topic Re: Navy CashRewards CLI Denied in Credit Card Applications

Navy CashRewards CLI Denied

Girlzilla88 — Fri, 15 Jan 2021 18:25:53 GMT

I'll put down the specific reasons why when I get the letter LOL. My thinking is because of the New Card I opened (DISCO) which I do need to update my Siggy LOL because I put a TON of spend on it when I got it so when I pay it down hopefully they will give me a nice increase middle/end of this year! But my UTL is lower still even with the high use on that and I am still paying down others....One of them (The Medical one) I even paid off so my AGG UTL is now 69% my questions are 1) Do they look at New accounts as a Bad/No no even if you pay down/off your other ones?! and 2) How long do I have to wait before I can ask again?! Because I am making a big payment on my DISCO in a few days (my payment is due on the 19th) but I'm not sure if after I pay that down if I tried again once it reported would I be trying/asking again to soon. I also don't want it to be a HP since I used my SP recently or would it still be a SP if I ask later this month once it reflects!?

Re: Navy CashRewards CLI Denied

Anonymous — Fri, 15 Jan 2021 18:30:15 GMT

I'm too new with Navy to answer those questions, but I do know DTI is big with them, so your aggregate usage may be the issue. If you make a big payment on Disco though, once it posts, call up and ask for an off-cycle reporting. They'll do it and the next day your reports will reflect it. That might help.

Re: Navy CashRewards CLI Denied

Girlzilla88 — Fri, 15 Jan 2021 18:37:43 GMT

@Anonymous The thing that is Funny to me about that though is that my AGG was higher than that when I first opened my account and got my Card LOL so Idk?! I had that card under 30% when I applied as well and so I'm just a bit confused XD I will see about calling to do the Off Cycle you mentioned so if I call I should request it the next day or a few days after to make sure it had time to show up for them?!

Re: Navy CashRewards CLI Denied

AllZero — Fri, 15 Jan 2021 18:46:01 GMT

I don't have an answer for your question. I guess wait for the letter?

It should be SP for CLI request if done online or app. Data Points suggest that it could be a HP if done with CSR.

You could also freeze all bureaus to ensure no HP.

@CreditInspired wrote:
Freeze your credit with Equifax, Experian and TransUnion

Credit Bureau Online By phone By mail
Visit: Equifax Credit Freeze page 1-800-685-1111 (NY residents call 1-800-349-9960) Equifax Security Freeze, P.O. Box 105788 Atlanta, GA 30348
Visit: Experian Credit Freeze page 1-888-EXPERIAN (1-888-397-3742) Experian Security Freeze, P.O. Box 9554 Allen, TX 75013
Visit: TransUnion Credit Freeze page 1-888-909-8872 TransUnion LLC, P.O. Box 2000
Chester, PA 19016

I found this on https://clark.com/credit/credit-freeze-and-thaw-guide/

Re: Navy CashRewards CLI Denied

Girlzilla88 — Fri, 15 Jan 2021 18:48:00 GMT

@AllZero All of my CB have a Freeze/Lock. I actually UnFroze my TU just in case that may had been the reason for a possible denial but idk?!!?

Re: Navy CashRewards CLI Denied

AllZero — Fri, 15 Jan 2021 18:55:23 GMT

@Girlzilla88 wrote:
@AllZero All of my CB have a Freeze/Lock. I actually UnFroze my TU just in case that may had been the reason for a possible denial but idk?!!?

From the data points I've read, members where successful with CLI with frozen reports, myself included. I'm unsure if frozen reports would be a denial reason.

Hopefully, the letter once received, will give you some insight.

Re: Navy CashRewards CLI Denied

Girlzilla88 — Fri, 15 Jan 2021 18:57:39 GMT

@AllZero This is true I have seen people with Frozen reports still get increases, I was just worried if mine was frozen and they went off the last information they had that the UTL would have been higher at that point because last I touched my account the UTL was higher and that one card still had a balance that I paid off.....^^ Hopefully I get the letter soon lol

Re: Navy CashRewards CLI Denied

800wannabe420 — Fri, 15 Jan 2021 19:47:47 GMT

@Girlzilla88

You can request a CLI at anytime after a denial. You must wait 6 months between CLI requests after a successful increase.

It SHOULD be a SP but you should always be prepared for a HP. Having said that, it's been more than a year since I've seen a HP CLI request...

Good luck! ☺

Re: Navy CashRewards CLI Denied

Girlzilla88 — Fri, 15 Jan 2021 19:48:53 GMT

@800wannabe420 Thank You!

Re: Navy CashRewards CLI Denied

Anonymous — Fri, 15 Jan 2021 20:02:03 GMT

I opened my Cash Rewards January 2020 with a 1K starting limit, so just squeaked in. Waited for my 91/3, applied for Platinum, denied. Hit the CLI button on the Cash Rewards, they gave me $500 as a consolation prize.

Nov 2020, pushed the CLI button 4 days too soon, auto deny. Oops. Last week, hit the CLI button again, they gave me 3X, so up to $4500. (Go Navy!) Both CLI requests were soft pulls. Util on the cash rewards was 55%, overall util on all cards was 48%. (aggressively paying down debt, but it's a grind)

I've been putting spend on the Cash Rewards and making largeish payments, so that may have helped. You may just need to let that Cash Rewards age a little bit before they show you some Navy love.

Re: Navy CashRewards CLI Denied

Anonymous — Fri, 15 Jan 2021 21:08:07 GMT

@Girlzilla88 wrote:
@Anonymous The thing that is Funny to me about that though is that my AGG was higher than that when I first opened my account and got my Card LOL so Idk?! I had that card under 30% when I applied as well and so I'm just a bit confused XD I will see about calling to do the Off Cycle you mentioned so if I call I should request it the next day or a few days after to make sure it had time to show up for them?!

Once the paydown is reflected in the app in your current balance, you're good to go for asking for the off-cycle report.

Re: Navy CashRewards CLI Denied

Anonymous — Fri, 15 Jan 2021 21:16:29 GMT

How do you know you were declined if you don't have the letter yet? They have been backed up, some people have had to wait a few days to get CLI approvals.

Sorry if it is a denial though. There's no set time to wait but I would personally wait until the next score update so they have up to date info to go on.

Re: Navy CashRewards CLI Denied

gingerflower — Sat, 16 Jan 2021 02:03:23 GMT

@Anonymous

+ 1 Nfcu have been back logged with CLI and request for reconsideration on account. I waited 10 days b4 I got an answer to my reconsideration for a higher limit. @OP did it say you were Denied?

Re: Navy CashRewards CLI Denied

Girlzilla88 — Sun, 17 Jan 2021 18:17:50 GMT

@Anonymous That card started out with a 500 or 600 SL, they gave me a CLI to 1100 in July when my UTL was higher atm....I paid off some things and added my Disco in November I believe it was....but I always make large payments on all my cards (I just use them a lot too XD)

Re: Navy CashRewards CLI Denied

Girlzilla88 — Sun, 17 Jan 2021 18:19:04 GMT

@Anonymous I asked the Chat rep a couple days after Request he said Sorry it looks like they weren't able to at this time and you should be receiving a letter in a few days bla bla bla XD

Re: Navy CashRewards CLI Denied

Girlzilla88 — Sun, 17 Jan 2021 18:19:49 GMT

@gingerflower The Chat person I spoke with said it...

Re: Navy CashRewards CLI Denied

Anonymous — Sun, 17 Jan 2021 23:52:23 GMT

@Girlzilla88 wrote:
@Anonymous I asked the Chat rep a couple days after Request he said Sorry it looks like they weren't able to at this time and you should be receiving a letter in a few days bla bla bla XD

Maybe you asked too early.

Re: Navy CashRewards CLI Denied

Girlzilla88 — Wed, 20 Jan 2021 16:34:22 GMT

@800wannabe420 @Anonymous @Anonymous @gingerflower @Anonymous I finally got my letter it just states I "Reached NF Max Unsecured CL" at this time...The score they pulled was a 663 from the 5th of Jan so it doesn't include the payments I made after that and me lowering the UTL on my new DISCO card......So my question to you all lovely people is. Should I give it another month maybe or wait until my account hits a year in early March?! Or what can I do to 'better' my relationship with them. I always make large payments, a few payments a month actually, I utilize the CK I put a little in Savings here and there, I use the CA option from time to time just to show I can use the full amount then pay it down quick...So at least it's Good news?!! LOL and not something crazy.

Re: Navy CashRewards CLI Denied

Anonymous — Wed, 20 Jan 2021 18:41:38 GMT

They've stated that you're at the max they're willing to give right now. I'd give it six months. Keep using and paying your card(s), pay down other cards, let your scores grow and profile improve, and they'll likely give it up next time

Re: Navy CashRewards CLI Denied

Anonymous — Wed, 20 Jan 2021 21:38:57 GMT

Sounds like you're in the same boat I am in. Navy is 'iffy' on us, and we just squeaked in. The only thing that will help is time.

I just hit my one year anniversary with them and put in for an increase from 1500 to 7500. They raised me to $4,500, so a 3x limit increase. Just got the letter yesterday on why they didn't go $7,500, and it was the same "You have reached the max unsecured limit with NFCU". Score was 700 on 1/5. I'd wait 6 months and try again.

-TGG

Credit Bureau	Online	By phone	By mail
	Visit: Equifax Credit Freeze page	1-800-685-1111 (NY residents call 1-800-349-9960)	Equifax Security Freeze, P.O. Box 105788 Atlanta, GA 30348
	Visit: Experian Credit Freeze page	1-888-EXPERIAN (1-888-397-3742)	Experian Security Freeze, P.O. Box 9554 Allen, TX 75013
	Visit: TransUnion Credit Freeze page	1-888-909-8872	TransUnion LLC, P.O. Box 2000 Chester, PA 19016