topic Re: Nfcu cli? in Credit Card Applications

Nfcu cli?

Howaboutthat — Thu, 07 Apr 2022 18:32:10 GMT

I've read here that Nfcu cli is a soft pull, but this language was there and was hoping they didn't mean a hard pull.

By submitting this request, you authorize Navy Federal to obtain a consumer credit report in connection with this application for credit. You also authorize Navy Federal to obtain consumer credit reports and any other information about you for the purpose of increasing the credit line, reviewing or collecting this account, and to evaluate your creditworthiness.

Re: Nfcu cli?

FinStar — Thu, 07 Apr 2022 18:56:35 GMT

The disclaimer is there because there are instances in which a [permissible] HP can occur, such as when discussing or processing a CLI request with an agent.

Otherwise, if you submit the CLI online or via the the mobile app, then it should be SP based on most reported experiences. Mine were all SP via online or the app.

Re: Nfcu cli?

HeavyResist — Thu, 07 Apr 2022 19:23:35 GMT

They are covering their bases with legalese. Now go get that SP CLI!

Re: Nfcu cli?

Howaboutthat — Fri, 08 Apr 2022 02:42:45 GMT

Went for it, said all cli take 24 hours and is under review. I think it's going to be a hard pull.
I just checked my fico 8 scores Eq 752/ Tu 740/ Ex 761and fico 9 scores Eq 742/ Tu 733/ Ex 750.
I only asked for $3000 and it's at $7000 now, it may be time to garden.

Re: Nfcu cli?

thornback — Fri, 08 Apr 2022 03:00:10 GMT

@Howaboutthat wrote:
Went for it, said all cli take 24 hours and is under review. I think it's going to be a hard pull.
I just checked my fico 8 scores Eq 752/ Tu 740/ Ex 761and fico 9 scores Eq 742/ Tu 733/ Ex 750.
I only asked for $3000 and it's at $7000 now, it may be time to garden.

They always go under review - means nothing. Just check your account every few hours (it's rare to receive any sort of notification) - If granted, you'll see the change in your available credit first and the limit will update when the system does its nightly update.

Good luck!

Re: Nfcu cli?

AverageJoesCredit — Fri, 08 Apr 2022 12:42:56 GMT

@Howaboutthat wrote:
Went for it, said all cli take 24 hours and is under review. I think it's going to be a hard pull.
I just checked my fico 8 scores Eq 752/ Tu 740/ Ex 761and fico 9 scores Eq 742/ Tu 733/ Ex 750.
I only asked for $3000 and it's at $7000 now, it may be time to garden.

Imo don't leave credit on the table, ask for max and let them counter if the approve. Navy is currently giving out max 8k on cli request

Re: Nfcu cli?

SDMarik — Fri, 08 Apr 2022 13:31:35 GMT

Thats just standard language they legally have to put in there, most DP's point to a soft pull there.

Re: Nfcu cli?

Howaboutthat — Sat, 09 Apr 2022 01:31:58 GMT

It was a denial, not sure why. Maybe they're are not up to date or use old CRs. I'll wait for the letter and proceed from there. It was a soft pull.

my latest fico 3b

Re: Nfcu cli?

Wavester64 — Sat, 09 Apr 2022 17:09:43 GMT

@FinStar wrote:
The disclaimer is there because there are instances in which a [permissible] HP can occur, such as when discussing or processing a CLI request with an agent.

Otherwise, if you submit the CLI online or via the the mobile app, then it should be SP based on most reported experiences. Mine were all SP via online or the app.

@Howaboutthat ^^This

DW didn't listen to me when she was wanted a CLI on one of her NFCU CCs, and she called it in, got denied, and got a HP. ALL My CLI requests have been done online/PC and all were SP.

Re: Nfcu cli?

OmarGB9 — Sun, 10 Apr 2022 00:21:16 GMT

@Howaboutthat wrote:
It was a denial, not sure why. Maybe they're are not up to date or use old CRs. I'll wait for the letter and proceed from there. It was a soft pull.

my latest fico 3b

Your screenshot doesn't help much. We'd need to see balances and such as well.

Re: Nfcu cli?

Howaboutthat — Sat, 09 Apr 2022 23:52:31 GMT

My utilization is 11% if that helps and I have about $99,000 total credit.

Re: Nfcu cli?

OmarGB9 — Sun, 10 Apr 2022 22:49:20 GMT

@Howaboutthat wrote:
My utilization is 11% if that helps and I have about $99,000 total credit.

Yes, but what are the individual balances on each of your accounts.

Re: Nfcu cli?

AdamH83 — Mon, 04 Jul 2022 19:03:03 GMT

Just out of curiosity. What was the denial due to ?

Re: Nfcu cli?

Sapoteer — Thu, 14 Jul 2022 21:06:34 GMT

I requested a credit increase yesterday (10k) im stingy like that 😎. Applied for a credit card also (20k) Platinum, do I have a good chance of getting that increase?

Re: Nfcu cli?

yzerman — Fri, 15 Jul 2022 18:49:15 GMT

@thornback wrote:
@Howaboutthat wrote:
Went for it, said all cli take 24 hours and is under review. I think it's going to be a hard pull.
I just checked my fico 8 scores Eq 752/ Tu 740/ Ex 761and fico 9 scores Eq 742/ Tu 733/ Ex 750.
I only asked for $3000 and it's at $7000 now, it may be time to garden.
They always go under review - means nothing. Just check your account every few hours (it's rare to receive any sort of notification) - If granted, you'll see the change in your available credit first and the limit will update when the system does its nightly update.

Good luck!

Hoping for the best!!

Re: Nfcu cli?

yzerman — Fri, 15 Jul 2022 09:54:22 GMT

@thornback wrote:
@Howaboutthat wrote:
Went for it, said all cli take 24 hours and is under review. I think it's going to be a hard pull.
I just checked my fico 8 scores Eq 752/ Tu 740/ Ex 761and fico 9 scores Eq 742/ Tu 733/ Ex 750.
I only asked for $3000 and it's at $7000 now, it may be time to garden.
They always go under review - means nothing. Just check your account every few hours (it's rare to receive any sort of notification) - If granted, you'll see the change in your available credit first and the limit will update when the system does its nightly update.

Good luck!

About a week ago I applied for a CLI through the NFCU app. The request was for 5k on my Cash Rewards card. I received an instant approval! I was surprised to say the least because I've never had that experience before. It had probably been a year since my last request on that card.

Feeling emboldened I requested another 5k cli this time on my Flagship Card. That was yesterday. Unfortunately I received the 24h notice. No limit change this morning so I'm expecting a denial.
I'm not sure how common it is but it is possible to receive an instant approval. As always NFCU is hard to predict. BTW

my credit reports were frozen for both requests.