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Regular Contributor
Posts: 205
Registered: ‎06-04-2012
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Nfcu cash rewards visa - any guesses at CL?

As i type this, my bf is applying for nfcu membership so he can apply for their cash rewards card.  He has an income of 40k, no lates or derogs, but a very thin file with just one secured card (about 9 months old).  Per fako sites, his scores are in the low 700s.  (I keep trying to tell him he needs to see his actual Fico score ... But he just thinks i'm obsessed .... And he's probably right! :-).   Any guesses on 1. His chances of being approved? And 2. What CL they'll offer him?

Starting FICO 667 (5/2012) EQ
672 (7/2012) EQ. 681 (8/1/12) EQ
Current FICO 682 (10/13/12) EQ; 718 (10/13/12) TU
Goal: 760+ but 700-720 by jan 2013
No new apps tll jul 2013
Epic Contributor
Posts: 24,736
Registered: ‎10-23-2007
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Re: Nfcu cash rewards visa - any guesses at CL?


Asailorshort wrote:

As i type this, my bf is applying for nfcu membership so he can apply for their cash rewards card.  He has an income of 40k, no lates or derogs, but a very thin file with just one secured card (about 9 months old).  Per fako sites, his scores are in the low 700s.  (I keep trying to tell him he needs to see his actual Fico score ... But he just thinks i'm obsessed .... And he's probably right! :-).   Any guesses on 1. His chances of being approved? And 2. What CL they'll offer him?


With NAVY it's really so hard to guess because I have seen people with just 1 $300 credit line open and tons of collections in past over year old or what not and get $8+k instantly.

Apply and see in just an hour or so and update back... he will also get his credit score at same time to settle your obsession!!!

make him get walmart so you can see his TU fico monthly!!! HAHA

Fico Scores: EQ- 670., TU 710 Sync, EX 728 SoFi(05/04/15)
I'm just trying to catch up to RON1
90 Cards and Counting :smileytongue:
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Valued Contributor
Posts: 1,408
Registered: ‎07-12-2011
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Re: Nfcu cash rewards visa - any guesses at CL?


Asailorshort wrote:

As i type this, my bf is applying for nfcu membership so he can apply for their cash rewards card.  He has an income of 40k, no lates or derogs, but a very thin file with just one secured card (about 9 months old).  Per fako sites, his scores are in the low 700s.  (I keep trying to tell him he needs to see his actual Fico score ... But he just thinks i'm obsessed .... And he's probably right! :-).   Any guesses on 1. His chances of being approved? And 2. What CL they'll offer him?


My guess- 7K.  Good luck!  :smileyhappy:


Starting Score: 642
Current Score: EQ 773, EX 780, TU 777 (All FICO)
Goal Score: 800+

Cards: NFCU Flagship 50K, DC 30K, BCP 28.6K, Arrival+ 25K, Citi DP 22.8K, CSP 20.5K, TotalRewards 20.5K, QuickSilver 20K

Regular Contributor
Posts: 205
Registered: ‎06-04-2012
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Re: Nfcu cash rewards visa - any guesses at CL?

Thanks.  We werent able to apply online last night (probably because they have to verify something as he's piggybacking off my membership and we're not married).  So we'll have to wait a few more days to find out.  It will be awesome to get his score though.  But i have to resist the urge to get too involved in his credit.  When he gets in with nfcu, he'll (hopefully) get a cc with them and then we'll use them to refinance his car with his name on it too.  He'll then have 3 open positive TLs and will be in good shape.

Starting FICO 667 (5/2012) EQ
672 (7/2012) EQ. 681 (8/1/12) EQ
Current FICO 682 (10/13/12) EQ; 718 (10/13/12) TU
Goal: 760+ but 700-720 by jan 2013
No new apps tll jul 2013
Valued Contributor
Posts: 2,505
Registered: ‎11-11-2010
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Re: Nfcu cash rewards visa - any guesses at CL?

Because your BF have limited credit history his credit score means nothing. High credit score cannot cover the fact that you have thin file. One reason why you should never get too in love with credit score, because it can be biased/skewed.

In My Wallet:
Citi Forward (12/2010) | Citi Dividend (05/2011) | Chase Freedom (11/2011) | GECRB/PayPal (05/2012)
Discover it (07/2012) | AMEX BCP (09/2012) | TD/Target REDCard (10/2012) | Chase Ink Classic (11/2012)
BofA BBR (04/2013) | FNBO/Overstock.com (02/2014) | Barclaycard Arrival (04/2014) | FIA/Fidelity AMEX (04/2014)
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Posts: 7,225
Registered: ‎09-16-2011
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Re: Nfcu cash rewards visa - any guesses at CL?

I'm going to be conservative and guess 2500 due to limited history... Range would be 2500 to 5000

Starting Score: 08/29/2011 TU 671 EQ 674
Current Score: TU 754 EQ 694 EX 697
Wallet: NFCU Visa Sig 25k, Amex Lowes 22k, NavCheck 15k, Amex PRG, Amex Zync, Discover It 13.5k, Amazon Visa 5k
Platinum Spade Garden Club Member: App Free since 1/1/13. No more apps til who knows when?
MyFICO Fitness Goal: 800s Club!



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Valued Contributor
Posts: 3,099
Registered: ‎10-02-2012
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Re: Nfcu cash rewards visa - any guesses at CL?

Decline......

 

Just had to throw that out there since there is always that chance.

Too many INQs & low AAoA so I'm off to tend the Garden.     Age:23    


     $17k       $8.5K          Closed          $19k      $6.5k        $24.2k        Closed         $5k       Closed     $8.5k        Closed      @2.49%
New Member
Posts: 9
Registered: ‎07-24-2012
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Re: Nfcu cash rewards visa - any guesses at CL?

My intial CL was 2K  After 6 mos I asked for an increase 5K approved after Hurricane Sandy they sent an email saying that they were offering CLI to those affect I replied and CL increased to $7500.

Valued Contributor
Posts: 1,772
Registered: ‎10-28-2011
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Re: Nfcu cash rewards visa - any guesses at CL?

Being he's a new member with an ultra thin file I would say 2k. Take care of it for 6 mos then more then likely see an increase to 5k.
NFCU plat 5k | NAVCHECK 5k | NFCU cashrewards 15k | BOFA 123 6k |
Chase Freedom 1.5k | Amazon 3K | Walmart 3K | Buckle 300 | AMEX BCE 2.5K | CHASE CSP 12K | CITI sears 6k | Kay 2k

On the prowl for Chase Sapphire Preferred! APPROVED 12K!
scores 7/14 647 622 630 (85%util)
scores 8/14 767 760 758 Boom! finally in the 700 club
Valued Contributor
Posts: 2,857
Registered: ‎06-08-2012
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Re: Nfcu cash rewards visa - any guesses at CL?


Dustink wrote:

Decline......

 

Just had to throw that out there since there is always that chance.


You taking lessons from LS?

As a recently approved NFCU credit card carrying member of myFICO, I wish yall the best.  My guess 3-5k.



Starting Score: EQ 551 TU 548 CK 607on 6/8/12, EX 542(AMEX pull 3/4/12)
Current Score: EQ 710 TU 727 EX 704 CK 719(FAKO-EX 697, EQ 697, TU 697)
Goal Score: 750

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