topic Re: Langley FCU - no go in Personal Finance

Langley FCU - no go

Anonymous — Tue, 11 Feb 2020 17:45:06 GMT

Applied two weeks ago and just got this email. Not sure i'm even going to call because I think it's due to my Chexsystems report. Super lame.

"Thank you for applying for an account at Langley Federal Credit Union. Unfortunately we were unable to open your account at this time. No funding will be taken from the account or debit card you entered."

Re: Langley FCU - no go

gingerflower — Tue, 11 Feb 2020 17:50:12 GMT

Sorry to hear of your denied application for membership with Langley Fcu.

Re: Langley FCU - no go

AllZero — Tue, 11 Feb 2020 18:44:50 GMT

That's unfortunate. At least you may know the reason. Just lay low for a few months and try again in the future.

Re: Langley FCU - no go

Anonymous — Tue, 11 Feb 2020 21:12:45 GMT

Sorry to hear about your denial. 😐

Re: Langley FCU - no go

M_Smart007 — Wed, 12 Feb 2020 03:57:24 GMT

@Anonymous wrote:
Applied two weeks ago and just got this email. Not sure i'm even going to call because I think it's due to my Chexsystems report. Super lame.

"Thank you for applying for an account at Langley Federal Credit Union. Unfortunately we were unable to open your account at this time. No funding will be taken from the account or debit card you entered."

Sorry to hear about your denial. You applied for a Checking Account I would assume?

Re: Langley FCU - no go

TekkenQQ7 — Wed, 12 Feb 2020 04:09:15 GMT

Sorry to hear that, but keep in mind that too many CU Chexsystem's inquiries may raise a red flag.

Re: Langley FCU - no go

M_Smart007 — Wed, 12 Feb 2020 04:15:36 GMT

@TekkenQQ7 wrote:
Sorry to hear that, but keep in mind that too many CU Chexsystem's inquiries may raise a red flag.

This is true, I ran into that 1 time, now just space them evenly apart. no issues now.

Re: Langley FCU - no go

Anonymous — Wed, 12 Feb 2020 04:38:27 GMT

Nope, just a membership to get a credit card. Didn't even apply for checking.

@M_Smart007 wrote:
@Anonymous wrote:
Applied two weeks ago and just got this email. Not sure i'm even going to call because I think it's due to my Chexsystems report. Super lame.

"Thank you for applying for an account at Langley Federal Credit Union. Unfortunately we were unable to open your account at this time. No funding will be taken from the account or debit card you entered."
Sorry to hear about your denial. You applied for a Checking Account I would assume?

Re: Langley FCU - no go

M_Smart007 — Wed, 12 Feb 2020 04:44:55 GMT

@Anonymous wrote:
Nope, just a membership to get a credit card. Didn't even apply for checking.
@M_Smart007 wrote:
@Anonymous wrote:
Applied two weeks ago and just got this email. Not sure i'm even going to call because I think it's due to my Chexsystems report. Super lame.

"Thank you for applying for an account at Langley Federal Credit Union. Unfortunately we were unable to open your account at this time. No funding will be taken from the account or debit card you entered."
Sorry to hear about your denial. You applied for a Checking Account I would assume?

Ughhhhh, Chexsystems can be a PITA. I froze mine for a while. Had to request a pin by mail to unfreeze it.

Re: Langley FCU - no go

Revelate — Wed, 12 Feb 2020 18:46:06 GMT

@M_Smart007 wrote:
@TekkenQQ7 wrote:
Sorry to hear that, but keep in mind that too many CU Chexsystem's inquiries may raise a red flag.
This is true, I ran into that 1 time, now just space them evenly apart. no issues now.

Out of curiosity what spacing do you use?

I haven't kept track of where that is like I probably should've.

Re: Langley FCU - no go

M_Smart007 — Wed, 12 Feb 2020 18:58:34 GMT

@Revelate wrote:
@M_Smart007 wrote:
@TekkenQQ7 wrote:
Sorry to hear that, but keep in mind that too many CU Chexsystem's inquiries may raise a red flag.
This is true, I ran into that 1 time, now just space them evenly apart. no issues now.
Out of curiosity what spacing do you use?

I haven't kept track of where that is like I probably should've.

So far a minimum of 90 days has been working. I am sure some CU's are more sensitive than others.

The one that was the most picky so far was BECU. (early part of last year.) I have now crossed that hurdle.

For the most part, I try to find Institutions who do not use Chex.

Re: Langley FCU - no go

FinStar — Thu, 13 Feb 2020 22:11:37 GMT

@TekkenQQ7 wrote:
Sorry to hear that, but keep in mind that too many CU Chexsystem's inquiries may raise a red flag.

That, or any issues that may arise from EQ as well.

Re: Langley FCU - no go

Wavester64 — Sat, 02 May 2020 19:38:54 GMT

@TekkenQQ7 wrote:
Sorry to hear that, but keep in mind that too many CU Chexsystem's inquiries may raise a red flag.

Is there a way to monitor one's chexsystem's INQs?

Also what is considered too many CU's by CS?

Re: Langley FCU - no go

CreditCuriosity — Sun, 03 May 2020 02:07:19 GMT

@Wavester64 wrote:
@TekkenQQ7 wrote:
Sorry to hear that, but keep in mind that too many CU Chexsystem's inquiries may raise a red flag.
Is there a way to monitor one's chexsystem's INQs?

Also what is considered too many CU's by CS?

a few chexs inquiry a year is usually safe. CU are pretty sensitive with regards to chex's. All depends on the CU some are min score driven by chex's while others it is inquiries, etc... seems like more and more are using them and they have been a big pita for me at least and i have no baddies or never had, just inquiries. main CRA's eq/tu/exp you can have 30 inquiries are be fine, not so with chexs use them carefully..Most banks and CU's do pull chex's you can order your report online, but to get your score you gotta fax in a request. Makes no sense really, but nor does chexs to me either as they are a CRA, but a black box on how they operate at least to me.

Re: Langley FCU - no go

Gmood1 — Sun, 03 May 2020 11:39:54 GMT

@Wavester64 wrote:
@TekkenQQ7 wrote:
Sorry to hear that, but keep in mind that too many CU Chexsystem's inquiries may raise a red flag.
Is there a way to monitor one's chexsystem's INQs?

Also what is considered too many CU's by CS?

@Wavester64

Depends really on what type accounts you open.

FNBO denied me opening a checking account. But had no issues opening a money market account.

I've opened at least 3 or 4 accounts since. None of the others had issues with my Chex system report.

Infact, it's very rare to be denied a bank account IME.

I've opened 3 CU accounts in the last two weeks. None of them had an issue with my Chex. Opened 7 CU accounts since January 2020. Langley was one of those 7 this year.

So as you can see, the rules don't seem to apply to everyone. Raja has opened more than me I'm sure. And he's still rolling through them like a freight train!!!

I'm well passed 30 and I believe Raja is close to 50.

Re: Langley FCU - no go

Wavester64 — Sun, 03 May 2020 13:19:24 GMT

@Gmood1 wrote:
@Wavester64 wrote:
@TekkenQQ7 wrote:
Sorry to hear that, but keep in mind that too many CU Chexsystem's inquiries may raise a red flag.
Is there a way to monitor one's chexsystem's INQs?

Also what is considered too many CU's by CS?
@Wavester64
Depends really on what type accounts you open.
FNBO denied me opening a checking account. But had no issues opening a money market account.

I've opened at least 3 or 4 accounts since. None of the others had issues with my Chex system report.
Infact, it's very rare to be denied a bank account IME.

I've opened 3 CU accounts in the last two weeks. None of them had an issue with my Chex. Opened 7 CU accounts since January 2020. Langley was one of those 7 this year.

So as you can see, the rules don't seem to apply to everyone. Raja has opened more than me I'm sure. And he's still rolling through them like a freight train!!!

I'm well passed 30 and I believe Raja is close to 50.

I would prob open a savings right now, later try for one of their CCs.

Anything special needed for membership? Do they HP membership?

I believe they don't, but I just wanted to make sure.

Re: Langley FCU - no go

Gmood1 — Sun, 03 May 2020 13:41:04 GMT

@Wavester64 wrote:
@Gmood1 wrote:
@Wavester64 wrote:
@TekkenQQ7 wrote:
Sorry to hear that, but keep in mind that too many CU Chexsystem's inquiries may raise a red flag.
Is there a way to monitor one's chexsystem's INQs?

Also what is considered too many CU's by CS?
@Wavester64
Depends really on what type accounts you open.
FNBO denied me opening a checking account. But had no issues opening a money market account.

I've opened at least 3 or 4 accounts since. None of the others had issues with my Chex system report.
Infact, it's very rare to be denied a bank account IME.

I've opened 3 CU accounts in the last two weeks. None of them had an issue with my Chex. Opened 7 CU accounts since January 2020. Langley was one of those 7 this year.

So as you can see, the rules don't seem to apply to everyone. Raja has opened more than me I'm sure. And he's still rolling through them like a freight train!!!

I'm well passed 30 and I believe Raja is close to 50.

I would prob open a savings right now, later try for one of their CCs.

Anything special needed for membership? Do they HP membership?

I believe they don't, but I just wanted to make sure.

@Wavester64

No they soft pull. One of the easiest CUs I've joined period. Joining takes no more than 10 mins.

Re: Langley FCU - no go

AverageJoesCredit — Sun, 03 May 2020 13:48:06 GMT

One thing to note on Langley, if you have a strong profile, especially really good income, you can have both their credit cards , even at same time. Really good low apr card and very nice rotating cat reward card. I always got approved for the other card but unfortunately am only able to have 1 card .

Re: Langley FCU - no go

Wavester64 — Sun, 03 May 2020 13:55:39 GMT

@Gmood1 wrote:
@Wavester64 wrote:
@Gmood1 wrote:
@Wavester64 wrote:
@TekkenQQ7 wrote:
Sorry to hear that, but keep in mind that too many CU Chexsystem's inquiries may raise a red flag.
Is there a way to monitor one's chexsystem's INQs?

Also what is considered too many CU's by CS?
@Wavester64
Depends really on what type accounts you open.
FNBO denied me opening a checking account. But had no issues opening a money market account.

I've opened at least 3 or 4 accounts since. None of the others had issues with my Chex system report.
Infact, it's very rare to be denied a bank account IME.

I've opened 3 CU accounts in the last two weeks. None of them had an issue with my Chex. Opened 7 CU accounts since January 2020. Langley was one of those 7 this year.

So as you can see, the rules don't seem to apply to everyone. Raja has opened more than me I'm sure. And he's still rolling through them like a freight train!!!

I'm well passed 30 and I believe Raja is close to 50.

I would prob open a savings right now, later try for one of their CCs.

Anything special needed for membership? Do they HP membership?

I believe they don't, but I just wanted to make sure.
@Wavester64
No they soft pull. One of the easiest CUs I've joined period. Joining takes no more than 10 mins.

Crazy question - does just opening a savings with them give you access to ther FREE EQ Fico 08?

Re: Langley FCU - no go

Gmood1 — Sun, 03 May 2020 13:57:05 GMT

@AverageJoesCredit

Your profile is stronger than mine, because I have no cards with them.😂

@Wavester64

Keep new accounts to a minimum before applying for credit with them.

You'll be fine.