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Contributor
Posts: 81
Registered: ‎07-16-2011
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Re: NFCU Questions

Thanks!

 

I'm kinda scared to apply for the LOC, even after he got the nice CL. 

 

 


Starting Score: Low 500's (2011)
Current Score:My Fico - 661
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Posts: 7,225
Registered: ‎09-16-2011
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Re: NFCU Questions

Dont be... NavCheck will grow over time, and if you never use it, there is no AA, nor will they decrease your LOC.  It can come in handy, definately.  It comes with its own checkbook so its just like writing a check...  I love my NavCheck


Starting Score: 08/29/2011 TU 671 EQ 674
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Posts: 7,225
Registered: ‎09-16-2011
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Re: NFCU Questions

It comes in handy when you want to use credit to pay for something, but you dont want to pay a "convenience fee"

 

it saves a lot of money for either you or the merchant to write a NavCheck vs swiping a card.

 

I got it to pay my contractor, who is a small business man... I didn't think it was fair for him to pay the 2.8% swipe fees on payments that were thousands of dollars


Starting Score: 08/29/2011 TU 671 EQ 674
Current Score: TU 754 EQ 694 EX 697
Wallet: NFCU Visa Sig 25k, Amex Lowes 22k, NavCheck 15k, Amex PRG, Amex Zync, Discover It 13.5k, Amazon Visa 5k
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Registered: ‎07-16-2011
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Re: NFCU Questions

[ Edited ]

That's a good point. 

 

I'll research a good starting amount to ask for. Should it be about my CC limit?

 

Edit: I'm saying my, or our a lot when it's my boyfriends. But we are joint on the checking/saving. And I am an AU on the CC. Plus I handle the money. 


Starting Score: Low 500's (2011)
Current Score:My Fico - 661
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Senior Contributor
Posts: 3,451
Registered: ‎11-30-2007
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Re: NFCU Questions

Webhopper, you are incorrect about NFCU not being inquiry sensitive.  I was just DECLINED for having too many inquiries @ 10 (and they were 3 of them). 

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Re: NFCU Questions


fishbjc wrote:

Webhopper, you are incorrect about NFCU not being inquiry sensitive.  I was just DECLINED for having too many inquiries @ 10 (and they were 3 of them). 


That's the first decline I've heard of with them.  I had over ten inquiries on each bureau when I apped for both the CC and the LOC... as well as an auto refinance and a new car loan.  I was offered a 22k line on the CC, 15k line on the LOC. 4.09% on the used car loan, and 1.79% on the new car loan...

 

In my experience, they didn't care about my inquiries, but my score is strong... 680+

 

maybe your score was borderline?


Starting Score: 08/29/2011 TU 671 EQ 674
Current Score: TU 754 EQ 694 EX 697
Wallet: NFCU Visa Sig 25k, Amex Lowes 22k, NavCheck 15k, Amex PRG, Amex Zync, Discover It 13.5k, Amazon Visa 5k
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Posts: 81
Registered: ‎07-16-2011
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Re: NFCU Questions

Want to add his approval came through a little after midnight. So not just normal business hours. 


Starting Score: Low 500's (2011)
Current Score:My Fico - 661
NFCU cashRewards 17.5k | NFCU GoRewards 14k |Fred Meyer Rewards Visa (USBank) 1k | Best Buy 2.8k | Walmart 1450 | Target 300 | Amazon 2.1k | CareCredit 2.6k | Macy's 1.5k | Macy's Furniture 3.5k | Lowe's 3k | Discover It 1.8k
Contributor
Posts: 81
Registered: ‎07-16-2011
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Re: NFCU Questions

Adding again in case anyone looks at this for information.

 

Received all the disclosure information, and pamphlets today. His FICO was 691 and they pulled TU. Still no card though. 


Starting Score: Low 500's (2011)
Current Score:My Fico - 661
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