topic Re: NFCU internal limit in Credit Card Applications

NFCU internal limit

Kennie02 — Wed, 18 May 2022 17:18:21 GMT

I recently requested a CLI on my CashRewards w/ NFCU. I asked for $19k and got approved for $17.5. I got a letter yesterday saying I had reached their maximum internal credit limit. Bummer. It is good to know though. Can someone confirm that this limit is across all products? Meaning if I applied for a different CC I'd likely get denied. Does my CLOC count towards this internal limit?

TIA

Re: NFCU internal limit

AverageJoesCredit — Wed, 18 May 2022 17:22:57 GMT

@Kennie02 wrote:
I recently requested a CLI on my CashRewards w/ NFCU. I asked for $19k and got approved for $17.5. I got a letter yesterday saying I had reached their maximum internal credit limit. Bummer. It is good to know though. Can someone confirm that this limit is across all products? Meaning if I applied for a different CC I'd likely get denied. Does my CLOC count towards this internal limit?
TIA

No that's you max for right now. I don't believe Clocis included in the overall 80k you can achieve through cc but it maybe in evaluating ones total credit exposure internally with Navy.

Try again in 6 months on the approved card, your max may have changed and they may approve you for another increase.

Re: NFCU internal limit

DCSportsJunkie — Thu, 19 May 2022 13:36:48 GMT

I can confirm, as @AverageJoesCredit stated, this is only the current credit limit that NFCU is willing to extend at this time. You can try requesting again, at a later time, to see if your internal limit has changed based on your review at the time of the request. I requested a CLI for my GoRewards and got the same reason for denial. Requested a CLI about 2 years later and was granted a $5K increase. Keep your head up!

Re: NFCU internal limit

AverageJoesCredit — Thu, 19 May 2022 23:50:10 GMT

@DCSportsJunkie wrote:
I can confirm, as @AverageJoesCredit stated, this is only the current credit limit that NFCU is willing to extend at this time. You can try requesting again, at a later time, to see if your internal limit has changed based on your review at the time of the request. I requested a CLI for my GoRewards and got the same reason for denial. Requested a CLI about 2 years later and was granted a $5K increase. Keep your head up!

Wow! 2 years to request a cli! Here at Ficoland, we push the limits lol at 6 months , or if Miss Disco , every day😆 just joking lol but yeah Navy can suprise. I for sure thought I was max with a heavy debt load yet my pestering still got me an extra 4.5k. For sure I'm now at max. ...though I'm sure to keep trying in the future

Re: NFCU internal limit

DCSportsJunkie — Thu, 19 May 2022 23:50:30 GMT

@AverageJoesCredit wrote:
@DCSportsJunkie wrote:
I can confirm, as @AverageJoesCredit stated, this is only the current credit limit that NFCU is willing to extend at this time. You can try requesting again, at a later time, to see if your internal limit has changed based on your review at the time of the request. I requested a CLI for my GoRewards and got the same reason for denial. Requested a CLI about 2 years later and was granted a $5K increase. Keep your head up!
Wow! 2 years to request a cli! Here at Ficoland, we push the limits lol at 6 months , or if Miss Disco , every day😆 just joking lol but yeah Navy can suprise. I for sure thought I was max with a heavy debt load yet my pestering still got me an extra 4.5k. For sure I'm now at max. ...though I'm sure to keep trying in the future

Haha, right? I've been going about it the wrong way... honestly, I just forgot to ask and then life happened. Instead, I got NFCU card #2 (with a healthy CL), Disco (who I religiously ask every couple of months) and auto CLI on Target. This is all pre-Ficoland membership, of course...won't make that mistake again. I'll be requesting CLI like clockwork now

Re: NFCU internal limit

AverageJoesCredit — Thu, 19 May 2022 23:50:50 GMT

@DCSportsJunkie wrote:
@AverageJoesCredit wrote:
@DCSportsJunkie wrote:
I can confirm, as @AverageJoesCredit stated, this is only the current credit limit that NFCU is willing to extend at this time. You can try requesting again, at a later time, to see if your internal limit has changed based on your review at the time of the request. I requested a CLI for my GoRewards and got the same reason for denial. Requested a CLI about 2 years later and was granted a $5K increase. Keep your head up!
Wow! 2 years to request a cli! Here at Ficoland, we push the limits lol at 6 months , or if Miss Disco , every day😆 just joking lol but yeah Navy can suprise. I for sure thought I was max with a heavy debt load yet my pestering still got me an extra 4.5k. For sure I'm now at max. ...though I'm sure to keep trying in the future
Haha, right? I've been going about it the wrong way... honestly, I just forgot to ask and then life happened. Instead, I got NFCU card #2 (with a healthy CL), Disco (who I religiously ask every couple of months) and auto CLI on Target. This is all pre-Ficoland membership, of course...won't make that mistake again. I'll be requesting CLI like clockwork now

That's a true MF'r 👍 👏 😁