Re: NFCU CLOC Approved!

DaGoomba · ‎08-19-2016

So I was approved for a $5,000 CLOC after joining NFCU last week. Was afraid to pull the trigger and ask for $15k.... but I put in a CLI request moments ago to see if I can correct my wrong, lol

Question is... does the CLOC report to the credit bureaus? How does it report?

Rebuilding since April 2016... Total Credit Lines: $57,800...
Line of Credit: NFCU navCheck $5,000... Credit Cards: Citibank (Secured) $5,000... NFCU cashRewards Visa $2,900... Discover It (Secured) $2,500.... Cabela's Visa $2,000...Retail Cards: Crate & Barrel $8,000... Pottery Barn $5,600... West Elm $5,600... Grandin Road $3,000... Improvements $3,000... Overstock $2,700... Firestone $1,200... Care Credit $1,100... Speedway $1,000... Several others $100 - $500
Scores (4/16 to 8/16)
EQ: 568 --- 599// TU: 550 --- 633 // EX: 552 --- 625

Anonymous · ‎08-19-2016

Congratulations! Did you get the full $15K?

It reports as revolving credit so it affects your UTI when used.

Anonymous · ‎08-19-2016

@DaGoomba wrote:
So I was approved for a $5,000 CLOC after joining NFCU last week. Was afraid to pull the trigger and ask for $15k.... but I put in a CLI request moments ago to see if I can correct my wrong, lol

Question is... does the CLOC report to the credit bureaus? How does it report?

Congrats. Should have asked for it all at the beginning to save you a HP.

Anonymous · ‎08-19-2016

@Anonymous wrote:
Congratulations! Did you get the full $15K?

It reports as revolving credit so it affects your UTI when used.

OP said 5k and attempted a CLI just now.

Anonymous · ‎08-19-2016

@Anonymous wrote:
Congratulations! Did you get the full $15K?

It reports as revolving credit so it affects your UTI when used.

OP said 5k and attempted a CLI just now.

EDIT: I see what you meant sorry. lol

Did you get the 15K OP or did it go pending?

Anonymous · ‎08-19-2016

Congratulations!

DaGoomba · ‎08-19-2016

Pending. But I don't see why they wouldn't approve the whole enchilada.

Rebuilding since April 2016... Total Credit Lines: $57,800...
Line of Credit: NFCU navCheck $5,000... Credit Cards: Citibank (Secured) $5,000... NFCU cashRewards Visa $2,900... Discover It (Secured) $2,500.... Cabela's Visa $2,000...Retail Cards: Crate & Barrel $8,000... Pottery Barn $5,600... West Elm $5,600... Grandin Road $3,000... Improvements $3,000... Overstock $2,700... Firestone $1,200... Care Credit $1,100... Speedway $1,000... Several others $100 - $500
Scores (4/16 to 8/16)
EQ: 568 --- 599// TU: 550 --- 633 // EX: 552 --- 625

Anonymous · ‎08-19-2016

@DaGoomba wrote:
So I was approved for a $5,000 CLOC after joining NFCU last week. Was afraid to pull the trigger and ask for $15k.... but I put in a CLI request moments ago to see if I can correct my wrong, lol

Question is... does the CLOC report to the credit bureaus? How does it report?

Congrats on the Navy CLOC approval. It will report as revolving - like a credit card

Anonymous · ‎08-19-2016

@OP - Where is the link located to request a CLI for the CLOC?

Anonymous · ‎09-28-2016

How does one utilize the CLOC. Do they give you a seperate card or do you write checks off of it. I'll probably never use it but I like to know how you use the funds available.

NFCU CLOC Approved!

Get your FICO® Score for free

NFCU CLOC Approved!