08-26-2013 10:33 PM
08-27-2013 07:03 AM
This happened to me a while ago as well. I called in to ask specifically why my request was declined and if I remember correctly NFCU has a cap for each individual and it's mostly based on income combined with credit score. It doesn't mean you won't qualify for other credit with them. More importantly just a few months after they declined my CLI request, I requested an even higher CLI and was approved. My income was the same but my credit score had increased about 30 points.
myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.>> About myFICO