topic Re: NFCU Secured Graduation @ 15 Months ! in Credit Card Approvals

NFCU Secured Graduation @ 15 Months !

Anonymous — Sun, 24 May 2020 21:58:09 GMT

Hello!

New poster here, long time lurker!

I wanted to take a sec to share my experience and provide data points for the community.

You guys have have helped me out tremendeously with my credit !

I opened NFCU nRewards Secured Card Febuary 2019 with $1000 deposit. Carried a $750ish balance for almost a year. Then started to take things serious and paid the card down in full, used it for light spending 200 - 300 , PIF before statement cut. Well I was not able to post payment before this months statement cut, statement balance $997.98 lol. so I logged into my Navy accounts in the early morning to check on everything like I usually do, and noticiced my credit limit incresed to $2000! My $1000 deposit was also released to my NFCU savings account!

My apr has also automatically dropped on the card to 15.99%

Fico score provided from NFCU at time of card opening: 472 / Last refresh earlier this month shows 687 on NFCU app.

Income: $57,000 / DTI: 29% / Chapter 7 Discharged January 2018

I was approved for a $500 CLOC last month, and a pandemic relief loan $3500 all from Navy. I have been a NFCU member since January 2018, and also was able to snag a $30,000 truck loan from them last year! They have been my main financial institution, all my income is deposited into checking. They have never requested POI for anything I have applied for.

Thanks again for everyone guiding me down the NFCU path, I could not have accomplished any of this without the help of these boards!

Also Happy Memorial Day weekend, thanks for everyone who has served, and lets not forget the strong military families that stand behind our troops!

Take care all and God Bless

Re: NFCU Secured Graduation @ 15 Months !

AllZero — Sun, 24 May 2020 21:58:59 GMT

Congratulations on your graduation and CLI!

Re: NFCU Secured Graduation @ 15 Months !

gdale6 — Sun, 24 May 2020 22:02:13 GMT

Sweet and welcome to myFico!

Re: NFCU Secured Graduation @ 15 Months !

AllZero — Sun, 24 May 2020 22:03:55 GMT

@Anonymous There's been reports of successful additional CLI.

Read here https://ficoforums.myfico.com/t5/Credit-Card-Approvals/NFCU-Secured-Graduated/td-p/6012852

Re: NFCU Secured Graduation @ 15 Months !

TekkenQQ7 — Sun, 24 May 2020 22:06:36 GMT

Congrats,

Re: NFCU Secured Graduation @ 15 Months !

Anonymous — Sun, 24 May 2020 22:26:53 GMT

Thanks for the info @AllZero, I will try for a CLI and keep everyone posted!

A double dip from NFCU sounds awesome lol

Re: NFCU Secured Graduation @ 15 Months !

AllZero — Sun, 24 May 2020 22:33:27 GMT

@Anonymous wrote:
Thanks for the info @AllZero, I will try for a CLI and keep everyone posted!
A double dip from NFCU sounds awesome lol

Good luck. Hope to read of your success!

Re: NFCU Secured Graduation @ 15 Months !

JoeLuvsHisCredit — Sun, 24 May 2020 22:36:09 GMT

@Anonymous wrote:
Thanks for the info @AllZero, I will try for a CLI and keep everyone posted!
A double dip from NFCU sounds awesome lol

Congrats Buddy. GOOD LUCK on the CLI

Re: NFCU Secured Graduation @ 15 Months !

Anonymous — Sun, 24 May 2020 22:49:00 GMT

@Anonymous Welcome to the forum! And Super Congrats on your nRewards graduation!

I was going to recommend that you ask for a CLI, but @AllZero beat me

to the punch. You can also request a product change (PC)

to a Cash Rewards card as well. You're certainly on the right track now, and Navy Fed

will do right by you as long as you continue to do right by them. Thanks for sharing!

Re: NFCU Secured Graduation @ 15 Months !

UH_HUH — Sun, 24 May 2020 22:50:28 GMT

@Anonymous wrote:
Hello!

New poster here, long time lurker!

I wanted to take a sec to share my experience and provide data points for the community.
You guys have have helped me out tremendeously with my credit !

I opened NFCU nRewards Secured Card Febuary 2019 with $1000 deposit. Carried a $750ish balance for almost a year. Then started to take things serious and paid the card down in full, used it for light spending 200 - 300 , PIF before statement cut. Well I was not able to post payment before this months statement cut, statement balance $997.98 lol. so I logged into my Navy accounts in the early morning to check on everything like I usually do, and noticiced my credit limit incresed to $2000! My $1000 deposit was also released to my NFCU savings account!
My apr has also automatically dropped on the card to 15.99%

Fico score provided from NFCU at time of card opening: 472 / Last refresh earlier this month shows 687 on NFCU app.
Income: $57,000 / DTI: 29% / Chapter 7 Discharged January 2018
I was approved for a $500 CLOC last month, and a pandemic relief loan $3500 all from Navy. I have been a NFCU member since January 2018, and also was able to snag a $30,000 truck loan from them last year! They have been my main financial institution, all my income is deposited into checking. They have never requested POI for anything I have applied for.
Thanks again for everyone guiding me down the NFCU path, I could not have accomplished any of this without the help of these boards!

Also Happy Memorial Day weekend, thanks for everyone who has served, and lets not forget the strong military families that stand behind our troops!

Take care all and God Bless

First time post? You nailed everyones preferences.

Data points that help everyone,

great human intrest stuff

and remembering the fallen troops.

Welcome to MyFico!!!!

Thanks you so much for sharing your story and CONGRATULATIONS!!!

Cheers

Re: NFCU Secured Graduation @ 15 Months !

EverForward — Sun, 24 May 2020 23:07:26 GMT

Congratulations 🎊🎈🍾🎉

Re: NFCU Secured Graduation @ 15 Months !

M_Smart007 — Sun, 24 May 2020 23:14:58 GMT

Welcome To myFICO Forums and

Re: NFCU Secured Graduation @ 15 Months !

coreyb80 — Sun, 24 May 2020 23:54:49 GMT

Congrats on the graduation and success with Navy!!

Re: NFCU Secured Graduation @ 15 Months !

Anonymous — Mon, 25 May 2020 00:03:25 GMT

@Anonymous wrote:
... I wanted to take a sec to share my experience and provide data points for the community ...

That's the spirit! & beautifully done. Thanks for sharing the DPs and your story -- good stuff. Congrats! on your graduation.

Re: NFCU Secured Graduation @ 15 Months !

pt91978 — Mon, 25 May 2020 00:04:41 GMT

Congrats J-Marr.!!

Like @AllZero suggested, you should try for an additional CLI using their website for faster response. GL!!

Re: NFCU Secured Graduation @ 15 Months !

nuohlac — Mon, 25 May 2020 01:20:25 GMT

Congratulations on your graduation and CLI!!!

Re: NFCU Secured Graduation @ 15 Months !

Anonymous — Mon, 25 May 2020 04:32:44 GMT

Congratulations

Re: NFCU Secured Graduation @ 15 Months !

CreditAggie — Mon, 25 May 2020 05:44:34 GMT

Congratulations on your NFCU graduation and CLI!

Re: NFCU Secured Graduation @ 15 Months !

19eighty5 — Mon, 25 May 2020 16:10:13 GMT

Congratulations!

Re: NFCU Secured Graduation @ 15 Months !

Anonymous — Tue, 26 May 2020 23:29:02 GMT

Hey everyone,

Hope all is well! I wanted to give an update on my Navy card.

As you pointed out , I was able to score a sp CLI of $500 on my newly graduated NFCU card!

Its not the largest increase , but ill take it I love Navy! lol, So to recap, limit on the card went from $1000 > $2000 > $2500!

I also product changed to a Cash Rewards card ! Thanks for the advice and encouragement @AllZero , and @Anonymous , @pt91978 and everyone else that gave me a Kudos and replied to my post, this community rocks !