topic NFCU CLI in Credit Card Applications

NFCU CLI

Anonymous — Sun, 16 Apr 2017 04:39:57 GMT

90+ Days 3 statements on both Checking & Savings and GO Rewards Card. Under review, will let me know within 24hrs.

Re: NFCU CLI

Aduke1122 — Sun, 16 Apr 2017 04:44:12 GMT

Good luck to you !

Re: NFCU CLI

Aduke1122 — Sun, 16 Apr 2017 04:44:50 GMT

Don't be surprised if it takes more than 25 hrs being the weekend and a Holiday at that

Re: NFCU CLI

Aduke1122 — Sun, 16 Apr 2017 04:45:10 GMT

24 hour sorry

Re: NFCU CLI

Anonymous — Sun, 16 Apr 2017 04:48:01 GMT

Thx.. Hopefully, Easter brings me some good luck / luv.

Re: NFCU CLI

Anonymous — Sun, 16 Apr 2017 05:00:45 GMT

Good luck to you. I have decided not to ever ask for a CLI or any other CCs. They gave me a SL of $18k on a cash rewards card. That was as generous as any bank ever. Hopefully you get a huge CLI (we don't know what your SL was). I'm just thankful for being a member of the best CU on earth.

Re: NFCU CLI

Anonymous — Sun, 16 Apr 2017 05:03:42 GMT

SL was 1700.. I asked for maximum amount available.

Re: NFCU CLI

sdsoccerdad — Sun, 16 Apr 2017 12:37:27 GMT

Good luck to you! I just reached 90+ days and had 4 statements cut. I put in a CLI request for max amount and also received the 24 hour message. I did not want to take a chance of it being denied and possible hp so I quickly called and canceled. I'll probably try again after AR happens.

Re: NFCU CLI

Anonymous — Mon, 17 Apr 2017 00:23:48 GMT

They sure are taking their time on letting me know.. Hope the increase is worth the wait. 24hr reviews are stressful. I applied for it at 1am this morning, so 1am 4/17 would be 24hrs. It didn't take them this long on my 15k cloc. They said 1hr on it and boom 10 mins later approved. Of course it wasn't on a holiday weekend either tho.

Re: NFCU CLI

Aduke1122 — Mon, 17 Apr 2017 05:06:50 GMT

Give it til tom and if you don't hear back call them , most times when it's completely silent it is a denial for me anyways

Re: NFCU CLI

Anonymous — Mon, 17 Apr 2017 06:24:19 GMT

Well I just called in. CLI Denied. Approval on the 15K cloc no problem.. I don't get it.

Re: NFCU CLI

Aduke1122 — Mon, 17 Apr 2017 18:17:49 GMT

Sorry to hear that , Navy Fed is a strange duck , I have had a cc wth them for almost 10 mths , I had to recon my approval back last summer so they gave me a 500SL , back then I was still very early on in my rebuilding and still had baddies , well now that my reports are clean and my scores have went up drastically they still won't give me a CLI or Cloc for that matter , so I'm stuck at 500 CL

Re: NFCU CLI

Aduke1122 — Mon, 17 Apr 2017 18:18:21 GMT

Don't get to frustrated or discouraged just try again after the next AR

Re: NFCU CLI

Anonymous — Mon, 17 Apr 2017 23:23:48 GMT

Subject: Credit Line Increase

Navy Federal Response 04/17/2017 :

Thank you for your message. We received your inquiry for reconsideration on your line of credit. Because we take our members' concerns seriously, we conducted a second review of your application. After careful consideration, we have determined that you do not qualify for any additional credit at this time due to your account is too new. Our records indicate your GOREWARDS Visa account has been opened since February 2, 2017. Every financial institution has its own guidelines and qualification factors to determine a line of credit. Unfortunately, at this time we are unable to increase your line of credit.

In addition, it is suggested that you demonstrate creditworthiness by properly maintaining your existing account for an extended period of time before requesting a credit line increase. At the time your account was processed you were approved for the maximum you qualified for. If you have any questions, please contact us anytime at 888-842-6328.

When is there next AR and should I try it again then?

Valued Contributor

Posts: 2,858

Registered: ‎05-25-2016

Re: NFCU CLI

‎04-17-2017 11:18 AM

Don't get to frustrated or discouraged just try again after the next AR

Valued Contributor

Posts: 2,858

Registered: ‎05-25-2016

Re: NFCU CLI

‎04-17-2017 11:18 AM

Don't get to frustrated or discouraged just try again after the next AR

Valued Contributor

Posts: 2,858

Registered: ‎05-25-2016

Re: NFCU CLI

‎04-17-2017 11:18 AM

Don't get to frustrated or discouraged just try again after the next AR

Re: NFCU CLI

Anonymous — Tue, 18 Apr 2017 01:13:03 GMT

From reading their response, it looks like your card was opened February 2nd. Give it until after May 2nd. That'll put you at 90+ days the account has been open and a fresh AR.

Re: NFCU CLI

Anonymous — Tue, 18 Apr 2017 02:11:29 GMT

Both the Checking & Savings, along with the Go Rewards card was opened on 2/2/17. I was counting Feb, Mar, Apr as my 90 days since 3 statements have been cut already for each. Do you think they are counting Mar, Apr, May as my 90 days? If that is the case then no wonder they declined it. How long after should I wait to try

Established Member

Posts: 19

Registered: ‎09-06-2016

Re: NFCU CLI

‎04-17-2017 06:13 PM

From reading their response, it looks like your card was opened February 2nd. Give it until after May 2nd. That'll put you at 90+ days the account has been open and a fresh AR.

Re: NFCU CLI

CreditInspired — Tue, 18 Apr 2017 02:31:34 GMT

Since the account wasn't opened until Feb 2, the first statement cut probably wasn't until end of Feb, early March. Somewhat agree with FloridaElement, wait until after May 2 to try again. But if it were me, I would wait for 6 statements to cut because their response is very specific about this being a "new" account, telling you how to demonstrate creditworthiness by maintaining it an "extended" amount of time before requesting a CLI, and letting you know they gave you the maximum CL allowed when you were approved. Good luck.

Re: NFCU CLI

Anonymous — Tue, 18 Apr 2017 03:35:11 GMT

They go by 90 calender days, which would put you at May 7th.