topic Re: NFCU approved. What next? Should I recon or hit the luv button right away? in Credit Card Approvals

NFCU approved. What next? Should I recon or hit the luv button right away?

Anonymous — Wed, 20 Apr 2016 17:09:57 GMT

My husband and I both joined NFCU yesterday. Our scores and reports are pretty much the same, which is not great but improving. He is employed, and I am a SAHM.

Husband immediately got the cash reward credit card SCL $3300 15.9% APR

I got the under review message, then declined. I applied again with husband as joint and got the review message again then 1 hour later got approved. SCL $3000 15.4%APR

He applied jointly for the CLOC. It is under review.

The credit card accounts show up at login now and already have that "increase my credit limit" button, but I should NOT push it yet, right?

Should I apply for the CLOC from my account too? The "Official NFCU CLI Guide" thread says to apply for 2 credit cards right away, but since I had to put my husband joint on mine, I'm assuming we should not do that.

We are really excited to be with Navy now and hope to really build this as our primary bank.

Re: NFCU approved. What next? Should I recon or hit the luv button right away?

Anonymous — Wed, 20 Apr 2016 17:26:05 GMT

@Anonymous wrote:
My husband and I both joined NFCU yesterday. Our scores and reports are pretty much the same, which is not great but improving. He is employed, and I am a SAHM.

Husband immediately got the cash reward credit card SCL $3300 15.9% APR
I got the under review message, then declined. I applied again with husband as joint and got the review message again then 1 hour later got approved. SCL $3000 15.4%APR

He applied jointly for the CLOC. It is under review.

The credit card accounts show up at login now and already have that "increase my credit limit" button, but I should NOT push it yet, right?

Should I apply for the CLOC from my account too? The "Official NFCU CLI Guide" thread says to apply for 2 credit cards right away, but since I had to put my husband joint on mine, I'm assuming we should not do that.

We are really excited to be with Navy now and hope to really build this as our primary bank.

I would hit the button, what do you got to lose? I dont know if its a SP or HP, if it is a SP I say go for it

Re: NFCU approved. What next? Should I recon or hit the luv button right away?

Creditplz — Wed, 20 Apr 2016 18:29:28 GMT

I tried for a CLI right away and it was a HP.

Re: NFCU approved. What next? Should I recon or hit the luv button right away?

Anonymous — Wed, 20 Apr 2016 18:34:44 GMT

@Creditplz wrote:
I tried for a CLI right away and it was a HP.

Ok, no thanks. They do a crazy number of HPs. I want to get a mortgage in a year or two and need to cool it on the inquiries. I think I'm just going to leave well enough alone. Maybe I'll put that seedling back in my signature.

Re: NFCU approved. What next? Should I recon or hit the luv button right away?

creditguy — Wed, 20 Apr 2016 18:37:20 GMT

Congrats!!! As far as CLI's refer to the Epic Navy CLI thread by Creditaddict it will be very helpful.

http://ficoforums.myfico.com/t5/Credit-Card-Applications/Official-NFCU-CLI-Guide/m-p/2101185/highlight/true#M3181

Re: NFCU approved. What next? Should I recon or hit the luv button right away?

Anonymous — Wed, 20 Apr 2016 18:43:59 GMT

@creditguy wrote:
Congrats!!! As far as CLI's refer to the Epic Navy CLI thread by Creditaddict it will be very helpful.

http://ficoforums.myfico.com/t5/Credit-Card-Applications/Official-NFCU-CLI-Guide/m-p/2101185/highlight/true#M3181

Yes I read much of it and mentioned it in my original post. It is not about new accounts specifically, though, and I couldn't find recent posts in it specifically talking about what all to do the day you apply. I took notes, though, for getting CLI in the future. Great thread.

For example, there are threads about joining PenFed that say apply for 2 cards, PLOC and TCS all at once because they do only one HP for 90 days. I was hoping for some specific advice like that for NFCU, but I can't find it in my searches. Maybe I'm searching the wrong terms, or maybe NFCU isn't as predictable.

Re: NFCU approved. What next? Should I recon or hit the luv button right away?

creditguy — Wed, 20 Apr 2016 18:57:00 GMT

@Anonymous wrote:
@creditguy wrote:
Congrats!!! As far as CLI's refer to the Epic Navy CLI thread by Creditaddict it will be very helpful.

http://ficoforums.myfico.com/t5/Credit-Card-Applications/Official-NFCU-CLI-Guide/m-p/2101185/highlight/true#M3181
Yes I read much of it and mentioned it in my original post. It is not about new accounts specifically, though, and I couldn't find recent posts in it specifically talking about what all to do the day you apply. I took notes, though, for getting CLI in the future. Great thread.

For example, there are threads about joining PenFed that say apply for 2 cards, PLOC and TCS all at once because they do only one HP for 90 days. I was hoping for some specific advice like that for NFCU, but I can't find it in my searches. Maybe I'm searching the wrong terms, or maybe NFCU isn't as predictable.

Yes I see that now, hmm off to the eye doctor for me.

Re: NFCU approved. What next? Should I recon or hit the luv button right away?

creditguy — Wed, 20 Apr 2016 18:59:07 GMT

@Anonymous wrote:
@creditguy wrote:
Congrats!!! As far as CLI's refer to the Epic Navy CLI thread by Creditaddict it will be very helpful.

http://ficoforums.myfico.com/t5/Credit-Card-Applications/Official-NFCU-CLI-Guide/m-p/2101185/highlight/true#M3181
Yes I read much of it and mentioned it in my original post. It is not about new accounts specifically, though, and I couldn't find recent posts in it specifically talking about what all to do the day you apply. I took notes, though, for getting CLI in the future. Great thread.

For example, there are threads about joining PenFed that say apply for 2 cards, PLOC and TCS all at once because they do only one HP for 90 days. I was hoping for some specific advice like that for NFCU, but I can't find it in my searches. Maybe I'm searching the wrong terms, or maybe NFCU isn't as predictable.

Ahh yes I see that now, Hmm, Well off to the eye doctor for me.

Re: NFCU approved. What next? Should I recon or hit the luv button right away?

creditguy — Wed, 20 Apr 2016 19:04:14 GMT

@Anonymous wrote:
@creditguy wrote:
Congrats!!! As far as CLI's refer to the Epic Navy CLI thread by Creditaddict it will be very helpful.

http://ficoforums.myfico.com/t5/Credit-Card-Applications/Official-NFCU-CLI-Guide/m-p/2101185/highlight/true#M3181
Yes I read much of it and mentioned it in my original post. It is not about new accounts specifically, though, and I couldn't find recent posts in it specifically talking about what all to do the day you apply. I took notes, though, for getting CLI in the future. Great thread.

For example, there are threads about joining PenFed that say apply for 2 cards, PLOC and TCS all at once because they do only one HP for 90 days. I was hoping for some specific advice like that for NFCU, but I can't find it in my searches. Maybe I'm searching the wrong terms, or maybe NFCU isn't as predictable.

Ahh yes, I see that now, Well I guess it's off to the eye doctor for me

Re: NFCU approved. What next? Should I recon or hit the luv button right away?

RonM21 — Wed, 20 Apr 2016 21:11:08 GMT

Congrats on the approvals!

Re: NFCU approved. What next? Should I recon or hit the luv button right away?

Anonymous — Fri, 22 Apr 2016 00:29:32 GMT

@Anonymous wrote:
@Creditplz wrote:
I tried for a CLI right away and it was a HP.
Ok, no thanks. They do a crazy number of HPs. I want to get a mortgage in a year or two and need to cool it on the inquiries. I think I'm just going to leave well enough alone. Maybe I'll put that seedling back in my signature.

The NFCU thread is long and has changed over time as things have evolved (there is a part 2, an update the the 1st)

a) 2 cards at once isn't really a thing... it's push the one card thru SP CLI's riding the every other month AR...hit the luv button (ask for 25k no matter what)

you'll get a yes but mostly a counter....TAKE IT ....at that point IF you want to app for the 2nd card ok (I wouldn't....until the Free SP upward ride to 25k is over)

@b) The CLOC is a HP b/c @ NFCU it's handled in a different dept (loans) they pull a different credit model than the CC dept ( I didn't app the CLOC until I was ready for a car loan b/c again you want a 2 for 1 if at all poss)

How much of a CLOC CL did you guys app for jointly......if denied go ahead and recon or take whatever counter...once you're in, the numbers can FLY up FAST w/ NFCU.

The trick is getting in and knowing when to parlay the SP CLI....there is no need to collect crazy HP's....they AR every 2 months and those AR's are good for the month.

I've grown from 14k to 22k within 2 AR's w/o a new (cc dept) HP

Got a car loan and 15k Cloc on the 1 (loan dept) HP

Btw if you hit the luv botton and get no immediate luv or a counter...contact them IMMEDIATELY and you have a 60/40 chance of saving yourself a HP ( b/c if the computer doesn't say yes or give an immediate counter....that means it's going to a desk w/ a person and that means HP...also any 2nd card is again a human being manual review = HP) Avoid anything that requires a manual review and you can avoid HP's

Best of Luck....you'll love Navy

Re: NFCU approved. What next? Should I recon or hit the luv button right away?

Anonymous — Fri, 22 Apr 2016 06:21:41 GMT

Congrats!

Re: NFCU approved. What next? Should I recon or hit the luv button right away?

alextercero — Fri, 22 Apr 2016 06:36:24 GMT

Congrats