Reply
Established Member
jayzbel2
Posts: 11
Registered: ‎05-03-2009
0

Re: Introduction and Advice Needed - NFCU

[ Edited ]

Thanks Scarlet,

 

We've been with USAA for 3 years, never really looked at anything but banking,and all our insurance (car insurance can't be beat anywhere else.)

 

I will research their cards, thanks for the recs.

 

Checked on the auto loan today, they asked us if we are approved would we want to check mailed or picked up at a local credit union.  I don't want to get my hopes up too soon. Its been 6 days since we applied, figured we would have an answer by now. They also said they verified income but the number I created in The Work Number still shows as unused.  On, this is so nerve wracking! 

Message Edited by jayzbel2 on 05-06-2009 04:39 PM
Established Member
jayzbel2
Posts: 11
Registered: ‎05-03-2009
0

Re: Introduction and Advice Needed - NFCU

We were approved for the car loan!! Yah!!!!!!!  DH is going to pick up the check right now downtown.  Plus we managed to talk the price down on the truck we are buying (a Land Rover!)  which means an even lower monthly payment.  I am so happy I could do a dance around the neighborhood!
Senior Contributor
txjohn
Posts: 4,214
Registered: ‎09-12-2008
0

Re: Introduction and Advice Needed - NFCU


jayzbel2 wrote:
We were approved for the car loan!! Yah!!!!!!!  DH is going to pick up the check right now downtown.  Plus we managed to talk the price down on the truck we are buying (a Land Rover!)  which means an even lower monthly payment.  I am so happy I could do a dance around the neighborhood!

CONGRATS!

 

dancing frogs

Credit Scoring 101 - Tuscani   *  Guide to Common Abbreviations
Frequently Requested Threads * FICO High Achievers  *  FICO Score Estimator


09/03/2009 TU: 777, EQ: 776 ($8 balance on an account dropped me out of 780's)
03/28/2009 TU: 814, EQ: 810, EX: 781 (02/12/2009)
05/18/2005 TU: 563, EQ: 580, EX: 549
Regular Contributor
recoverychick
Posts: 113
Registered: ‎10-21-2007
0

Re: Introduction and Advice Needed - NFCU

Hi.  You may want to go ahead and try for the soft pull after you check you EQ score.  My starting limit was 10K 6 months ago.  A couple of days ago, I decided to ask for an increase to offset any potential CLDs.  I asked for 5K (since you have to ask for something).  They came back with 10K and raised me to 20K.  It stopped at the soft pull with an EQ at 702 and positive payment history.

 

Good luck:smileyhappy:

Established Contributor
Itsmeagain
Posts: 832
Registered: ‎01-16-2008
0

Re: Introduction and Advice Needed - NFCU


txjohn wrote:


CONGRATS!

 

dancing frogs


Ah HA!! . . . I think I finally understand "BUCKETING" . . . . thanks Tx . . . :smileytongue:


Starting Score: TU 737 EQ 721
Current Score: TU 741 EQ 741
Goal Score: TU 765 EQ 760


Take the FICO Fitness Challenge
Senior Contributor
txjohn
Posts: 4,214
Registered: ‎09-12-2008
0

Re: Introduction and Advice Needed - NFCU


Lady_Scarlet wrote:

NFCU's Cash Rewards is issued at a 1% higher rate than their Platinum card (no rewards).  It is a good card if you never ever carry a balance for any extended period of time.  I have Pat versions of both the MC and Visa (was going for rate)

 

USAA (if you are eligable) does have rewards cards (choice of points or cash - I took points) and gave me a better rate by 2% than NFCU. The limits aren't as high on each card but still generous (10K vs 14K).

 

When speaking with NFCU last week - the rep told me that at 13 months there is automatic review for a rate decrease - and at 12 months  a CL review.  One is eligable after 6 months but it is a hard if it goes to committee and their is no way to stop the process (I personlly did not want to risk another INQ - so I declined) and he was somewhat 'surprised' by my starting limits and thought it would be declined.

 

HTH

 

Scarlet


My Cash Rewards was issued at 6.3% over prime (approved today) at $25k CL

Credit Scoring 101 - Tuscani   *  Guide to Common Abbreviations
Frequently Requested Threads * FICO High Achievers  *  FICO Score Estimator


09/03/2009 TU: 777, EQ: 776 ($8 balance on an account dropped me out of 780's)
03/28/2009 TU: 814, EQ: 810, EX: 781 (02/12/2009)
05/18/2005 TU: 563, EQ: 580, EX: 549
Established Contributor
Itsmeagain
Posts: 832
Registered: ‎01-16-2008
0

Re: Introduction and Advice Needed - NFCU

AWSOME!!! . . . . now you can fill up your 727 and MY 747 . . . with . . . . you guess it . . . NAVFUEL!! . . :smileyhappy:

Starting Score: TU 737 EQ 721
Current Score: TU 741 EQ 741
Goal Score: TU 765 EQ 760


Take the FICO Fitness Challenge
Valued Contributor
bunnyrabbit
Posts: 1,413
Registered: ‎01-20-2008
0

Re: Introduction and Advice Needed - NFCU


txjohn wrote:

Lady_Scarlet wrote:

NFCU's Cash Rewards is issued at a 1% higher rate than their Platinum card (no rewards).  It is a good card if you never ever carry a balance for any extended period of time.  I have Pat versions of both the MC and Visa (was going for rate)

 

USAA (if you are eligable) does have rewards cards (choice of points or cash - I took points) and gave me a better rate by 2% than NFCU. The limits aren't as high on each card but still generous (10K vs 14K).

 

When speaking with NFCU last week - the rep told me that at 13 months there is automatic review for a rate decrease - and at 12 months  a CL review.  One is eligable after 6 months but it is a hard if it goes to committee and their is no way to stop the process (I personlly did not want to risk another INQ - so I declined) and he was somewhat 'surprised' by my starting limits and thought it would be declined.

 

HTH

 

Scarlet


My Cash Rewards was issued at 6.3% over prime (approved today) at $25k CL


 

 

Congratulations txjohn!     Good for you!!

The Cash Rewards APR is Flex, not Fix like nRewards.  So there is no such as " NFCU's Cash Rewards is issued at a 1% higher rate than their Platinum card" 

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
It's very tough with small income ~ The Rewards are big little helper to me.
Established Member
jayzbel2
Posts: 11
Registered: ‎05-03-2009
0

Re: Introduction and Advice Needed - NFCU

[ Edited ]
Haha, thanks for the dancing frogs!  Its been a wonderful day riding in the new wheels.  A few days ago I sent in an app via snail mail for a NAV LOC, and a few of the cards (only asked for $4500 on the NAV LOC though.)  But that will do for now. 
Message Edited by jayzbel2 on 05-07-2009 09:01 PM

myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+