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Will having a second NFCU NavChk in the amount of $7,500.00 hurt my credit?

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SCYD
Regular Contributor

Will having a second NFCU NavChk in the amount of $7,500.00 hurt my credit?

I already have a NavChk for the full amount of 15K. I've had it for a few months, but never used it. My husband applied for a NavChk and was conditionally approved, but they want me to join in because of income.

 

We are both rebuilding credit since our Bankruptcy and I am in a little stronger position than he is.

 

We don't really need it, but I wanted him to have it to help with his credit.

 

Will this hurt my credit, if I add another $7,500.00 Line of credit?

 

 

BK 7 DC'd 10/2010
Scores (03/17/16): EQ: 704 / TU: 725 / EX: 694 / Cap1 QS1: 6.5K / CU: 7.5K /
JC Penney: 10K/ Chevron: 4K / Target: 500 / Macy's 17.2K/ NFCU Sig. Visa Cash Reward:22K / NFCU Flagship 22K/NavChk:15K / NavChk:7.5K(joint)/WF Plat:15K / WF Propel Amex:5K/DIscover 10K/USAA Visa 14K/USAA Amex 14K/Nordstrom 10K/TJ MAxx 10K/BP Visa 6.5K
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