topic Re: Well, Should I try for that 3rd NFCU card now that I am clean on TU in Credit Card Approvals

Approved for NFCU Cash Rewards - 3rd Card Approved Lower Limit, Recon'd to $25K!!!!

spiritcraft1 — Thu, 06 May 2021 17:32:01 GMT

Could it be that the 6th time is the charm? My TU F09 score rose 146 points overnight as my last derog fell off. With so many denials over the last 2 years, I am leery. My last CLI was on 3/18/21.

Right now.

TU F09 = 843

DTI = <7%

INQ's last 12 = 2 (NFCU Denials)

Income to support 25k easily

Should I? To tell you the truth, I want a reward for this patience and 7 years of being unworthy.

Edited to add: Approved at $5k, Reconsideration message a success, SL raised to $25k

Re: Well, Should I try for that 3rd NFCU card now that I am clean on TU

M_Smart007 — Sat, 01 May 2021 14:01:02 GMT

@spiritcraft1, What are you waiting for?

Re: Well, Should I try for that 3rd NFCU card now that I am clean on TU

spiritcraft1 — Sat, 01 May 2021 14:03:19 GMT

@M_Smart007 wrote:
@spiritcraft1, What are you waiting for?

Thanks... you have consoled me after a few of these denials.. what the H, it's only an inquiry, it's only and inquiry, it's only...

Re: Well, Should I try for that 3rd NFCU card now that I am clean on TU

Anonymous — Sat, 01 May 2021 14:12:11 GMT

pull the trigger!

sending luck your way.

Re: Well, Should I try for that 3rd NFCU card now that I am clean on TU

Mr_Mojo_Risin — Sat, 01 May 2021 14:14:15 GMT

That's an enormous score jump!

Your stats are looking good, I think you have a good chance.

Re: Well, Should I try for that 3rd NFCU card now that I am clean on TU

spiritcraft1 — Sat, 01 May 2021 14:15:22 GMT

Good God,

5K @ 9.65%

My Daughter received $25k two months ago, she is 19., makes 20% of what I do and her F09 is 75 points lower... Wow.

I sent them a nice secure message to reconsider the SL.

6 years of perfect history... just wow. What a let down.

Re: Well, Should I try for that 3rd NFCU card now that I am clean on TU

gdale6 — Sat, 01 May 2021 14:56:18 GMT

Grats on your new navy card!

Has your daughter ever had derogs on file..... Even though your file may be clean their computers dont forget that you had them. Another thing I have noticed is the higher above 800 on the fico the more frequent the denials and/or lower SLs than what one has on file.

Re: Well, Should I try for that 3rd NFCU card now that I am clean on TU

M_Smart007 — Sat, 01 May 2021 14:58:37 GMT

@spiritcraft1 wrote:
Good God,

5K @ 9.65%
My Daughter received $25k two months ago, she is 19., makes 20% of what I do and her F09 is 75 points lower... Wow.
I sent them a nice secure message to reconsider the SL.

6 years of perfect history... just wow. What a let down.

@spiritcraft1, At least it is not $1K .. approval is better than denial.

Wishing you the best on reconsideration.

Re: Well, Should I try for that 3rd NFCU card now that I am clean on TU

spiritcraft1 — Sat, 01 May 2021 15:04:07 GMT

@M_Smart007 wrote:
@spiritcraft1 wrote:
Good God,

5K @ 9.65%
My Daughter received $25k two months ago, she is 19., makes 20% of what I do and her F09 is 75 points lower... Wow.
I sent them a nice secure message to reconsider the SL.

6 years of perfect history... just wow. What a let down.
@spiritcraft1, At least it is not $1K .. approval is better than denial.
Wishing you the best on reconsideration.

Yes, but man I have treated NFCU right. I ran 3 mil through them on the business side over 4 years as well.... not one issue ever. Ah well. They love the DW and family but me, not so much. Await my next post... I am feeling much better!

Re: Well, Should I try for that 3rd NFCU card now that I am clean on TU

M_Smart007 — Sat, 01 May 2021 15:13:15 GMT

@spiritcraft1, I know it is kind of a letdown (You still have recon)

I think on the business side of Navy, they do not look at it for personal. (just a guess)

I have learned to temper my expectations when it comes to Starting Credit limits.

Again, Good luck on the recon .. I hope you knock it outta da park!

Re: Well, Should I try for that 3rd NFCU card now that I am clean on TU

CreditAggie — Sat, 01 May 2021 15:25:15 GMT

Congratulations on your NFCU approval!

Re: Well, Should I try for that 3rd NFCU card now that I am clean on TU

mystikal1 — Sat, 01 May 2021 15:31:13 GMT

Congrats on Navy approval

Re: Well, Should I try for that 3rd NFCU card now that I am clean on TU

Anonymous — Sat, 01 May 2021 15:31:58 GMT

Congrats on your 3rd NFCU card!

Re: Well, Should I try for that 3rd NFCU card now that I am clean on TU

AllZero — Sat, 01 May 2021 16:21:11 GMT

Congratulations on your approval!

Re: Well, Should I try for that 3rd NFCU card now that I am clean on TU

spiritcraft1 — Sat, 01 May 2021 16:31:29 GMT

If this SL recon does not work at all what are the rules regarding consolidation?

Options

Get the $200 bonus and close it later. (serves 'em right IMO)
Move the limit to my Flagship if possible and close (I use that card heavily)
Just Close it and chalk it up to NFCU Weirdness

Any ideas?

Re: Well, Should I try for that 3rd NFCU card now that I am clean on TU

M_Smart007 — Sat, 01 May 2021 17:00:15 GMT

@spiritcraft1 wrote:
If this SL recon does not work at all what are the rules regarding consolidation?

Options
Get the $200 bonus and close it later. (serves 'em right IMO)
Move the limit to my Flagship if possible and close (I use that card heavily)
Just Close it and chalk it up to NFCU Weirdness

Any ideas?

@spiritcraft1,

If it were Me .

I would take the SUB, shoot for the 91/3 "CLI" and then see if you still want to close and re-allocate the CL.

Just my 2 cents.

Re: Well, Should I try for that 3rd NFCU card now that I am clean on TU

Mr_Mojo_Risin — Sat, 01 May 2021 17:01:26 GMT

@spiritcraft1 wrote:
If this SL recon does not work at all what are the rules regarding consolidation?

Options
Get the $200 bonus and close it later. (serves 'em right IMO)
Move the limit to my Flagship if possible and close (I use that card heavily)
Just Close it and chalk it up to NFCU Weirdness

Any ideas?

Congrats on the approval.

I would definitely get the SUB before you do anything. If it was me I wouldn't close the card. Navy cards usually grow nicely, seems most people are getting 4K every CLI.

After a year or 2 you could possibly add 16K in CLI's.

Re: Well, Should I try for that 3rd NFCU card now that I am clean on TU

spiritcraft1 — Sat, 01 May 2021 17:06:58 GMT

@M_Smart007 wrote:
@spiritcraft1 wrote:
If this SL recon does not work at all what are the rules regarding consolidation?

Options
Get the $200 bonus and close it later. (serves 'em right IMO)
Move the limit to my Flagship if possible and close (I use that card heavily)
Just Close it and chalk it up to NFCU Weirdness

Any ideas?

@spiritcraft1,
If it were Me .
I would take the SUB, shoot for the 91/3 "CLI" and then see if you still want to close and re-allocate the CL.
Just my 2 cents.

That sounds like a plan. My EQ F09 will be at the very least in the mid 700's by then, perhaps way higher so they may start giving me max CLI's. Growing it $500 every 6 months would not be good though! I just thought for sure it was going to be a $25k approval, just goes to show you. They have always had a rep for giving out max SL's for upper 600's and smaller limits to higher FICO score folks. That used to be the case anyway. I will spend the requirement right away and pay it off; do what is right for me and stop worring what they think.

Re: Well, Should I try for that 3rd NFCU card now that I am clean on TU

CreditMagic7 — Sat, 01 May 2021 17:11:57 GMT

Congrats on your 3rd NFCU card!

NFCU is definitely not the same as their rep stood since i remember them first breaking onto this credit forum board.

Re: Well, Should I try for that 3rd NFCU card now that I am clean on TU

spiritcraft1 — Sat, 01 May 2021 17:33:44 GMT

@gdale6 wrote:
Grats on your new navy card!

Has your daughter ever had derogs on file..... Even though your file may be clean their computers dont forget that you had them. Another thing I have noticed is the higher above 800 on the fico the more frequent the denials and/or lower SLs than what one has on file.

No, she just have a young file with a year old 2k CB card. Interesting, I wonder how long that memory lasts? It is strange how NFCU also responds to higher FICO scores. They gave me a $8.2K Flagship with a 590 FICO 3 years ago...