY giving low CL CC these days?

Did you post 4 different nearly identical threads today?  The name and topic seems familiar.

 

If so, no need to do that, it's extra confusing.

FICO8 3/17 550EX, 570TU, 559EQ
FICO8 10/17 710EX, 693TU, 734EQ -- almost 700 club!
Gardening since Aug 7, 17
New Member
Posts: 11
Registered: ‎10-11-2017

Re: What is up with NAVY giving low CL CC these days?

I didn't try to post the same or similiar post.  When I am new to the board.  When I posted.  I got an error message so I tried to post another time.  That's why.  Sorry for the confusion.. Smiley Sad

Frequent Contributor
Posts: 486
Registered: ‎05-06-2017

Re: What is up with NAVY giving low CL CC these days?

[ Edited ]

NFCU it like a new girlfriend..(Mod Cut-Narrative not necessary). Think more eHarmony than Tinder. 

Starting Scores 03/17/2017 EQ 491 TU 495 EX465 Currently 10/14/2017 EQ 569 TU 562 EX 546

$300 Open Sky/ $2K NFCU CashRewards/$5.1K NFCU Flagship Rewards
Senior Contributor
Posts: 9,380
Registered: ‎04-23-2016

Re: What is up with NAVY giving low CL CC these days?

Lol SandmanSmiley Happy You are coming along nicelySmiley Wink.


If Navy is slacking from the right out the bat 25k limits recently could be the recent trends of defaults throughout the cc industry. However, its extremely hard to find any lender who treats peoples credit better after only a 3 or 4 month getting to know me period. That $4500 could easily become 20k in one cli request or more( or less). Point is Navy is more than worth a couple months , even 6, to wait. Heck within a few months you could have 2 different cards that both have same potential. I would continue to highly recommend just be sure to let them know sometimes the bread neast yeastSmiley Wink
Valued Contributor
Posts: 1,474
Registered: ‎01-09-2015

Re: What is up with NAVY giving low CL CC these days?

I got my card from NFCU less than a year ago I beieve and they started me at $6500, which is definitely on the lower end; however after a few months they increased to over $20k, so maybe they want to get to know you a little better.

 

I was always really surprised by the high limits they handed out to people with low or iffy credit.  I think the potential is still there, but maybe you need to wait a few cycles.

Established Contributor
Posts: 970
Registered: ‎09-28-2016

Re: What is up with NAVY giving low CL CC these days?


Shelia141 wrote:

I didn't try to post the same or similiar post.  When I am new to the board.  When I posted.  I got an error message so I tried to post another time.  That's why.  Sorry for the confusion.. Smiley Sad


No need to apologize. This has happened to me a few times, where I have made the same post because I didn't think the other had posted.  We're just glad you're here on the forums. 

 

And like others have said, NFCU credit llimits can grow exponentially. My own card started at $5,500 and then increased to $14,500 after three months. And that is with relatively low income to most here. So, your friend's card can grow if he waits it out. 



Hover mouse over cards for Credit Limit and APR info.

Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.

† Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
‡ Credit cards for FICO Score ranges: The score ranges are guidelines based on internal myFICO analysis of actual applicant approvals, and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range. These ranges were not provided by any card issuer.

* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.