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Frequent Contributor
AvaMommy
Posts: 297
Registered: ‎08-08-2012

Re: navchek approval odds???


pinoyscorpion951 wrote:

Probably something along these lines;

 

Dear NFCU Lending Committee,

 

I have been a member of NFCU since *blank*. I would like the Committee to know that I am so proud to be part of the largest credit union in the U.S. As satisfied member I want to avail myself of all the services that NFCU has to offer. Recently I applied for a rewards card but was denied. The reason given was *state reason*. I realize that I have had some credit challenges in the past but have done my best to reconcile them and now I am on the path towards a better credit future. I truly hope that NFCU would reconsider me for one of the rewards credit cards to assist me in getting to my goal of building a strong credit history with your prestigious institution. I am so happy to get my foot in the door with NFCU and pledge that were you to approve me for the rewards card, I will use it responsibly as I have with all of my current credit obligations. Were you to approve my request, you can rest assured that you will have a loyal member for years to come. 

 

Respectfully submitted,

 

xxxxxx


+1

 

Starting Score: FAKO: TU 602 EQ 550 EX 565 - 08|2012
Current Score: MyFICO: TU 633 EQ 637 EX 669 (AMEX PULL)09|2012
Goal Score: 700 across the board In my wallet: NFCU cashRewards 12000CL, NFCU LOC 10K CL, BofA cashRewards 5000CL, BofA PP 3000CL, JAREDS (AU) 1500CL, SEARS (AU) 7000CL
Under my mattress: Orchard Bank 320CL and Saks Fifth Avenue 100CL. Finally in the Garden. App Free Since 9/18/12 - No apps until March 2013
Valued Member
djnikki1
Posts: 47
Registered: ‎04-02-2012

Re: navchek approval odds???

Thank you everyone!  It felt good to see "Approved because of your creditworthiness"!  :smileyhappy:  I just looked and the nrewards card is still under review.  But I will keep updated on it.   If I am approved for this card, should I close my Orchard Bank Card with $320 limit?  I've had it since August 2010.  Always paid on time but never received a CLI!  I also have Military STAR Card since 2008 $1400 (2 CLI), Cap 1 since 2010 $500 (1 CLI), Cap 1 Rewards since 2011 $750 (1 CLI), USAA AMEX Secured since August 2012 (trying to get in USAA good graces) $250.  Thank you in advance :smileyhappy:


Starting Score: 04/2012 - EX: 512, EQ: 519, TR: 512
Current Score: 12/02/2012 - EX: 629, EQ: 565,TR: 628
Goal Score: 700


Take the FICO Fitness Challenge

Cards: Orchard Bank - $320, Capital One Platinum -$500, Capital One Cash Rewards - (old limit $500), $750, Military STAR Card - $1400, Fingerhut (old limit $100) $400, USAA Secured AMEX $250, Walmart $400, Amazon $600, Gap $200, Chevron $200, JcPenney $200, Navy Federal nRewards $1000, NavChek $1000
Regular Contributor
beautybrainsbooty
Posts: 212
Registered: ‎08-02-2012

Re: navchek approval odds???

Dont close anything! You need those for aging on your report for your score.  Now on to the good stuff: Congratulations on your approvals and welcome to the NFCU family. Be good to them and they will be ultra good back!!! :smileywink:

started mid 500's. Disputed incorrect items and within a month or two my scores have skyrocketed and continue to do so
EQ: 755 as of 8/2013
TU: 700
Experian(or as I call them, the devil) I have no clue, they haven't released my report
Goal=801 across the board!!! Not too far from this, hoping to garden until Christmas 2013
Established Contributor
Cadillac-XTS
Posts: 1,837
Registered: ‎08-20-2012

Re: navchek approval odds???

Congras

Valued Member
djnikki1
Posts: 47
Registered: ‎04-02-2012

Re: navchek approval odds???

I was approved for the nRewards credit card for $1,000 without needing to recon!!!  Highest starting CL ever for me!!!  Now going to work on gardening in preperation for getting a house in a year!   I'm estatic right now that I was approved for both!!! Thanks everyone for the encouragement!!


Starting Score: 04/2012 - EX: 512, EQ: 519, TR: 512
Current Score: 12/02/2012 - EX: 629, EQ: 565,TR: 628
Goal Score: 700


Take the FICO Fitness Challenge

Cards: Orchard Bank - $320, Capital One Platinum -$500, Capital One Cash Rewards - (old limit $500), $750, Military STAR Card - $1400, Fingerhut (old limit $100) $400, USAA Secured AMEX $250, Walmart $400, Amazon $600, Gap $200, Chevron $200, JcPenney $200, Navy Federal nRewards $1000, NavChek $1000
Frequent Contributor
AvaMommy
Posts: 297
Registered: ‎08-08-2012

Re: navchek approval odds???


djnikki1 wrote:

I was approved for the nRewards credit card for $1,000 without needing to recon!!!  Highest starting CL ever for me!!!  Now going to work on gardening in preperation for getting a house in a year!   I'm estatic right now that I was approved for both!!! Thanks everyone for the encouragement!!


Congrats! and I 2nd what anaother poster stated. Do not close any of your cards. You oldest card provides your AAoA and that is GOOD to have a card 2yrs and maintianing a positive trade line for you. I would suggest if you switch and use your new NFCU card primarily, then you use the lower limit card once every 5-6 months. Use it for a beverage or any low limit purchase to keep it active.

 

Once again congrats and dont think that toy limit card is useless. It has serve its purpose too; which was showing NFCU you PAY ON TIME!!!!

 

Garden now and stay for awhile

Starting Score: FAKO: TU 602 EQ 550 EX 565 - 08|2012
Current Score: MyFICO: TU 633 EQ 637 EX 669 (AMEX PULL)09|2012
Goal Score: 700 across the board In my wallet: NFCU cashRewards 12000CL, NFCU LOC 10K CL, BofA cashRewards 5000CL, BofA PP 3000CL, JAREDS (AU) 1500CL, SEARS (AU) 7000CL
Under my mattress: Orchard Bank 320CL and Saks Fifth Avenue 100CL. Finally in the Garden. App Free Since 9/18/12 - No apps until March 2013
New Contributor
pinoyscorpion951
Posts: 60
Registered: ‎09-03-2012

Re: navchek approval odds???

Congratulations!!!! I had a feeling you would get it. Navy is really good about giving CLI's. After a year, you should get a pretty huge jump in your limit if you use it responsibly. My coworker just asked for a CLI last month, the same time he applied for a refi of his vehicle. His jumped from 5000 to 15000!!! He also got a really good rate on the refi and got 400 dollars back . I believe he's only been with Navy for 4 months. NFCU still has vehicle a refi offer available but its down to 250 cash back now. Next month will be my 4th month with Navy also and I might ask them for some luv. I'd rather starve than miss a payment with NFCU.

Valued Member
djnikki1
Posts: 47
Registered: ‎04-02-2012

Re: navchek approval odds???

I've only been with nfcu for three months and they have extended me with two credit opportunities, while I have been with USAA since 2007 and the best I can get with them is a secured amex! Lol but I plan to use it responsibility! I have been in an uphill battle repairing ny credit after the credit mishaps I had in my early 20s. I'm just giddy that nfcu is trusting in me. I just bought my car in July so too early to refinance. I will try for refinance in July 2013 and a home loan in December 2013

Starting Score: 04/2012 - EX: 512, EQ: 519, TR: 512
Current Score: 12/02/2012 - EX: 629, EQ: 565,TR: 628
Goal Score: 700


Take the FICO Fitness Challenge

Cards: Orchard Bank - $320, Capital One Platinum -$500, Capital One Cash Rewards - (old limit $500), $750, Military STAR Card - $1400, Fingerhut (old limit $100) $400, USAA Secured AMEX $250, Walmart $400, Amazon $600, Gap $200, Chevron $200, JcPenney $200, Navy Federal nRewards $1000, NavChek $1000
Valued Member
djnikki1
Posts: 47
Registered: ‎04-02-2012

Re: navchek approval odds???

Does nfcu give automatic CLI or do you have to request them?

Starting Score: 04/2012 - EX: 512, EQ: 519, TR: 512
Current Score: 12/02/2012 - EX: 629, EQ: 565,TR: 628
Goal Score: 700


Take the FICO Fitness Challenge

Cards: Orchard Bank - $320, Capital One Platinum -$500, Capital One Cash Rewards - (old limit $500), $750, Military STAR Card - $1400, Fingerhut (old limit $100) $400, USAA Secured AMEX $250, Walmart $400, Amazon $600, Gap $200, Chevron $200, JcPenney $200, Navy Federal nRewards $1000, NavChek $1000
Frequent Contributor
AvaMommy
Posts: 297
Registered: ‎08-08-2012

Re: navchek approval odds???


djnikki1 wrote:
I've only been with nfcu for three months and they have extended me with two credit opportunities, while I have been with USAA since 2007 and the best I can get with them is a secured amex! Lol but I plan to use it responsibility! I have been in an uphill battle repairing ny credit after the credit mishaps I had in my early 20s. I'm just giddy that nfcu is trusting in me. I just bought my car in July so too early to refinance. I will try for refinance in July 2013 and a home loan in December 2013

I have only been with NFCU for 1 month and refi'd my SUV ($400 in pocket due to their promo last month) and have a cashRewards (Highest limit out the rest). I was with USAA for 11yrs and was never offered any credit cards...wait I stand corrected a secured card. Call in for CLI a your 6 month or if you decide to go longer

 

Starting Score: FAKO: TU 602 EQ 550 EX 565 - 08|2012
Current Score: MyFICO: TU 633 EQ 637 EX 669 (AMEX PULL)09|2012
Goal Score: 700 across the board In my wallet: NFCU cashRewards 12000CL, NFCU LOC 10K CL, BofA cashRewards 5000CL, BofA PP 3000CL, JAREDS (AU) 1500CL, SEARS (AU) 7000CL
Under my mattress: Orchard Bank 320CL and Saks Fifth Avenue 100CL. Finally in the Garden. App Free Since 9/18/12 - No apps until March 2013

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