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Established Contributor
MountainHiker
Posts: 651
Registered: ‎08-07-2012

BEST CREDIT UNIONS CARDS FOR OK CREDIT?

When I look at credit unions like NFCU, I can only dream about the high credit limits offered by them.On this day when I picked up my beautiful new car I think about how great it would be to add a credit card as well. So I'm thinking of a way to make this happen.What credit unions do you believe are willing to approve a person with B credit?B credit meaning a single unpaid collection but still have low 700 scores. NFCU is out of the running unless I can get my brother-inlaw to rejoin and then sign up my sister.Which non military credit unions would you recommend?

EQ-732FICO,EX-PLUS 740,TU-725FICO
Goal 750 Across

NFCU Signature Cash Rewards Visa, Chase Freedom Visa, Wells Fargo Visa Secured
Valued Contributor
j_casteel
Posts: 1,743
Registered: ‎06-21-2012

Re: BEST CREDIT UNIONS CARDS FOR OK CREDIT?


MountainHiker wrote:

When I look at credit unions like NFCU, I can only dream about the high credit limits offered by them.On this day when I picked up my beautiful new car I think about how great it would be to add a credit card as well. So I'm thinking of a way to make this happen.What credit unions do you believe are willing to approve a person with B credit?B credit meaning a single unpaid collection but still have low 700 scores. NFCU is out of the running unless I can get my brother-inlaw to rejoin and then sign up my sister.Which non military credit unions would you recommend?


Have you searched around locally?

| Walmart $5k | Amazon $5k | NFCU $19.5k | NavChek $15k | Lowes $15k | BoA WMC $8.1k | Freedom $3k | Discover $4k | CSP $5k |
Starting Score: EQ:571 EX:??? TU:597
Current Score: EQ:686 EX:709 TU:703
Goal Score: 700
across the board
Senior Contributor
bichonmom
Posts: 3,318
Registered: ‎05-05-2011

Re: BEST CREDIT UNIONS CARDS FOR OK CREDIT?


MountainHiker wrote:

When I look at credit unions like NFCU, I can only dream about the high credit limits offered by them.On this day when I picked up my beautiful new car I think about how great it would be to add a credit card as well. So I'm thinking of a way to make this happen.What credit unions do you believe are willing to approve a person with B credit?B credit meaning a single unpaid collection but still have low 700 scores. NFCU is out of the running unless I can get my brother-inlaw to rejoin and then sign up my sister.Which non military credit unions would you recommend?


I would totally bribe your brother in law to join. If for some reason he doesn't want to be a member, he can always close his acct after you join.

 

Aside from that, have you tried to PFD your CA? If you have the funds to pay, that would be the best way to go, depending on how old it is. If you have less than a year left on it, then you could wait it out. Paying without PFD doesn't really help because FICO is the same for paid and unpaid CAs.


There are other things to consider for approval: How old is your oldest open acct? How many CCs do you have? What is your util? How many inq do you have? What's your DTI ratio? What's your AAoA?

 

You don't need to answer those here. I'm just pointing out that CCs look at many factors besides your FICO and one CA. You might still be able to get some decent CCs with the CA; though you'll do much better with it off your CR.

 

You could try some local CUs. Call and talk with their loan officer. Explain your situation, and see who is willing to work with you. Some CUs are more conservative than others, so you just need to talk to them and feel them out.

 

 

 

~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*
EQ FICO 750 | TU FICO 761 (Walmart) | EX FAKO 767 | Goal: 800+

Edits, funky spacing and spelling due to my iPad not getting along with the forum editor!

Valued Contributor
rootpooty
Posts: 1,716
Registered: ‎10-28-2011

Re: BEST CREDIT UNIONS CARDS FOR OK CREDIT?

OP im guessing that collection must be fairly old for you to be 700 scores?  did your inlaw burn nfcu or what was the reason he is no longer a member?  as mentioned i would do just about anything to get him to rejoin lol.

NFCU plat 5k | NAVCHECK 5k | NFCU cashrewards 3k | BOFA 123 3k |
Chase Freedom 1.5k | Amazon 1800 | Walmart 1450 | Buckle 300

On the prowl for Chase Sapphire Preferred!
Established Contributor
MountainHiker
Posts: 651
Registered: ‎08-07-2012

Re: BEST CREDIT UNIONS CARDS FOR OK CREDIT?


rootpooty wrote:

OP im guessing that collection must be fairly old for you to be 700 scores?  did your inlaw burn nfcu or what was the reason he is no longer a member?  as mentioned i would do just about anything to get him to rejoin lol.


I'm amazed that my scores have risen so high in the last six months.I was in the basement and now I'm looking over the top stairs viewing what the penthouse might be like.If this collection wasn't on my file I would allready have CitiBank platinum in my wallet, and the Citibank credit recon told me as much over the phone.I have tried to do a pay and delete and the collection agency refused my offer to pay off the debt in full.It's a old cell phone bill with T-Mobile that falls off in six months at the seven year mark, never to be seen again, and I will then pay it off, but for the original debt amount.Right now they could get the initial amount plus fees and interest. I was thinking that a credit union might be a great way to get a new card with a decent limit despite my one collection. But not sure which one to pick from.I'm in central florida and there must be a few credit unions that work with customers with ok credit? I need the help of the MYFICO CREDIT EXPERTS TO GUIDE ME!!

EQ-732FICO,EX-PLUS 740,TU-725FICO
Goal 750 Across

NFCU Signature Cash Rewards Visa, Chase Freedom Visa, Wells Fargo Visa Secured
Established Contributor
MountainHiker
Posts: 651
Registered: ‎08-07-2012

Re: BEST CREDIT UNIONS CARDS FOR OK CREDIT?


bichonmom wrote:

MountainHiker wrote:

When I look at credit unions like NFCU, I can only dream about the high credit limits offered by them.On this day when I picked up my beautiful new car I think about how great it would be to add a credit card as well. So I'm thinking of a way to make this happen.What credit unions do you believe are willing to approve a person with B credit?B credit meaning a single unpaid collection but still have low 700 scores. NFCU is out of the running unless I can get my brother-inlaw to rejoin and then sign up my sister.Which non military credit unions would you recommend?


I would totally bribe your brother in law to join. If for some reason he doesn't want to be a member, he can always close his acct after you join.

 

Aside from that, have you tried to PFD your CA? If you have the funds to pay, that would be the best way to go, depending on how old it is. If you have less than a year left on it, then you could wait it out. Paying without PFD doesn't really help because FICO is the same for paid and unpaid CAs.


There are other things to consider for approval: How old is your oldest open acct? How many CCs do you have? What is your util? How many inq do you have? What's your DTI ratio? What's your AAoA?

 

You don't need to answer those here. I'm just pointing out that CCs look at many factors besides your FICO and one CA. You might still be able to get some decent CCs with the CA; though you'll do much better with it off your CR.

 

You could try some local CUs. Call and talk with their loan officer. Explain your situation, and see who is willing to work with you. Some CUs are more conservative than others, so you just need to talk to them and feel them out.

 

 

 


Would like to get my bro inlaw to rejoin NFCU but I don't want to be too pushy. I've noticed they give awsome credit limits:smileytongue:,but if they are not a possibility there still must be other options for we that must not be spoken about.You know,those with a unpaid collection.

EQ-732FICO,EX-PLUS 740,TU-725FICO
Goal 750 Across

NFCU Signature Cash Rewards Visa, Chase Freedom Visa, Wells Fargo Visa Secured

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