topic Re: NASA Denial.. Has my "Rocket Crashed" back to earth in Credit Card Applications

NASA Denial.. Has my "Rocket Crashed" back to earth

Jolo0801 — Wed, 18 Mar 2015 04:48:31 GMT

I app'd for the NASA card and I was hit with "Thank you for applying for a NASA Federal Credit Card. At this time, we are unable to approve your application. You will receive a letter via U.S. mail outlining the reasons for this decision."

Is there a recon for this bank?

Feeling sick....

Re: NASA Denial.. Has my "Rocket Crashed" back to earth

Anonymous — Wed, 18 Mar 2015 17:38:26 GMT

@Jolo0801 wrote:

I app'd for the NASA card and I was hit with "Thank you for applying for a NASA Federal Credit Card. At this time, we are unable to approve your application. You will receive a letter via U.S. mail outlining the reasons for this decision."

Is there a recon for this bank?

Feeling sick....

In order to recon, you have to send a letter and they have a committee that reviews them. They meet infrequently and it normally does not work. Don't want to be harsh but your scores are somewhat low for NASA as they are much more conservative than NFCU.

Re: NASA Denial.. Has my "Rocket Crashed" back to earth

CreditCuriosity — Wed, 18 Mar 2015 17:55:55 GMT

Least it should only of been a SP against you EXP if this is your first time applying for it.. Yes like Irish said NASA compared to NFCU is alot touger in UW standards.. Also since the initial app craze last year they really tightened up their UW standards as well as alot of people that got approved then would not of been approved under the new tougher UW..

So long story short, probably no harm done!

Re: NASA Denial.. Has my "Rocket Crashed" back to earth

Anonymous — Wed, 18 Mar 2015 18:02:24 GMT

Crazy, Nasa approved me for 20k turned around and Penfed laughed at me. They let me joined but said I had a recent bk. My bk is 9 years 10 months old. Shouldve waited 2 months. Guess I will do some spring gardening then try NFCU in 2 months.

Re: NASA Denial.. Has my "Rocket Crashed" back to earth

Jolo0801 — Wed, 18 Mar 2015 18:03:39 GMT

Thanks for the insight folks. SP so no harm no foul...

@CreditCuriousity wrote:
Least it should only of been a SP against you EXP if this is your first time applying for it.. Yes like Irish said NASA compared to NFCU is alot touger in UW standards.. Also since the initial app craze last year they really tightened up their UW standards as well as alot of people that got approved then would not of been approved under the new tougher UW..

So long story short, probably no harm done!

Re: NASA Denial.. Has my "Rocket Crashed" back to earth

Anonymous — Wed, 18 Mar 2015 18:09:40 GMT

What score do you think is needed for a NASA CC approval? I applied for membership and was accepted about 21 days ago, but chickened out on the CC app. My Experian is 759, Equifax is 703 and TU is 687.

Re: NASA Denial.. Has my "Rocket Crashed" back to earth

CreditCuriosity — Wed, 18 Mar 2015 18:17:33 GMT

@Anonymous wrote:
What score do you think is needed for a NASA CC approval? I applied for membership and was accepted about 21 days ago, but chickened out on the CC app. My Experian is 759, Equifax is 703 and TU is 687.

Its not just score.. You could have a 800 and be declined.. No Derogs anymore persay and not to much available credit or to many new accounts seem to be the main sticking points, score really doesn't make or break you with them, but what is within you CR.

Re: NASA Denial.. Has my "Rocket Crashed" back to earth

Anonymous — Wed, 18 Mar 2015 18:19:25 GMT

@Anonymous wrote:
What score do you think is needed for a NASA CC approval? I applied for membership and was accepted about 21 days ago, but chickened out on the CC app. My Experian is 759, Equifax is 703 and TU is 687.

Your EQ score is probably within range at the lower end but there is so much more that they look at, I,e. Inquiries, recent accounts, etc., so it's difficult to give you a complete answer. The good thing with NASA as mentioned is that if you join and then apply for the card right after, both are usually SPs.

Re: NASA Denial.. Has my "Rocket Crashed" back to earth

Jolo0801 — Wed, 18 Mar 2015 18:26:30 GMT

When I app'd i got a pop up asking to apply and if approved I'll be granted membership. So I guess it was an all in one deal....

@Anonymous wrote:
@Anonymous wrote:
What score do you think is needed for a NASA CC approval? I applied for membership and was accepted about 21 days ago, but chickened out on the CC app. My Experian is 759, Equifax is 703 and TU is 687.
Your EQ score is probably within range at the lower end but there is so much more that they look at, I,e. Inquiries, recent accounts, etc., so it's difficult to give you a complete answer. The good thing with NASA as mentioned is that if you join and then apply for the card right after, both are usually SPs.

Re: NASA Denial.. Has my "Rocket Crashed" back to earth

Anonymous — Wed, 18 Mar 2015 18:39:41 GMT

Thanks all for the feedback -- I think that's why I chickened out in the first place since I just got 3 new accounts (CSP, Freedom, BOA) and do have one old lingering late pay baddie. But if it really is a SP since I just got membership maybe I should go for it...

Re: NASA Denial.. Has my "Rocket Crashed" back to earth

CreditCuriosity — Wed, 18 Mar 2015 18:43:11 GMT

If it is your first time applying it SHOULD be a SP if you have membership already, no gurantees, but that tends to be the case. If you applied before it will be a HP or most likely. I don't think a few lates will take you out of the running and 3 accounts isnt a ton of new ones persay.

Re: NASA Denial.. Has my "Rocket Crashed" back to earth

Anonymous — Wed, 18 Mar 2015 18:56:03 GMT

Thanks Credit Curiosity. Yes, it would be my first time applying. Maybe, I should just do my MyFico duty and go for it so I can provide some feedback -- a little pay forward for all the info I've gotten from the boards

Re: NASA Denial.. Has my "Rocket Crashed" back to earth

Jolo0801 — Wed, 18 Mar 2015 18:57:56 GMT

If you're looking for a little "Pump Me Up To Do It Action" you've got it from me..

GO FOR IT.......

@Anonymous wrote:
Thanks Credit Curiosity. Yes, it would be my first time applying. Maybe, I should just do my MyFico duty and go for it so I can provide some feedback -- a little pay forward for all the info I've gotten from the boards

Re: NASA Denial.. Has my "Rocket Crashed" back to earth

Anonymous — Wed, 18 Mar 2015 20:50:41 GMT

Ok -- I bit the bullet and applied since tomorrow is 30 days since my membership application. Got the "your application has been submitted successively and is under review" message, so the waiting begins....

Re: NASA Denial.. Has my "Rocket Crashed" back to earth

CreditCuriosity — Wed, 18 Mar 2015 20:51:44 GMT

@Anonymous wrote:
Ok -- I bit the bullet and applied since tomorrow is 30 days since my membership application. Got the "your application has been submitted successively and is under review" message, so the waiting begins....

GL, hope you don't get a HP and shouldn't and more hope so that you get an approval.

Re: NASA Denial.. Has my "Rocket Crashed" back to earth

Anonymous — Wed, 18 Mar 2015 20:57:49 GMT

Thanks. I'll keep you updated with results. But based on my membership app, that could be awhile since it took them 10 days to approve. Not one of the fastest moving groups -- which is ironic considering that they are NASA after all

Re: NASA Denial.. Has my "Rocket Crashed" back to earth

Anonymous — Wed, 18 Mar 2015 21:01:32 GMT

Ha! Just realized I had a typo in my previous post -- should have said "submitted successfully" not "successively".

Re: NASA Denial.. Has my "Rocket Crashed" back to earth

Jolo0801 — Wed, 18 Mar 2015 21:03:04 GMT

good luck on your application I pray that you have better success and luck than me keep us posted