NFCU Navcheck aka (Overdraft Protection). How does it report??

[MidnightJester]

I am planning on getting the NAVCHECK/Overdraft protection in the future. For all 15k I hope Once approved how does it report on your CRA?? Does it only report once you actually start usuing it?? Does it apply to overall utilization like another revolving Line of credit?? Anyother tidbits about the NAvcheck?? Thanks

[avggoal700]

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@MidnightJester wrote:

I am planning on getting the NAVCHECK/Overdraft protection in the future. For all 15k I hope Once approved how does it report on your CRA?? Does it only report once you actually start usuing it?? Does it apply to overall utilization like another revolving Line of credit?? Anyother tidbits about the NAvcheck?? Thanks

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Mine affects my utilization on all 3 reports And reported when i had zero bal.  I'll let someone with more knowledge fill in rest.

[MidnightJester]

For it to report with a zero balance it must report like another Credit card TL I would think.

Did it effect your Utilization in a positive(lowered util) or a negative(util went up)?? As a Credit Card TL I would think your Util would go down.

[avggoal700]

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@MidnightJester wrote:

For it to report with a zero balance it must report like another Credit card TL I would think.

Did it effect your Utilization in a positive(lowered util) or a negative(util went up)?? As a Credit Card TL I would think your Util would go down.

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It affects mine just like a cc, in a positive way.  Lowered my overall utilization. 

[navajomyst2003]

I thought it would show up like an installment loan.  I have one but haven't used it yet. I have another personal line of credit with Wells Fargo and it shows up like a sort of loan lumped in "other".

[j_casteel]

Reports as a LOC. It basically reports your limit, balance, etc and effects your uti just as if it were a CC.