topic Re: DCU pre approvals in Credit Card Applications

DCU pre approvals

Hex — Sat, 07 Apr 2018 15:38:11 GMT

I was wondering if DCU has released their pre approvals for April yet. If you have received any offers please post. Thanks.

Re: DCU pre approvals

Anonymous — Sat, 07 Apr 2018 21:28:32 GMT

I have never received one from them. Had a car refinance paid in full, have primary checking with them with direct deposit. Have savings and money market and Platinum credit card. Clean scores and a FICO5 at 760.

And I NEVER get any offers.

Re: DCU pre approvals

Meanmchine — Sun, 08 Apr 2018 02:30:52 GMT

@Anonymous wrote:
I have never received one from them. Had a car refinance paid in full, have primary checking with them with direct deposit. Have savings and money market and Platinum credit card. Clean scores and a FICO5 at 760.

And I NEVER get any offers.

Sounds like me and Cap1

Re: DCU pre approvals

Mahraja — Sun, 08 Apr 2018 08:10:05 GMT

i have 5 pre approvals as of today one of those are personal and personal loan same product twice (strange)but the others are Auto related like refinance and auto loan motorcycle loan etc i have DCU visa platinum @30k and checking account ... i am going to ask them if i can use the personal loan sp offer switch to credit increase for visa lets see ...

Re: DCU pre approvals

Jnbmom — Sun, 08 Apr 2018 08:21:29 GMT

Where do you see the preapprovals on your accounts?

Re: DCU pre approvals

Mahraja — Sun, 08 Apr 2018 08:34:59 GMT

after you log in go to loan suite its all there...

Re: DCU pre approvals

Jnbmom — Sun, 08 Apr 2018 09:08:00 GMT

ok that ok thanks. It lists a ton I am sure I am not approved for them LOL

Re: DCU pre approvals

Anonymous — Sun, 08 Apr 2018 13:48:26 GMT

does it mean if you have preapprovals its a Soft Pull?

I m in DCU for

Auto Refi & Credit cards.

My question is

if no preapprovals, no checking account and no direct deposit when applying for Auto Refi & CC, is the credit pull used for the same thing. I had a credit pull 2 weeks ago for Auto Refi with 708 Fico5 Score ( 3.49% APR approval for 65 months; Credit Pull 04/03/2018) and waiting on submitting docs to them, wondering if they would use the same credit pull while applying for their credit card/personal loans. I m told they dont have a PLOC?

Re: DCU pre approvals

coldfusion — Sun, 08 Apr 2018 13:55:42 GMT

Under the Loan Suite each loan type has a light green APPLY button. If you have a preapproval/prequalification for a given loan type its button will instead be dark green and say "ACCEPT" and the text will say "APPROVED UP TO" with dollar figure and APR.

If you're preapproved it is a soft pull.

Re: DCU pre approvals

DaveInAZ — Sun, 08 Apr 2018 16:20:51 GMT

@coldfusion wrote:
Under the Loan Suite each loan type has a light green APPLY button. If you have a preapproval/prequalification for a given loan type its button will instead be dark green and say "ACCEPT" and the text will say "APPROVED UP TO" with dollar figure and APR.

If you're preapproved it is a soft pull.

Ah! thanks. It is confusing as at the top it says "Please note that taking advantage of one or more of these pre-approval or pre-qualification offers, if applicable, may impact the status of your remaining offers". I have a ton of "offers", but they're all light green with APPLY. I just joined them in October to refi my auto loan and have checking with direct deposit for the .5% discount on the car loan + savings with $1k for the 5% interest. Not much else they have interests me. I'd consider a Personal Line of Credit if they offered it, but don't need or want a personal loan.

Re: DCU pre approvals

Raiderguy8 — Sun, 08 Apr 2018 23:32:59 GMT

Thanks for letting us know about the soft pull. I have had a 7K increase for my VISA for a while but I wasn't going to accept if it was a hard pull. Went from 3K to 10K just like that. Not too bad especially since I just paid off my car loan with them. They didn't hold any hard feelings I guess. Does anyone know if DCU's Visa can become a signature Visa?

Re: DCU pre approvals

Anonymous — Sun, 08 Apr 2018 23:57:36 GMT

@Anonymous wrote:

does it mean if you have preapprovals its a Soft Pull?

I m in DCU for
Auto Refi & Credit cards.
My question is
if no preapprovals, no checking account and no direct deposit when applying for Auto Refi & CC, is the credit pull used for the same thing. I had a credit pull 2 weeks ago for Auto Refi with 708 Fico5 Score ( 3.49% APR approval for 65 months; Credit Pull 04/03/2018) and waiting on submitting docs to them, wondering if they would use the same credit pull while applying for their credit card/personal loans. I m told they dont have a PLOC?

All you have to do is look at their products page. They do not have PLOC products. Are you sure you talking about DCU? Why are you "waiting on submitting docs to them" for your auto refinance? You will need to join before they allow final approval on any product.

Once a member, you can apply for as many products as you want in the first 30 days after your first hard pull. Used to be 45 days.

Re: DCU pre approvals

Jnbmom — Mon, 09 Apr 2018 00:15:48 GMT

If you're preapproved it is a soft pull.

Thanks all light green on mine no preapprovals yet with them............................

Re: DCU pre approvals

Anonymous — Mon, 09 Apr 2018 00:21:07 GMT

Well, i m already a member of DCU, however,

a) i became member three weeks ago from 03/22/18 by opening a savings account only so no hard pull.

b) Once member, i applied for Auto Refi and submitted documents; EQ hard pull

c) Having pulled that EQ, i m thinking other products with EQ 5 FICO being 708, what can i apply for? thought PLOC but they dont have it. so VISA and Personal Loan products.

d) As of now, i have no intentions of having a Direct deposit & checking acct with DCU. Loss of half% but its ok.

So reason for my post was the pull for EQ good for 30 days from applying for Auto Refi, not the Membership application.

Re: DCU pre approvals

Mahraja — Mon, 09 Apr 2018 01:24:05 GMT

+1 donny at the first 30 days part and for the rest below is the screen shot for reference about pre approved offers whatever says Accept = sp 100% done that before if apply only than its HP and DCU has no visa signature only visa version i am @30k and still its only a platinum visa

Re: DCU pre approvals

DaveInAZ — Mon, 09 Apr 2018 17:38:34 GMT

@Anonymous wrote:

Well, i m already a member of DCU, however,

a) i became member three weeks ago from 03/22/18 by opening a savings account only so no hard pull.
b) Once member, i applied for Auto Refi and submitted documents; EQ hard pull
c) Having pulled that EQ, i m thinking other products with EQ 5 FICO being 708, what can i apply for? thought PLOC but they dont have it. so VISA and Personal Loan products.
d) As of now, i have no intentions of having a Direct deposit & checking acct with DCU. Loss of half% but its ok.

So reason for my post was the pull for EQ good for 30 days from applying for Auto Refi, not the Membership application.

No, they don't offer a PLOC, but their Visa Platinum can pretty much be used as a PLOC as it has no fee cash advance and/or BTs. If they ever offer me a pre-qual SP for their Visa I'll go for it, but I have similar no fee CA/BT from my local southern AZ CU and I've yet to use it for that.

Re: DCU pre approvals

Anonymous — Mon, 09 Apr 2018 20:42:33 GMT

@ DaveInAZ

My issue is whether to wait for a pre-approval or use this credit they have already pulled for auto refi & apply for platinum visa. eq FICO5 708 should be an approval for visa.

Re: DCU pre approvals

DaveInAZ — Mon, 09 Apr 2018 21:28:52 GMT

@Anonymous wrote:
@ DaveInAZ
My issue is whether to wait for a pre-approval or use this credit they have already pulled for auto refi & apply for platinum visa. eq FICO5 708 should be an approval for visa.

Ah yes, I missed that. I have no direct experience, I joined in October with both checking & savings so I took a HP for that. Then immediately app'd for & approved for a car loan refi with the same HP. But most DCU members say a HP is good for 30 days. Since the Equifax data breach last fall I have all 3 of my credit reports locked with a service from each of them, so I make sure I don't get any unexpected HPs, in addition to making sure no one else apps for credit in my name.

If you want to make sure you don't get another HP you can call them & apply by phone, asking them if it will be another HP to apply.