Regular Contributor
Posts: 165
Registered: ‎05-07-2013

Re: Navchek LOC

I had 12 cents in savings. It all came out of the LOC. NFCU was not my main bank, though I think I am going to have one of my direct deposits transferred in.


Granted it was all of 73 dollars at the grocery store, but I was curious. My main bank has a OLOC which works with checks but your check card is denied. However, it does let you xfer money into checking online which NFCU does not. (you really don't need to xfer if the card works though.)

Starting FICO, June 2010: EX-581, EQ-581, TU-581
Now: EX-742(Quizzle) EQ-656 (MyFICO), TU-720 (Bank)

Currently: BECU Visa 12K, Navchek 15K, NFCU Platinum Visa 11K, AMEX Delta SkyMiles 9K, Vystar CU Platinum Visa 7500, Military Star 8200, Nordstrom 6000, Talbots 3000, Ann Taylor 2280, Apple/Barclay 2000, Pier 1 1500, Macys 1300, Victorias Secret 750, NY&CO 500, J.Crew 300

Frequent Contributor
Posts: 322
Registered: ‎09-18-2013

Re: Navchek LOC

[ Edited ]

Thanks for checking, silverzgirl. I think what I saw may have something to do with cash withdrawals from the LOC, or network ATM's, or both.

And I agree it would be nice to be able to transfer from the LOC directly into your checking account, but I can also see the logic where it's ill advised to tap the LOC for cash you already have since the interest accrues daily. In any scenario where you're holding onto cash (like in anticipation of paying off a credit card balance in a few days), I'm pretty sure you'll just end up paying more in interest versus just tapping the LOC again when you actually need it.


Anyway, I've never had a LOC before, and I am really loving how useful it is.

  (Hover over pics for details) 
FICO:  TU 731 (05/14/14)   EX 749 (04/24/14)   EQ 684 (02/05/14)   Goal 700
FAKO:  TU 761 (05/20/14)   EX 761 (05/20/14)   EQ 743 (05/20/14)
Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
† Credit cards for FICO Score ranges: The score ranges are guidelines based on actual applicant approvals and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on 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.