It is for your 1st CLI after that one you have to wait for 6 mths in between Clis , now not everyone always gets the 3 statements 90 days CLI , it's only if your profile supports it I guess
I'll wait 6 months before trying for another CC with them as I don't want an aggressivley seeking credit response from them. According to the rep I've spoken with about a possible mortgage to advise my credit profile is really good with them. lol
It is for your 1st CLI after that one you have to wait for 6 mths in between Clis , now not everyone always gets the 3 statements 90 days CLI , it's only if your profile supports it I guess
Sure thing, I'll let you know about the CLI. Another question for you. I was planning on using about 4500 to 5K of my CLOC to payoff a few cards that are almost maxed. Good idea or not? I think the cloc payment would be about 2% of the balance owed. What do you think?
I see a lot of ppl doing this , I guess it just depends if the APR is better on your Cloc than the other cards your wanting to pay off . If so then yes if it saves some money why not . But maybe wait until after the CLI and see how it goes to maybe not spook them and all . How much is your CL on the cc right now ? Also you have to remember that when you do anything with the CLoc you get charged interest from the day it post
SL 1700 on my NFCU card now with a balance of 500. My CLOC is 16.9 apr. My other cc are 22 to 25% APR. So yeah, Would be a big difference. Plus, with them being paid off my FICO score should jump big time. And the balance on my CLOC would be right at 30%. 2% payment of balance on cloc auto done by Navy to. I figure 2% of 5k is 100.00
I see a lot of ppl doing this , I guess it just depends if the APR is better on your Cloc than the other cards your wanting to pay off . If so then yes if it saves some money why not . But maybe wait until after the CLI and see how it goes to maybe not spook them and all . How much is your CL on the cc right now ? Also you have to remember that when you do anything with the CLoc you get charged interest from the day it post
Think your right tho. I'm gonna hold off on doing anything till after I try for the CLI with them. Perhaps, if it's approved then I can transfer the balances of the other cards over to Navy since the apr on my Go Rewards card is only 1% higher apr than my cloc.
Updates. I received my denial letter on the 2nd card today. It did advise the account was to new. Does anybody know how long I would need to wait before applying for the 2nd card with them.
It's funny, I was denied a CLI on my first card SP $1,700 but applied for another card with them 4 days after the declination and was approved for the new card, $5,300 SP.
