topic Re: Should I Recon NFCU?? in Credit Card Approvals

UPDATED: NFCU Recon Success!!!!

WhiteCollar — Wed, 26 Sep 2012 12:02:35 GMT

I was approved for a cash rewards card with a $1k limit. I find the amount to be paltry in comparison to my other card limits. I've read many postings on this forum about how generous NFCU are with CL's and CLI's. Should I recon? Has anyone had a successful recon experience?

Re: Should I Recon NFCU??

Anonymous — Tue, 25 Sep 2012 17:25:21 GMT

I had a recent success but it all depends on multiple factors. I went from 5K to 12K What are your stats?

Re: Should I Recon NFCU??

WhiteCollar — Tue, 25 Sep 2012 19:06:02 GMT

Scores: 670 (EXP via USAA), 660 (FICO), 605 (EQ via USAA)

4 prime cards with $5k limits and BBYRZMC $2.5k

Re: Should I Recon NFCU??

Anonymous — Tue, 25 Sep 2012 19:12:33 GMT

any baddies?

Re: Should I Recon NFCU??

WhiteCollar — Tue, 25 Sep 2012 19:14:19 GMT

5 baddies . Most recent is from 2008.

Re: Should I Recon NFCU??

Anonymous — Tue, 25 Sep 2012 19:52:03 GMT

Can you take care of those 1st? How did you get the 5 primes did you recon? You can recon...but I dont know how much more you would get. I would email them and explain the reasons of why and how you got those baddies.

Re: Should I Recon NFCU??

jonmartin — Tue, 25 Sep 2012 19:58:14 GMT

How do you even recon navy federal?

Re: Should I Recon NFCU??

CS800 — Tue, 25 Sep 2012 19:59:45 GMT

@jonmartin wrote:
How do you even recon navy federal?

You call them and plead your case just like any other creditor. They are generally very flexible.

Re: Should I Recon NFCU??

Anonymous — Tue, 25 Sep 2012 20:14:05 GMT

@CS800 wrote:
@jonmartin wrote:
How do you even recon navy federal?
You call them and plead your case just like any other creditor. They are generally very flexible.

+1 Thats what I did...you can even send a message thru the website and explain your case

Re: Should I Recon NFCU??

WhiteCollar — Tue, 25 Sep 2012 20:20:14 GMT

The baddies are there to stay for now. 2 are expected to fall off next year. They are all paid and closed accounts. I tried sending GW letters but no success. Not sure what you mean by how dI'd I get my prime cards? Some I applied for and others solicited me. Yes, I can explain how I got the baddies. My credit history since the baddies have been immaculate. I think I will call and plead my case.

Re: Should I Recon NFCU??

CS800 — Tue, 25 Sep 2012 20:26:22 GMT

@PrettyNPink wrote:
The baddies are there to stay for now. 2 are expected to fall off next year. They are all paid and closed accounts. I tried sending GW letters but no success. Not sure what you mean by how dI'd I get my prime cards? Some I applied for and others solicited me. Yes, I can explain how I got the baddies. My credit history since the baddies have been immaculate. I think I will call and plead my case.

I would call them if I were you. Baddies from 2008 seems old enough. Depending on your existing debt, income, they might push you between 3-5 hopefully

Re: Should I Recon NFCU??

Anonymous — Tue, 25 Sep 2012 20:26:26 GMT

How did you get the 5 primes...did you recon or was it instant approval. If you dont mind me asking which prime ccs do you have?...most Prime lenders are picky and with 5 baddies I was wondering.

Re: Should I Recon NFCU??

WhiteCollar — Tue, 25 Sep 2012 20:54:24 GMT

Chase Freedom, CSP, CU Visa, Chase Southwest Premier and Nordstrom. Only did recon for the Southwest Card. My baddies are old, paid in full and closed accounts. I agree, some lenders are picky about that.

Re: Should I Recon NFCU??

bbb3601 — Tue, 25 Sep 2012 21:04:37 GMT

was it an instant approval or a 3-5 day decision. I believe that will make the bigest diff for you. Though I must say my wife and I both asked for and received an increase before our 1st statements cut. 3k, and 1k respectively. You could just go that route......

Re: Should I Recon NFCU??

WhiteCollar — Tue, 25 Sep 2012 21:08:59 GMT

i just called to recon. Will let you guys know the outcome. I joined last night and applied last night after I was pre-select for the cash rewards card. The rep said because I was a brand new member, it was likely that I would not get an instant approval which she was correct. Today I received a text message notifying me of my approval.

Re: Should I Recon NFCU??

RyVision — Tue, 25 Sep 2012 22:14:08 GMT

@PrettyNPink wrote:
i just called to recon. Will let you guys know the outcome. I joined last night and applied last night after I was pre-select for the cash rewards card. The rep said because I was a brand new member, it was likely that I would not get an instant approval which she was correct. Today I received a text message notifying me of my approval.

Doesn't sound to me as though you would have much problem with a recon if you're willing to submit docs etc. If you're willing to bank there, even better. They haven't got a feel for you yet as a customer, once they get to know you through docs or time, I doubt you'll have too much problem getting a CLI on your card.

[EDIT]: I have to add, next day approval with NFCU is almost like an instant decision. That could be why the lower than expected limit.

Re: Should I Recon NFCU??

calihlove75 — Tue, 25 Sep 2012 23:06:06 GMT

@PrettyNPink wrote:
The baddies are there to stay for now. 2 are expected to fall off next year. They are all paid and closed accounts. I tried sending GW letters but no success. Not sure what you mean by how dI'd I get my prime cards? Some I applied for and others solicited me. Yes, I can explain how I got the baddies. My credit history since the baddies have been immaculate. I think I will call and plead my case.

I would definitely call/message them, especially since they are paid. NFCU is super friendly.

Re: Should I Recon NFCU??

Anonymous — Wed, 26 Sep 2012 07:49:43 GMT

chances are they are going to HP you again. I know you listed fakos and one fico score. what is your eq fico score? nfcu uses the same exact model sold here so thats a plus.

Re: Should I Recon NFCU??

Anonymous — Wed, 26 Sep 2012 07:52:31 GMT

@CS800 wrote:
@jonmartin wrote:
How do you even recon navy federal?
You call them and plead your case just like any other creditor. They are generally very flexible.

Not exactly. True they are very flexible however doing a recon isnt like calling for example barclays or chase. You dont speak one on one with an analyst. However like others have mentioned, sending a simple message asking them to consider a higher limit or whatever your case may be seems to do the trick

Re: Should I Recon NFCU??

WhiteCollar — Wed, 26 Sep 2012 11:58:34 GMT

Logged in this morning to see the limit on my cash rewards visa is now $5k!! Thank you guys for all the input! Although I wanted more based on show generous everyone says NFCU is, I'll be patient and wait. Hopefully I can get a CLI rather soon.