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Frequent Contributor
Posts: 309
Registered: ‎04-07-2008

Local CU is great!! 1k cli and more! UPDATED more surprises!

[ Edited ]

Sorry for the long post. 

 

I just called today to ask how long an account needs to be open in order to be eligible for a CLI. They said you can ask for a CLI at any time. So I asked for one. The rep took some info and said a loan officer will call you back in an hour.

 

30 min later I get a call. How much do you want? I said at least 1k. She said sure you can have 1k for a total of 1.5k.

 

Then she said your interest rate isn't going to be the same. I thought oh oh, its already at 18.99 are they going to raise it?

 

She said your new interest rate is 10.99%, and if you get your combined balances on your accounts to $10,000 or more you'll get an additional 2% discount.

 

It was a hard pull from EX though, I don't know when they switched from EQ. So I asked that since they pulled EX and I can no longer get my FICO score could she let me know what it was, she said sure its at 691. No change.

 

So i killed 3 birds for the price of one inq!

Message Edited by ralbusta on 02-27-2009 11:09 AM
Senior Contributor
Posts: 3,614
Registered: ‎01-10-2008
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Re: Local CU is great!! 1k cli and more!

congrats, that's terrific! 
FICOS:
06/13 EX 765 (PSECU) EQ 771 (DCU) TU 779 (Barclays)
Contributor
Posts: 94
Registered: ‎02-02-2009
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Re: Local CU is great!! 1k cli and more!

wow, congrats. What's the name of the CU?
---------------
In 1900, if a father put a roof over his family's head, he was a success.
Today, it takes a roof, deck, pool, and 4-car garage. And that's just the vacation home.
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Senior Contributor
Posts: 3,279
Registered: ‎08-03-2007
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Re: Local CU is great!! 1k cli and more!

Congrats on the CLI and drastically decreased APR!
Here we go again...
Frequent Contributor
Posts: 309
Registered: ‎04-07-2008
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Re: Local CU is great!! 1k cli and more!

[ Edited ]

Thanks everyone! That APR reduction really surprised me.

 

The CU's name is FirstLight Federal CU, its local to my area. I'm really happy with them!

 

I may hit them up for a mortgage in the fall, that account would qualify me for the extra 2% discount also!

Message Edited by ralbusta on 02-26-2009 12:12 PM
Epic Contributor
Posts: 23,341
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Re: Local CU is great!! 1k cli and more!

that's a great increase if you were only at 500, but with an almost 700 score, why not more?!
Fico Scores: EQ- 668 DCU., TU 704 Best Buy, EX 700 Chase (2/5/15)
You will have to put up Electric Fence to keep me in the garden!
Highest Limit: Navy Federal Cash Sigi Visa $50k (AU)
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[ Edited ]

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Frequent Contributor
Posts: 309
Registered: ‎04-07-2008
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Re: Local CU is great!! 1k cli and more!


Creditaddict wrote:
that's a great increase if you were only at 500, but with an almost 700 score, why not more?!

 

I only asked for 1k, I probabaly could have got more.  I didn't want to push my luck, the account has only been open 3 months.
Frequent Contributor
Posts: 309
Registered: ‎04-07-2008
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Re: Local CU is great!! 1k cli and more!

Wow!! I logged in to my online banking and saw my new credit limit: $2k!!!!

 

Not the $1500 I expected, hope its not a mistake and it sticks!:smileyvery-happy:

Senior Contributor
Posts: 3,279
Registered: ‎08-03-2007
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Re: Local CU is great!! 1k cli and more!


ralbusta wrote:

Wow!! I logged in to my online banking and saw my new credit limit: $2k!!!!

 

Not the $1500 I expected, hope its not a mistake and it sticks!:smileyvery-happy:


Double congrats!

Here we go again...

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