topic NFCU: membership app vs credit app? in Credit Card Applications

NFCU: membership app vs credit app?

Anonymous — Tue, 15 Nov 2016 21:31:15 GMT

My TU score, 690 (all my HP's seem to gravitate to TU) is significantly lower than my EQ score, 720.

Im about to apply for membership then, if approved, for credit.

Will my lower TU score penalize or thwart my credit chances; will they hold that against me? Or do the two pulls not really 'intersect?'

I will obviously be new to NFCU and want to start off on the best foot.

Any suggestions appreciated.

Thanks.

Re: NFCU: membership app vs credit app?

Scupra — Tue, 15 Nov 2016 23:37:00 GMT

I don't think you will have any problems with NFCU

Re: NFCU: membership app vs credit app?

Dalmus — Wed, 16 Nov 2016 21:57:29 GMT

@Anonymous wrote:
My TU score, 690 (all my HP's seem to gravitate to TU) is significantly lower than my EQ score, 720.
Im about to apply for membership then, if approved, for credit.
Will my lower TU score penalize or thwart my credit chances; will they hold that against me? Or do the two pulls not really 'intersect?'

I will obviously be new to NFCU and want to start off on the best foot.

Any suggestions appreciated.

Thanks.

When I applied for a credit card, I was right around 690 on all three CRA's, and probably had roughly 12-14 INQ's on each, about half of those under 1 year old and about 25% util.

I had to recon, but they approved me for a fantastic (for me) starting limit.

You should be good to go unless there's something in your credit that the automated system doesn't like. In my case, I believe it was the number of cards that had a balance and AAOA (I'm at about 2.5 years). Luckily, I could show that I had paid several off and they weren't yet reporting. That seemed to make the underwriter feel warm and fuzzy.

Good luck!