topic Re: NASA FCU Credit Card Declined in Credit Card Applications

NASA FCU Credit Card Declined

DOHCrazy — Tue, 02 Dec 2014 02:23:16 GMT

Current EX score is 687. TU is 717. EQ is 683.

11% Utilization (all on one card for some 0% financing on dental work ) 108k stated income (usually higher but I'm 100% commission.)

One auto loan. 11 open cards. No lates on anything. $67,000 in available revolving credit.

One paid Sudenlink collection account from 2009 for $259.

Applied for a membership and was instantly approved. Applied for a credit card saturday night and went ahead and uploaded my DL, paystubs, and proof of residency.

Application was declined today. Reason was "Excessive Open Revolving Accounts and/or Borrowing Capacity. Excessive Recently Opened Trades."

Re: NASA FCU Credit Card Declined

CreditCuriosity — Tue, 02 Dec 2014 02:23:28 GMT

Hopefully only a SP

Re: NASA FCU Credit Card Declined

Creditwiser — Tue, 02 Dec 2014 02:29:00 GMT

I would call and try a recon. Remind them that you have 11% UTL and no lates.

Re: NASA FCU Credit Card Declined

JustinS — Tue, 02 Dec 2014 19:46:39 GMT

@DOHCrazy wrote:
Current EX score is 687. TU is 717. EQ is 683.

11% Utilization (all on one card for some 0% financing on dental work ) 108k stated income (usually higher but I'm 100% commission.)

One auto loan. 11 open cards. No lates on anything. $67,000 in available revolving credit.

One paid Sudenlink collection account from 2009 for $259.

Applied for a membership and was instantly approved. Applied for a credit card saturday night and went ahead and uploaded my DL, paystubs, and proof of residency.

Application was declined today. Reason was "Excessive Open Revolving Accounts and/or Borrowing Capacity. Excessive Recently Opened Trades."

I was in the same boat. Denied on recon as well for NASA FCU's credit card. They cited too much open credit just as your denial reason.

Re: NASA FCU Credit Card Declined

joedtx — Wed, 03 Dec 2014 02:27:16 GMT

@JustinS wrote:
@DOHCrazy wrote:
Current EX score is 687. TU is 717. EQ is 683.

11% Utilization (all on one card for some 0% financing on dental work ) 108k stated income (usually higher but I'm 100% commission.)

One auto loan. 11 open cards. No lates on anything. $67,000 in available revolving credit.

One paid Sudenlink collection account from 2009 for $259.

Applied for a membership and was instantly approved. Applied for a credit card saturday night and went ahead and uploaded my DL, paystubs, and proof of residency.

Application was declined today. Reason was "Excessive Open Revolving Accounts and/or Borrowing Capacity. Excessive Recently Opened Trades."

I was in the same boat. Denied on recon as well for NASA FCU's credit card. They cited too much open credit just as your denial reason.

Sorry for the decline it almost sounds like this is NASA's way of saying you have access to alot of money as oppossed to what PenFed likes to say to applicants

Re: NASA FCU Credit Card Declined

Kenny — Wed, 03 Dec 2014 03:07:32 GMT

It's interesting that this denial reason was given.. seems as the well has now ran dry because i have way more available credit than that and was approved during the rainy season. lol

Re: NASA FCU Credit Card Declined

juggalo9er — Wed, 03 Dec 2014 03:09:09 GMT

i had something like 15 inquiries when i was approved with 7 new accounts less than 1 year old

Re: NASA FCU Credit Card Declined

CreditCuriosity — Wed, 03 Dec 2014 03:15:21 GMT

Yes they have defffinetly tightened up there requirements, amounts the are giving and reasons for denials... Think the funds are getting dry and less to give out and keeping them for a rainy day.

Re: NASA FCU Credit Card Declined

vikingred — Sun, 04 Jan 2015 02:15:09 GMT

Yeah I got my savings account approved then immediately applied for the card and it was declined due to "Excessive Recently Opened Trades". Awe man, I only opened like 12 recently. Is that really too many? 650/635/750 scores. No delinquency, or COs. AAoA is about 4yrs. I reconned through their message system. Prolly won't do any good. Hope it's only an SP like people have said. Ah well. Pushed my luck. Garden for me for sure. 2 years at least. Did get a SCT Overstock card with 6500 limit, though. Yay.

Re: NASA FCU Credit Card Declined

Anonymous — Sun, 04 Jan 2015 02:18:46 GMT

@joedtx wrote:
@JustinS wrote:
@DOHCrazy wrote:
Current EX score is 687. TU is 717. EQ is 683.

11% Utilization (all on one card for some 0% financing on dental work ) 108k stated income (usually higher but I'm 100% commission.)

One auto loan. 11 open cards. No lates on anything. $67,000 in available revolving credit.

One paid Sudenlink collection account from 2009 for $259.

Applied for a membership and was instantly approved. Applied for a credit card saturday night and went ahead and uploaded my DL, paystubs, and proof of residency.

Application was declined today. Reason was "Excessive Open Revolving Accounts and/or Borrowing Capacity. Excessive Recently Opened Trades."

I was in the same boat. Denied on recon as well for NASA FCU's credit card. They cited too much open credit just as your denial reason.
Sorry for the decline it almost sounds like this is NASA's way of saying you have access to alot of money as oppossed to what PenFed likes to say to applicants

You mean "Pyramiding Debt" ?

Re: NASA FCU Credit Card Declined

tray — Sun, 04 Jan 2015 03:14:22 GMT

NASA is a tough credit union to crack for a credit card lately I have been denied 2X so far at least both soft pulls.... Good Luck...

Re: NASA FCU Credit Card Declined

vikingred — Sun, 04 Jan 2015 06:52:36 GMT

@tray wrote:
NASA is a tough credit union to crack for a credit card lately I have been denied 2X so far at least both soft pulls.... Good Luck...

Did you recon? If so, did you call in or send them a message through their message system online? I did my best to put together a reasonable explanation of my recent open accounts, etc. Wonder if it would help to call? Anyone have a recon backdoor number for NASA, I don't see it on the backdoor list.

Re: NASA FCU Credit Card Declined

tray — Sun, 04 Jan 2015 16:16:09 GMT

@vikingred wrote:
@tray wrote:
NASA is a tough credit union to crack for a credit card lately I have been denied 2X so far at least both soft pulls.... Good Luck...
Did you recon? If so, did you call in or send them a message through their message system online? I did my best to put together a reasonable explanation of my recent open accounts, etc. Wonder if it would help to call? Anyone have a recon backdoor number for NASA, I don't see it on the backdoor list.

I never did I have read that it is a waste of time.....

Re: NASA FCU Credit Card Declined

BarryNTexas — Sun, 04 Jan 2015 17:30:20 GMT

I tried recon and EO back in October (yes waste of time). Much of the reasons were the same as OPs. Their loss not mine... moving on to PenFed this year to become my second CU. If I really decide on needing a second.

@tray wrote:
@vikingred wrote:
@tray wrote:
NASA is a tough credit union to crack for a credit card lately I have been denied 2X so far at least both soft pulls.... Good Luck...
Did you recon? If so, did you call in or send them a message through their message system online? I did my best to put together a reasonable explanation of my recent open accounts, etc. Wonder if it would help to call? Anyone have a recon backdoor number for NASA, I don't see it on the backdoor list.
I never did I have read that it is a waste of time.....

Re: NASA FCU Credit Card Declined

Anonymous — Sun, 04 Jan 2015 17:54:52 GMT

@BarryNTexas wrote:
I tried recon and EO back in October (yes waste of time). Much of the reasons were the same as OPs. Their loss not mine... moving on to PenFed this year to become my second CU. If I really decide on needing a second.

@tray wrote:
@vikingred wrote:
@tray wrote:
NASA is a tough credit union to crack for a credit card lately I have been denied 2X so far at least both soft pulls.... Good Luck...
Did you recon? If so, did you call in or send them a message through their message system online? I did my best to put together a reasonable explanation of my recent open accounts, etc. Wonder if it would help to call? Anyone have a recon backdoor number for NASA, I don't see it on the backdoor list.
I never did I have read that it is a waste of time.....

was declined for the same reasons, tried to recon via email,

simply waste of time.

Re: NASA FCU Credit Card Declined

vikingred — Mon, 05 Jan 2015 06:08:33 GMT

Should I leave my $50 bucks in the savings account, and try again in a year, or withdraw it and ditch them?

Re: NASA FCU Credit Card Declined

1GaDawg85 — Mon, 05 Jan 2015 15:05:18 GMT

I would keep trying them...I know I will

Re: NASA FCU Credit Card Declined

Anonymous — Mon, 05 Jan 2015 16:51:25 GMT

@1GaDawg85 wrote:
I would keep trying them...I know I will

It's good for the soft pull, but I think most were attracted to the high CL, and now that appears to have gone, not sure it will ever return. I would be inclined to remove most (or all) of the money and go for the next big thing (whatever that turns out to be)

Re: NASA FCU Credit Card Declined

Anonymous — Tue, 26 Jan 2016 21:56:32 GMT

@vikingred wrote:
Should I leave my $50 bucks in the savings account, and try again in a year, or withdraw it and ditch them?

I would ditch them.