topic Re: Official NFCU CLI Guide in Credit Card Applications

Official NFCU CLI Guide

Creditaddict — Fri, 12 Feb 2016 15:45:38 GMT

You have a Q?

I have an A!

UPDATED 02/12/2016

Q: Is it possible to know before requesting if my account will be eligible without a HP?

A: If you access your full Equifax report and look at SP/Promotional Inquiries you will see (NAVY AR) and they will be every 3 months like clock work once you see the first one... IF at any time you are going to have a better chance of a sp increase it will be after that AR has been done.

Q: I currently only have a $1k limit, won't asking for $25k just get my request Flat out Denied or HP for sure because of the large request?

A: All data shows that Navy allows requests up to $25k without review IF your account is eligible so if you request just $5k and it's instantly granted than you have left CL available to you by not asking for the full $25k and getting the instant counter.

Q: I get a message "A CONDITION EXISTS ON MY ACCOUNT AND I NEED TO CALL" Does that mean a SP CLI is not available?

A: This is an INTERNET ERROR with Navy, it has nothing to do with your account being able to get a CLI or not... you need to use Firefox, Chrome, Clear cookies, Clear Browser history and close out and restart in one of those browsers and try again. DO NOT CALL!

Q: I have been thinking about a Second Navy Card OR I applied for a Second Navy Card but was declined?

A: Navy use to allow you to use credit from an existing card to open a 2nd card, but they no longer will move CL's.

Q: When should I apply for NAVCheck/Checking Line of Credit (Navy has changed the name I believe) and for how much?

A: 1. Join Navy. 2. Apply for a Credit Card. 3. Apply for NavCheck 4. ALWAYS ASK FOR $15k (Just like with Credit Cards, Navy will counter if not the full amount and you can't ever ask for to much, it's called a counter for a reason!)

**In some instances for those that are in the low 600's or fresh out of a BK, Navy will deny and not counter a $15k ask but you can go back in and submit another application for $500 or $1k and many have had success getting in the door this way on the CLOC. If you can get approved at a low amount, then my general rule is usually after your first big CLI on credit card to then ask for the full $15k CL on CLOC. You request CLI on CLOC by going in like applying for a new CLOC and then the next page will ask if you are applying for new or CLI existing.

Q: When should I apply for my 2nd Navy Card?

A: EITHER when you hit $25k on your first card within 6 months OR After you successfully get your first SP CLI (Usually 3-6 months in my opinion).

**2nd cards are more difficult to get than in the past, some have best luck getting 2 cards back to back right in the beginning

Q: I received NavCheck but not for the full $15k, When should I go back and ask for CLI to $15k again?

A: After you successfully get your first SP CLI on your 1st credit card (It was about 3 months after opening for me)

***If you have high income and are willing to show it... sending in last 2 paystubs via secure message with a large ask or a recon on a 2nd card will go a long way!

Keep in mind an instant $25k approval on a credit card is the most the computer can give but if you send in 2 paystubs and CLI for the max of the card you applied for $50k or $80k if Flagship, they will do a manual review and counter you the real internal limit they will currently offer on that card... Take full advantage of those HP's!

Re: Can we have "OFFICIAL NFCU CLI - HOW IT WORKS!"

dddfresh — Sun, 28 Apr 2013 15:51:50 GMT

I got two HP and no CLI at 3 months. Very hard not to try again.

Re: Can we have "OFFICIAL NFCU CLI - HOW IT WORKS!"

Anonymous — Sun, 28 Apr 2013 15:51:52 GMT

I hope thats right Creditaddict, If not I will have like 20 hp's for all that instant. I will not ask for anything for another 5 years lmao...

Re: Can we have "OFFICIAL NFCU CLI - HOW IT WORKS!"

Creditaddict — Sun, 28 Apr 2013 15:55:54 GMT

@Anonymous wrote:
I hope thats right Creditaddict, If not I will have like 20 hp's for all that instant. I will not ask for anything for another 5 years lmao...

You are one of the latest that I hope confirms my thinking of just asking for $25k right out of the gate because you had to go back 10x and others have done this recently.

The only experience I have is on my partners card and he was at $25k and asking for $35 resulted in 3-5 day and a HP but was approved, so I don't know if that's a over $25k thing or if he just would have gotten the HP regardless.... I hope to soon be adding some more cards so I can test the theory more later possibly! haha but for now....

I think the other added note is Navy doesn't much seem to care about INQ, even if they do pull!

Re: Can we have "OFFICIAL NFCU CLI - HOW IT WORKS!"

LS2982 — Sun, 28 Apr 2013 16:06:05 GMT

Ya'll are so lucky to get NFCU, so jealous......

Re: Can we have "OFFICIAL NFCU CLI - HOW IT WORKS!"

Rhaeny — Sun, 28 Apr 2013 16:33:19 GMT

My experience is this regarding the length of time open before sp's are used.

Opened 12/22 - $2K recon to $5K

Requested CLI 3/10 - HP $7.5K

Requested CLI 4/8 - SP $10K

Requested CLI 4/24 - SP $15K

Requested CLI 4/25 - SP $20K

Requested CLI 4/27 - SP $22K requested $25K and countered at $22K

So on 4/8 I might as well have requested the full $25K and I would have gotten the counter !

Re: Can we have "OFFICIAL NFCU CLI - HOW IT WORKS!"

madmann26 — Sun, 28 Apr 2013 17:30:34 GMT

I support the making of this thread.

Re: Can we have "OFFICIAL NFCU CLI - HOW IT WORKS!"

calihlove75 — Sun, 28 Apr 2013 17:32:25 GMT

Uggh I am still too scared to hit the button..lol The success stories are killing me!!!

Re: Can we have "OFFICIAL NFCU CLI - HOW IT WORKS!"

Brusilov — Sun, 28 Apr 2013 17:38:03 GMT

I'd had strictly auto-CLIs from a starting limit of 5k up to 10.5K where it was currently. Decided to give this a try - asked flat out for 25,000 and they countered with 12,500. Soft pull. I'll have to keep doing this every once in a while! Thanks for the tip.

Re: Can we have "OFFICIAL NFCU CLI - HOW IT WORKS!"

Anonymous — Sun, 28 Apr 2013 17:44:44 GMT

@ creditaddict, thanks for putting this together for our fellow NFCU members.

Re: Can we have "OFFICIAL NFCU CLI - HOW IT WORKS!"

calihlove75 — Sun, 28 Apr 2013 17:47:25 GMT

@Brusilov wrote:
I'd had strictly auto-CLIs from a starting limit of 5k up to 10.5K where it was currently. Decided to give this a try - asked flat out for 25,000 and they countered with 12,500. Soft pull. I'll have to keep doing this every once in a while! Thanks for the tip.

How long have you had your card? I have had mine 10 months. When did you get your auto CLIs?

Re: Can we have "OFFICIAL NFCU CLI - HOW IT WORKS!"

Anonymous — Sun, 28 Apr 2013 18:38:08 GMT

Awesome thread. Should start updating with CLI, how long active, and balance. I think that could be helpful.

Re: Can we have "OFFICIAL NFCU CLI - HOW IT WORKS!"

Anonymous — Sun, 28 Apr 2013 19:41:22 GMT

I agree instant is aleays a SP and 3-5 message is always a hard also 3 to 4 month for cli seems to be accurate as for me

my cash reards went from 5k to 20 k in 8 months and my flagship went from 5k to 22k in also 8 months i always ask for 25k but always couter with 20 or 22 k.

my navyfed account::

cash rewards siggy 20K

nrewards visa 20K

Flagship siggy 22K

Navcheck 15K

personal loan 26K balance 11K

Re: Can we have "OFFICIAL NFCU CLI - HOW IT WORKS!"

PokemonMaster — Sun, 28 Apr 2013 20:04:21 GMT

I called in and sent a secure message and both told me it would be a hard pull for a CLI. Does that mean I am not eligible for a CLI with a soft pull? I thought I read that most reps will tell you it will be a hard pull no matter what but that it isn't always true. Should I tempt fate and try it? I am at 3.5k and I just want to get to 5k total.

Re: Can we have "OFFICIAL NFCU CLI - HOW IT WORKS!"

blunderer — Sun, 28 Apr 2013 20:07:09 GMT

Creditaddict - thx for starting this post.

I've had my Cash Rewards, recently upgraded to Visa Signature for 8 months. I went from $500 to $8,000 all HP's on EQ. All CLI were requested online.

Re: Can we have "OFFICIAL NFCU CLI - HOW IT WORKS!"

madmann26 — Sun, 28 Apr 2013 20:08:35 GMT

For me:

Opened cash Rewards - 12/2012 - 3k limit - 598 EQ

3/2012 - asked for cli - declined (asked for a lot)

4/2012 - asked for 1k cli - granted with HP - 4k limit

Week of 4/25 - asked for $500 - granted via SP

I did 3 more $500 requests - all granted instantly - 6k limit now.

I did one final request - asked for 17k - instant counter for 10k.

Re: Can we have "OFFICIAL NFCU CLI - HOW IT WORKS!"

Creditaddict — Sun, 28 Apr 2013 20:47:40 GMT

@PokemonMaster wrote:
I called in and sent a secure message and both told me it would be a hard pull for a CLI. Does that mean I am not eligible for a CLI with a soft pull? I thought I read that most reps will tell you it will be a hard pull no matter what but that it isn't always true. Should I tempt fate and try it? I am at 3.5k and I just want to get to 5k total.

They always say this.

Do it online and ask for $25k, bet you will end up with WAY more than $5k!

Re: Can we have "OFFICIAL NFCU CLI - HOW IT WORKS!"

CreditJunkie917 — Sun, 28 Apr 2013 21:18:48 GMT

No B.S., I've had my card for about a couple of weeks. It's at home with the wife while i'm here in Afghanistan(i have the cc number if i ever want to use it though) started off with $1000 limit, and a couple of days ago, decided to tap the luv button because of everyone posting on here about the outrageous limits they were getting. nothing instantly. took 2 HP's but got up to $10k in 3 days. I'm going to use the mess out of it this summer, PIF and then at the beginning of the new year, when my scores are up and history is established, go for $15-20K. And again, in my case, being active duty, the only thing I had to provide for the increase to $10K was my past 2 LES's.

Re: Can we have "OFFICIAL NFCU CLI - HOW IT WORKS!"

PokemonMaster — Sun, 28 Apr 2013 21:29:04 GMT

I filled out the form and hit submit. It popped back saying I could go up to 5000 instantly or submit for further review. I chose the 5000 instantly. Does that mean it was a soft pull?

Re: Can we have "OFFICIAL NFCU CLI - HOW IT WORKS!"

madmann26 — Sun, 28 Apr 2013 21:27:27 GMT

Yep

SP it is!