10-20-2010 01:13 PM
I am SO excited, I just started repairing my credit less than 1 month ago and by getting some negative items deleted I was able to raise my score from 584 to 671 in just a few short weeks! I am a member of NFCU and decided "what the heck!" I'll just try applying to see if I can get an unsecured cc. **I have NO open lines of credit, my most recent cc was closed in early 2009 and the highest limit I've ever had was $3,500** and
I WAS APPROVED FOR $7,500!!!!!!!!!!
I was planning on getting a secured card with a $300 limit, LOL!
I couldn't be happier, 700 club here I come!!!
Thank you Fico forums!!
10-20-2010 01:15 PM
That is great news! Good for you...
10-20-2010 04:40 PM
Congrats! I too just started repairing my credit and also just joined NFCU about 2 weeks ago. I applied for the nRewards Visa and was approved for $3500. This is the highest limit I've ever had so I'm treating this card like it's a piece of gold. Hopefully after a little work and good history, I can get a CLI in about 6 months. Loving NFCU right now!
10-21-2010 12:10 AM
Congratulations to both of you. Jen0583 and nene17
Don't forget to keep up with your rewards pts expiration date ... 4 yrs! if you don't use it, you will loose it. So, plan well how you use your nRewards.
10-21-2010 05:06 AM
Congrats, Jen - feels good, eh?
But, don't stop there - apply for their Flagship VISA AND a NAVCHECK LOC. They might even use the same EQ pull.
It's all good with NFCU. Keep your acount in good standing - they are very good with CLI's.
10-21-2010 06:30 AM
Cobra - Do you think I should apply for more? I was very tempted to but I didn't want to rack up the inquiries or push my luck. I am hoping to apply for a mortgage, probably through NFCU as well, in about 6 months. I really have no use for credit (other than FICO scoring). I will probably just charge $100 or less per month and pay it off immediately. I'm just so used to never having credit so I've learned to cash flow everything, but I understand to play the FICO game you have to have lines of credit and I get that.
10-21-2010 08:31 AM
Wow, thats impressive! Congrats. I'm near 650s and should see a slight jump soon. I'm starting to question if i should join a Credit Union.
Do you use the CU for any major accounts? Or just a small savings?
10-21-2010 10:33 AM
Brandon - I've had my regular checking account and savings account there since 2005. I also had a car loan from 2006 that was recently paid off. This is the first time I've applied for any of their credit products. Hopefully soon I can get my mortgage through them as well. Good luck to you!
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.