01-10-2010 09:06 PM
I am becoming a NFCU member tommorow, i am being sponspored by my father in law who is 20 yr vet. I will be signing my army contract within 30 days, but before i can i need to pay off some fines and i would like to take out a loan.
I am considering doing NFCU collateral loan. I spoke with them and they said i could use my RV as collateral. It is valued at 10k but im looking to get about 6000.
My EQ score is 625 and i have 2 credit cards reporting currently. both 300 limits. 1 has 250 used and other is 0 util.
What is the likeliness that i will be approved for the loan with the collateral i am giving?
Any help would be appreciated.
01-10-2010 09:31 PM
I forgot to state that the cards are through bank of america not nfcu.
No current inqs reporting.
I also have 2 medical charge offs totaling 4000 that are almost 4yrs old. They were supposed to be paid by an employer and i am currently sueing them to try and get this taken care of - not likely but i gotta try.
that is all that shows on the EQ report as of today.
01-12-2010 05:19 PM
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