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NFCU CLOC denial.. need inputs

Valued Contributor

Re: NFCU CLOC denial.. need inputs


Scott2696 wrote:

O ok.. It's possible but again their rules state no overdraft protection for 90 days. Maybe they will recon for you tho. 

 


No just no. Everything can be overturned at discretion. I did CLOCs and OOPS usually with every new checking account when I worked there.

Message 11 of 14
New Contributor

Re: NFCU CLOC denial.. need inputs


tydawg wrote:

Scott2696 wrote:

O ok.. It's possible but again their rules state no overdraft protection for 90 days. Maybe they will recon for you tho. 

 


No just no. Everything can be overturned at discretion. I did CLOCs and OOPS usually with every new checking account when I worked there.


do you have to open a checking account before apping for a CLOC?

Message 12 of 14
Moderator

Re: NFCU CLOC denial.. need inputs


t-hawk wrote:

tydawg wrote:

Scott2696 wrote:

O ok.. It's possible but again their rules state no overdraft protection for 90 days. Maybe they will recon for you tho. 

 


No just no. Everything can be overturned at discretion. I did CLOCs and OOPS usually with every new checking account when I worked there.


do you have to open a checking account before apping for a CLOC?


@tydawg  can can correct me if I'm wrong, but I've always understood that a checking account was required for a checking line of credit.  Smiley Happy

Message 13 of 14
Valued Contributor

Re: NFCU CLOC denial.. need inputs

Thats correct UncleB, checking accounts are required to even process the application

Message 14 of 14