https://ficoforums.myfico.com/t5/Personal-Finance/10k-personal-loan-approval-local-credit-union-post-BK/m-p/6097238#M201021 <P>Good morning and happy Saturday!</P><P>&nbsp;</P><P>I wanted to give the community some data points for a recent approval I got from my local credit union, $10,000 personal unsecured loan.</P><P>A hidden gem I never hear about on the forums, probably because the small footprint they service. State Employees Credit Union located in Albuquerque NM. I have been a member since December 2018, until recently I have just had a checking and savings here, small portion of my check deposited monthly ($500). BK7 discharged 01/2018. This credit union was not included.</P><P>&nbsp;</P><P>They are awesome for a few reasons, 1) they do not pull chex. 2) 580 is minumum score for credit products. 3) They have a cashback checking account. 4) the web/app interface is awesome and up-to-date.</P><P>&nbsp;</P><P>I do not have a credit card from them yet but they did inform me that max limit on cards is $10k.&nbsp;</P><P>They hardpull Experian for membership and credit products, pull is good for 30 days, and can be used for other products.</P><P>They also told me there is a minimum of 2 years post bk discharge, before they will consider credit apps.&nbsp;</P><P>&nbsp;</P><P>They pulled my Experian at 695, idk what scoring model.&nbsp;</P><P>DTI 24% / Income $58,000 / 5 inq</P><P>I applied on Tuesday , went to review and they called me on Friday , sent me E-sign doc's and cash deposited into my checking within minutes!</P><P>9% interest rate on loan.</P><P>&nbsp;</P><P>I hope these data points help!</P><P>&nbsp;</P><P>&nbsp;</P><P>Have a great weekend Fico Family <img id="smileyhappy" class="emoticon emoticon-smileyhappy" src="https://ficoforums.myfico.com/i/smilies/16x16_smiley-happy.gif" alt="Smiley Happy" title="Smiley Happy" /></P><P>&nbsp;</P> Sat, 01 Aug 2020 14:27:00 GMT Anonymous 2020-08-01T14:27:00Z https://ficoforums.myfico.com/t5/Personal-Finance/10k-personal-loan-approval-local-credit-union-post-BK/m-p/6097238#M201021 <P>Good morning and happy Saturday!</P><P>&nbsp;</P><P>I wanted to give the community some data points for a recent approval I got from my local credit union, $10,000 personal unsecured loan.</P><P>A hidden gem I never hear about on the forums, probably because the small footprint they service. State Employees Credit Union located in Albuquerque NM. I have been a member since December 2018, until recently I have just had a checking and savings here, small portion of my check deposited monthly ($500). BK7 discharged 01/2018. This credit union was not included.</P><P>&nbsp;</P><P>They are awesome for a few reasons, 1) they do not pull chex. 2) 580 is minumum score for credit products. 3) They have a cashback checking account. 4) the web/app interface is awesome and up-to-date.</P><P>&nbsp;</P><P>I do not have a credit card from them yet but they did inform me that max limit on cards is $10k.&nbsp;</P><P>They hardpull Experian for membership and credit products, pull is good for 30 days, and can be used for other products.</P><P>They also told me there is a minimum of 2 years post bk discharge, before they will consider credit apps.&nbsp;</P><P>&nbsp;</P><P>They pulled my Experian at 695, idk what scoring model.&nbsp;</P><P>DTI 24% / Income $58,000 / 5 inq</P><P>I applied on Tuesday , went to review and they called me on Friday , sent me E-sign doc's and cash deposited into my checking within minutes!</P><P>9% interest rate on loan.</P><P>&nbsp;</P><P>I hope these data points help!</P><P>&nbsp;</P><P>&nbsp;</P><P>Have a great weekend Fico Family <img id="smileyhappy" class="emoticon emoticon-smileyhappy" src="https://ficoforums.myfico.com/i/smilies/16x16_smiley-happy.gif" alt="Smiley Happy" title="Smiley Happy" /></P><P>&nbsp;</P> Sat, 01 Aug 2020 14:27:00 GMT https://ficoforums.myfico.com/t5/Personal-Finance/10k-personal-loan-approval-local-credit-union-post-BK/m-p/6097238#M201021 Anonymous 2020-08-01T14:27:00Z https://ficoforums.myfico.com/t5/Personal-Finance/10k-personal-loan-approval-local-credit-union-post-BK/m-p/6097282#M201040 Congratulations on your approval! Thank you for sharing the data points. Sat, 01 Aug 2020 15:55:58 GMT https://ficoforums.myfico.com/t5/Personal-Finance/10k-personal-loan-approval-local-credit-union-post-BK/m-p/6097282#M201040 AllZero 2020-08-01T15:55:58Z https://ficoforums.myfico.com/t5/Personal-Finance/10k-personal-loan-approval-local-credit-union-post-BK/m-p/6099216#M201247 <P>Congrats! PL are best way to go, if your going to carry a balance. Makes life much easier <SPAN class="emoji">👍</SPAN><SPAN class="emoji">👍</SPAN></P> Tue, 04 Aug 2020 16:56:12 GMT https://ficoforums.myfico.com/t5/Personal-Finance/10k-personal-loan-approval-local-credit-union-post-BK/m-p/6099216#M201247 CYBERSAM 2020-08-04T16:56:12Z