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Valued Contributor
Duncanrr
Posts: 2,519
Registered: ‎06-08-2012

NFCU min payment

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‎12-07-2012 10:59 AM

I ran 4.5k on card and paid 2.3k off before statement cut leaving 2.1k reported. My statement says I don't have a min payment. Is thus because of the large payment I made 3 days before statement cut?


Starting Score: EQ 551 TU 548 CK 607on 6/8/12, EX 542(AMEX pull 3/4/12)
Current Score: EQ 678 TU 702 (Amex pull) EX 724 (Amex) CK 682 (FAKO-EX 684, EQ 684, TU 684)
Goal Score: 750
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Regular Contributor
indecison
Posts: 226
Registered: ‎05-24-2012

Re: NFCU min payment

[ Edited ]
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‎12-07-2012 11:06 AM - edited ‎12-07-2012 11:07 AM

I have done similar as you did over the last couple statements and got the same result of no minimum payment. So I would assume they count your payments as your making your minimum already.

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Valued Contributor
Duncanrr
Posts: 2,519
Registered: ‎06-08-2012

Re: NFCU min payment

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‎12-07-2012 11:09 AM

Yet another reason to love NFCU :smileywink:


Starting Score: EQ 551 TU 548 CK 607on 6/8/12, EX 542(AMEX pull 3/4/12)
Current Score: EQ 678 TU 702 (Amex pull) EX 724 (Amex) CK 682 (FAKO-EX 684, EQ 684, TU 684)
Goal Score: 750
Take the FICO Fitness Challenge
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webhopper
Posts: 7,051
Registered: ‎09-16-2011

Re: NFCU min payment

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‎12-07-2012 11:11 AM

I pay NFCU every few weeks, as a result, my credit card and LOC with them never show a "minumum payment" due. Its nice :smileyhappy:
Starting Score: 08/29/2011 TU 671 EQ 674
Current Score (myFico + Amex): April 2013 TU 754 EQ 694 EX 694
Wallet: NFCU Visa Sig 25k, Amex Lowes 22k, NavCheck 15k, Amex PRG, Amex Zync, Discover It 13.5k, Amazon Visa 5k
Silver Spade Garden Club Member: App Free since 1/1/13. No more apps til 2014
MyFICO Fitness Goal: 800s Club!


Take the myFICO Fitness Challenge
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Established Contributor
LesWH
Posts: 603
Registered: ‎10-11-2012

Re: NFCU min payment

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‎12-07-2012 11:25 AM

Duncanrr wrote:
I ran 4.5k on card and paid 2.3k off before statement cut leaving 2.1k reported. My statement says I don't have a min payment. Is thus because of the large payment I made 3 days before statement cut?

That happened to me and I asked about it and was told since I paid so much more than the minimum payment due, no payment was due the following month. Gotta love NFCU!!


NFCU Signature Visa Cash Rewards, NavChek, Citi AA AMEX, Cap1 Cash Rewards, Discover IT, Home Depot, Sears, Walmart, Chase Freedom, AMEX Green, Lowe's, AMEX BCE, Chase Sapphire Preferred, AMEX Hilton Honors Surpass, PayPal Extras MC, PenFed Platinum Cash Rewards, AMEX Platinum

GC Challenge: App Free since 1/8/13. No more apps til 2014






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Valued Contributor
john398
Posts: 2,453
Registered: ‎01-19-2009

Re: NFCU min payment

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‎12-07-2012 12:12 PM

My credit union handles it the same way, got to love CU

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Established Contributor
distantarray
Posts: 2,112
Registered: ‎09-25-2011

Re: NFCU min payment

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‎12-07-2012 12:24 PM

NICE this should factor nicely into credit / debt / income ratio on your reports =) 


total credit limits $108,400 Credit scores Ex 728 EQ 738 TU 758
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EandK23
Posts: 171
Registered: ‎09-12-2012

Re: NFCU min payment

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‎12-07-2012 01:30 PM

You guys are making it very tempting to become a member of NFCU.

Starting Score: 632 (TU) 02/2011
Current Score: TU08: 743 (12/12) EX: 742 (Amex Pull) 09/2012
Goal Score: 780

Take the FICO Fitness Challenge

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webhopper
Posts: 7,051
Registered: ‎09-16-2011

Re: NFCU min payment

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‎12-07-2012 01:37 PM

EandK23 wrote:
You guys are making it very tempting to become a member of NFCU.

If you are eligible, there is Absolutely no reason NOT to become a member.   Your wallet and financial life will thank you for the rest of your life (unless you screw them over)!!!

Starting Score: 08/29/2011 TU 671 EQ 674
Current Score (myFico + Amex): April 2013 TU 754 EQ 694 EX 694
Wallet: NFCU Visa Sig 25k, Amex Lowes 22k, NavCheck 15k, Amex PRG, Amex Zync, Discover It 13.5k, Amazon Visa 5k
Silver Spade Garden Club Member: App Free since 1/1/13. No more apps til 2014
MyFICO Fitness Goal: 800s Club!


Take the myFICO Fitness Challenge
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Established Contributor
distantarray
Posts: 2,112
Registered: ‎09-25-2011

Re: NFCU min payment

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‎12-07-2012 01:53 PM

I will never screw over USAA, Navy Federal, Amex, Chase anyone else I could careless =x


total credit limits $108,400 Credit scores Ex 728 EQ 738 TU 758
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