04-02-2013 03:23 PM
04-02-2013 04:40 PM
It states "poor credit history with nfcu" and bankruptcy. It's weird because they gave me two small increases over a month ago$2k total and my score has gone up like 30-40pts since. It doesn't make sense unless they just want to see how I handle my new limit ?
How old is your credit account?
04-02-2013 04:47 PM
Is it possible that they based their decision on an old credit report pull?
Don't some (or most?) credit unions do one pull and then use the same report to make credit decisions for 90 days or so?
And why would they give a reason of "poor credit history with NFCU"? That implies that you've done something wrong (late payments, defaults, whatever) with them in past? If that's not the case, why would they give that as a reason?
04-02-2013 04:49 PM
04-02-2013 04:53 PM - edited 04-02-2013 04:54 PM
Maybe it wouldn't hurt to call?
YOU: Hell0, Mr. Happy NFCU employee
NFCU: Hey 'sup! What can I do for you?
YOU: Listen, *BUrp* I applied for [name what you applied for] and I got a denial and I had a couple of questions that I'm hoping you might be able to answer. For example, one reason for the denial was a "bad credit history with Navy Fed". Could I get some specifics on that? I mean, I want to foster a great relationship with you guys and want to do everything I can to fix whatever issues that you think I might be deficient in...
NFCU: Of course!
04-02-2013 04:54 PM
I've had it since Sept of last year . Payments always on time and over the minimum.
If the reasons given for the denial are not applicable to your history with nfcu, you should call and speak to a rep and find out why they think you deserve a negative payment rating.Unless there is something from the past which you are unaware of then this situation could be an error on their part.
04-02-2013 04:56 PM
04-03-2013 06:53 PM
04-03-2013 09:26 PM
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions based on Experian or Equifax data (additional FICO® Score versions based on TransUnion data are not currently available on myFICO.com). 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.