Alliant Credit Union TIPS - APP & FICO Survey Results

[Anonymous]

1.  what your EQ FICO score at time of app

     Non-existant FICO score, see below

2.  what was your AAoA and age of oldest account

     4 months and 4 months

3.  what was your highest CL at time of app

     $750

4.  any EQ derogs at time of app

      None

5.  what instant offers you received online

      Checking account offer only (lack of credit history I suppose)

6.  what instant Credit Limit & APR did you get

      See above.

7.  what credit did you receive through LO if no preapprovals
      N/A

8.  what verification or docs were required

       Just had to sign signature card and send it in.

9.  Comment you think helpful

      They pulled my Equifax report (I subscribe to equifax's credit report monitoring deal).  They also put down the initial $5 dollars for my savings account.  I declined the free checking account offer, but depending on how things pan out with WaMu switching to Chase and how comfortable I feel with Alliant, I may open up a checking account with Alliant.

[wndrwmn78]

When you app for a Visa with Alliant, do you have the option to decline an approval or counter-offer before the credit account is final and open? Thanks!

[Anonymous]

I dont know if it was like this for everyone, but I was able to decline a offer before the account was opened.

[BungalowMo]

OK...I have a ??

They say to join you have to be a member of a "qualifying organization"..I am a member (I suppose) of AFLAC (I pay them $$ every month to have benefits).  AFLAC is on their list but when I tried to go thru the motions to sign up...I get to the drop down menu for the "org's"...NO AFLAC!  

So what's the deal?  Do you have to live in Chicago or something????

[Anonymous]

Easiest Alliant qualification is PTA (Parent Teacher Association) either local or national.  If you have kids and joined your local PTA, you are all ready qualified.  Otherwise, go to www.pta.org and join....you can then join Alliant.

[BungalowMo]

No kids...just cats! 

[Anonymous]

Mo,

You are not alone on that one. I work for Cendant which is clearly listed as an qualifying organization,but it was not on the drop down. I actually called it in.

[Anonymous]

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@BungalowMo wrote:
No kids...just cats! 

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You don't have to have kids to join PTA.  I just mentioned that if you happened to all ready belong to the local PTA, you all ready qualify without anything else.

Anyone can go to www.pta.org and join.

As for the other organizations, it may require verification or something or the manual call in.  But if you select PTA, you can do the online app and see if they give any preapproval offers.  If you call in or manual app in, then no offers, you have to apply and get another hard inq.

[Camilion]

If i might ask what would you guys say is the minimum eq score...length of history...uti...inq...etc you should have in order to have a decent shot at the offers??..I'm just afraid to risk the inq on a (finally) 0 inq report

[BungalowMo]

I wouldn't stress over the inq.  I've had 2 on my EQ in the last couple months & my score has only gone up & the inq aren't posting as a neg on my fico score pages.

Inq are all part of building your credit.