topic Re: NFCU Flagship QA in Credit Card Applications

NFCU Flagship QA

Anonymous — Sat, 29 Apr 2017 17:25:18 GMT

I recently applied for Navy GoReward and was approved for SL $15,500. I believe they pulled my TU and current score is high 600s. But really like the flagship card. I was wondering if they will give me a second card? Does anyone know of the possibilities? Would they pull my credit report again and hit me with another inquire? Any help would be great! Thanks everyone

Re: NFCU Flagship QA

Aduke1122 — Sat, 29 Apr 2017 17:53:30 GMT

Yes you can apply but it is recommended that you wait until you have your first card for at least 3 statements/+90 days and once you get approval for a CLI on your first card that is true best sign that you will get the 2nd one . Now ANY NEW APPLICATION with Navy fed will be a Hp no matter what , they are HP crazy . Also instead of apping for another card you can Pc your current one to the Flagship without a HP I am almost certain

Re: NFCU Flagship QA

Anonymous — Sat, 29 Apr 2017 17:56:27 GMT

Thanks for the response. I suppose I can wait since there's no reason for me to rush. I do want a second card eventually with navy. Any advice on the Navchek ... thinking of applying

Re: NFCU Flagship QA

Aduke1122 — Sat, 29 Apr 2017 17:57:57 GMT

Sorry I just read your other approval post , Op I would most definitely wait on any other apps esp being you just got approved for this one and it was not an instant approval. They just gave you this wonderful SL and approval just give it 3 to 6 mths of usage and then try your hand . But you can call to ask about a Pc

Re: NFCU Flagship QA

Aduke1122 — Sat, 29 Apr 2017 17:59:18 GMT

Most ppl who get a good approval for CC go ahead and app for the Cloc at the same time , again it will be another HP and it is a different dept so it has different Underwriting standards

Re: NFCU Flagship QA

Aduke1122 — Sat, 29 Apr 2017 18:00:01 GMT

Also when I said wait on any other app I mean any other credit card apps , I think you would be ok to try for the Cloc

Re: NFCU Flagship QA

Anonymous — Sat, 29 Apr 2017 18:04:07 GMT

I really like the idea of CLOC but really nervous about apping for it. I'm afraid I might get denied. Do you know who they pull through ? Eq Ex or TU

Re: NFCU Flagship QA

Aduke1122 — Sat, 29 Apr 2017 18:09:21 GMT

Most times for the Cloc it will be EQ and some
Have reported double pulls on both EQ and TU , in the last month their have also been reports or Ex pulls but most common is Eq for loan products which Cloc is under the Loan dept

Re: NFCU Flagship QA

Aduke1122 — Sat, 29 Apr 2017 18:10:12 GMT

As long as your profile supports it you will do fine , they don't like to see high Utilization or any new negatives also

Re: NFCU Flagship QA

Aduke1122 — Sat, 29 Apr 2017 18:13:02 GMT

Also they use their own scoring model along with Fico 04s I believe , I know it's not fico 08

Re: NFCU Flagship QA

creditwraith — Fri, 05 May 2017 16:41:08 GMT

They use there own scoring model. It ranges from 100-450 and recently I scored like 275 and got their Cash Rewards with a 8k limit at 15%. One of my Ventures had a high UTI at the time when I apped. They send a sheet that tells you what your score was and what items drag it down. On mine, they listed High UTI on an account, recent Inq, and something else I cant remember at the moment. Looking forward to my first CLI request around 4 months because my UTI will be under 10% on every account. In October Ill probably grab their CLOC and FlagShip.

Re: NFCU Flagship QA

Anonymous — Sun, 07 May 2017 14:03:03 GMT

@Anonymous wrote:
I recently applied for Navy GoReward and was approved for SL $15,500. I believe they pulled my TU and current score is high 600s. But really like the flagship card. I was wondering if they will give me a second card? Does anyone know of the possibilities? Would they pull my credit report again and hit me with another inquire? Any help would be great! Thanks everyone

You could always forgo the second application and send them a message for a product change. They will change you over to the Flagship if you want it.

Re: NFCU Flagship QA

Anonymous — Sun, 07 May 2017 15:59:59 GMT

Wow that's awesome MrP thanks I might do that

Re: NFCU Flagship QA

fltireguy — Sun, 07 May 2017 17:30:02 GMT

@Aduke1122 wrote:
Also they use their own scoring model along with Fico 04s I believe , I know it's not fico 08

I applied for a loan with NFCU the other day for a new RV my SO and I are purchasing (it was aproved..)..

Pulled EQ 681, which matches up with my FICO5 score from that day (my quarterly update was the same day) - so I am pretty sure that is what they are using

Re: NFCU Flagship QA

Aduke1122 — Sun, 07 May 2017 18:01:05 GMT

Yes thanks Fltireguy I knew it was one of the older Fico Models , and I know they sometimes use their own model also

Re: NFCU Flagship QA

Anonymous — Sun, 07 May 2017 18:08:15 GMT

I think their own scoring model is just the Credit Card department. When I did a car loan I didn't get the Navy Score, but did on my CC.

Re: NFCU Flagship QA

Aduke1122 — Sun, 07 May 2017 18:16:06 GMT

Probably so