Credit Cards

[Way]

I see a lot of questions / discussion about Navy Federal and wanted to post my experience for others with similar profiles.  I just joined Navy Federal on Monday and applied for an unsecured card on Tuesday.  I initially received the 3-5 day response and, just hoping it would help, faxed verification of employment/income (6 years / 60K) to a number I found on these forums.  My expectation was to be denied and use my savings to open a $1000 secured line.  On Wednesday I got a message that additional information was needed and I called into to verify identity by answering a few questions.  This morning around 10AM I get a text that my card request was approved!  I called and they gave me a $1500 credit line to start.

I have a score somewhere between 580 and 600 - at least according to multiple FAKO's.  I have between 5 and 11 inquiries depending on the bureau pulled.  I have two charge offs from 2006, two collections for those same credit lines, and a couple of small medical collections depending upon the report pulled.  All are completely paid, but I've not had any luck getting them removed.  I have an auto loan with 6 months of perfect payment history and a Cap One $700 secured with 6 months of perfect pay history.  I was at 29% utilization when I apped with Navy.

I haven't posted in some time, but I read every day.  I have been working hard on my credit since March of this year and it's a fantastic feeling to have an unsecured line.  Mostly, I just wanted to say what a ton of folks have said before me.  Navy Fed is awesome.  They are very considerate.  If they approved apps based on score alone, I wouldn't be approved.  I truly believe somebody took the time to see that all of my old lines are paid and my new lines are in good shape.  I would recommend NFCU to anyone that can find a way to open an account.

And thanks to everyone in this community that shares information daily.  This site has been key in my credit journey so far.

[improvingmycredit]

Congrats on your approval!  Loving NFCU!  

[jordanmedical]

Congrats! You should get a letter in the mail from NFCU stating your score and how it was used to determing your CC APR. It'll either be your EQ or TU FICO b/c those are the CRs they pull.

[MsLadyRover]

CONGRATULATIONS!  Welcome the the NFCU Family!

[arredondo3419]

congrats I just got approved yesterday with no credit history at all first credit card ever 500 $ its great for me at this point

[A_Madel]

Enjoy your new card! Congrats

[Sweets8E]

Congrats to you! Navy Federal is an awesome credit union, and once you're in and you take care of them, they will take care of you. I've been a member since 2001 and I have to say, they are wonderful! They gave me my first credit card over $1300 and it's been great since. 

[webhopper]

Congratulations nfcu rocks

[beautybrainsbooty]

Congratulations! I am waiting for identificaton verification and my next step is to apply. I have heard nothing but positives about them. CONGRATULATIONS!!!!

[Way]

Following up to add additional info.  I was approved on 8/30 and got my card on 9/7.  Pretty quick turnaround.  Additionally, I received my credit notification letter today.  They pulled Transunion and my score was 618.