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Established Contributor
thankfulheart
Posts: 619
Registered: ‎09-26-2011
0

NavCheck didn't move my score one point?

NavCheck $10K line finally reported on EQ, but my score didn't budge.  I would have thought the change in UTIL would have been worth at least a few points???

Starting Score: 10/1/2011 EQ 568 TU 593
Current Score: EQ 664 TU 700 EX 701 (FAKO)

Regular Contributor
Rein
Posts: 122
Registered: ‎10-29-2012
0

Re: NavCheck didn't move my score one point?

Sorry dumb question alert... What is Navcheck? I have navy federal credit union but don't see the product listed. 

Frequent Contributor
_jb_
Posts: 321
Registered: ‎01-16-2013
0

Re: NavCheck didn't move my score one point?

It is an overdraft line of credit that you can open that reports to the CRA as revolving credit. You have the option of being issued checks that you can write against the account as well (IIRC). It should be under account services when you log in. You can get up to $15,000.

 

OP: No idea. You might get a couple negative points as well for opening a new account, depending on your credit report. I know I just lost a few points for opening some new cards, but expect that it will bounce back.


Starting Scores: myFICO EX: ???, myFICO EQ: 678, myFICO TU: 676 (01/2013)
Latest Scores: myFICO EX: 699, myFICO EQ: 700, myFICO TU: 699
My Wallet: Chase Sapphire Preferred, Discover It, NFCU cashRewards, Capital One Quicksilver, Chase Amazon Rewards
Gardening since 02/19/13
Valued Contributor
kevinjjc
Posts: 1,374
Registered: ‎01-14-2009
0

Re: NavCheck didn't move my score one point?

FYI, it's technically called NAVchek. :smileyhappy:

Contributor
coachmiff
Posts: 94
Registered: ‎01-14-2013
0

Re: NavCheck didn't move my score one point?

any idea what the apr ranges are on this--couldn't find on web site-txs

Navy Siggy Cash Rewards 25K , Navy Flagship visa 17k Navy Check 15K, Navy Platnium Visa 7K, USAA Am Exp 11.5K, USAA MC Rate Advantage 11.5K, Discover IT 5.5K, PayPal Extras MC 5K, Chase Military Star MC 2.5K, Military Star 5.35k, Wallmart discover 2.5k, Amex bce 6k,Boa cash rewards 5k,Amazon Visa 500

current scores: TU 761 Equifax 773Exp 742
Valued Contributor
kevinjjc
Posts: 1,374
Registered: ‎01-14-2009
0

Re: NavCheck didn't move my score one point?


coachmiff wrote:

any idea what the apr ranges are on this--couldn't find on web site-txs


I couldn't find any info on their website with regards to how high the APR goes up to, but it starts off at 13.9% APR.

 

https://www.navyfederal.org/products-services/checking-savings/overdraft-line-of-credit.php

 

Current interest rate is as low as 13.9% APR.**

 

**Rates are based on an evaluation of credit history, so your rate may differ.

Contributor
coachmiff
Posts: 94
Registered: ‎01-14-2013
0

Re: NavCheck didn't move my score one point?

txs--I am going to apply for the whole 15k--worst they can do is counter?

Navy Siggy Cash Rewards 25K , Navy Flagship visa 17k Navy Check 15K, Navy Platnium Visa 7K, USAA Am Exp 11.5K, USAA MC Rate Advantage 11.5K, Discover IT 5.5K, PayPal Extras MC 5K, Chase Military Star MC 2.5K, Military Star 5.35k, Wallmart discover 2.5k, Amex bce 6k,Boa cash rewards 5k,Amazon Visa 500

current scores: TU 761 Equifax 773Exp 742

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