topic Re: Navchek in Personal Finance

Navchek

Shawndoe79 — Thu, 04 Jan 2018 14:58:47 GMT

I know that the checking account and Navcheck has the same account number but what I want to know is that can i make purchases using my debit card if i have no money in the checking account, which will then pull from the CLOC?

Re: Navchek

Anonymous — Sat, 06 Jan 2018 15:12:16 GMT

@Shawndoe79 wrote:
I know that the checking account and Navcheck has the same account number but what I want to know is that can i make purchases using my debit card if i have no money in the checking account, which will then pull from the CLOC?

Hey, Shawndoe. I've gone through some earlier posts regarding how to use the Navy CLOC, and if I remember correctly, an earlier poster (maybe Humu?) said debit card purchases will be approved and will be pulled from your CLOC when your checking has a zero balance. And, I believe it will continue to do so even when your checking account is in negative status. I know for a fact that if you pay a bill through your checking and there's not enough to cover it, it pulls from your CLOC. Within hours, checking account reflected a zero balance again, and the new balance was showing up in the CLOC. On another note, the new CLOC balance was reported very quickly to the credit bureaus. Was surprised about that. Hope this helps!

Re: Navchek

Shawndoe79 — Sat, 06 Jan 2018 15:29:46 GMT

That’s awesome news, I will try to pay a bill with my debit card and see what happens! Thanks weedeb

Re: Navchek

Anonymous — Sat, 06 Jan 2018 15:32:56 GMT

You're welcome!

Re: Navchek

JoeLuvsHisCredit — Sat, 06 Jan 2018 16:26:54 GMT

@Anonymous wrote:

@Shawndoe79 wrote:
I know that the checking account and Navcheck has the same account number but what I want to know is that can i make purchases using my debit card if i have no money in the checking account, which will then pull from the CLOC?
Hey, Shawndoe. I've gone through some earlier posts regarding how to use the Navy CLOC, and if I remember correctly, an earlier poster (maybe Humu?) said debit card purchases will be approved and will be pulled from your CLOC when your checking has a zero balance. And, I believe it will continue to do so even when your checking account is in negative status. I know for a fact that if you pay a bill through your checking and there's not enough to cover it, it pulls from your CLOC. Within hours, checking account reflected a zero balance again, and the new balance was showing up in the CLOC. On another note, the new CLOC balance was reported very quickly to the credit bureaus. Was surprised about that. Hope this helps!

GREAT INFO

Re: Navchek

Anonymous — Sat, 06 Jan 2018 16:41:41 GMT

@JoeLuvsHisCredit wrote:
@Anonymous wrote:

@Shawndoe79 wrote:
I know that the checking account and Navcheck has the same account number but what I want to know is that can i make purchases using my debit card if i have no money in the checking account, which will then pull from the CLOC?
Hey, Shawndoe. I've gone through some earlier posts regarding how to use the Navy CLOC, and if I remember correctly, an earlier poster (maybe Humu?) said debit card purchases will be approved and will be pulled from your CLOC when your checking has a zero balance. And, I believe it will continue to do so even when your checking account is in negative status. I know for a fact that if you pay a bill through your checking and there's not enough to cover it, it pulls from your CLOC. Within hours, checking account reflected a zero balance again, and the new balance was showing up in the CLOC. On another note, the new CLOC balance was reported very quickly to the credit bureaus. Was surprised about that. Hope this helps!
GREAT INFO

Thanks, JLHC!

Re: Navchek

Shawndoe79 — Sat, 06 Jan 2018 18:06:17 GMT

@Anonymous wrote:

@Shawndoe79 wrote:
I know that the checking account and Navcheck has the same account number but what I want to know is that can i make purchases using my debit card if i have no money in the checking account, which will then pull from the CLOC?
Hey, Shawndoe. I've gone through some earlier posts regarding how to use the Navy CLOC, and if I remember correctly, an earlier poster (maybe Humu?) said debit card purchases will be approved and will be pulled from your CLOC when your checking has a zero balance. And, I believe it will continue to do so even when your checking account is in negative status. I know for a fact that if you pay a bill through your checking and there's not enough to cover it, it pulls from your CLOC. Within hours, checking account reflected a zero balance again, and the new balance was showing up in the CLOC. On another note, the new CLOC balance was reported very quickly to the credit bureaus. Was surprised about that. Hope this helps!

Worked like a charm, paid car insurance with debit card, zero dollars in checking, came from cloc immediately, thanks again for the info!

Re: Navchek

Anonymous — Sat, 06 Jan 2018 18:18:29 GMT

@Shawndoe79 wrote:
@Anonymous wrote:

@Shawndoe79 wrote:
I know that the checking account and Navcheck has the same account number but what I want to know is that can i make purchases using my debit card if i have no money in the checking account, which will then pull from the CLOC?
Hey, Shawndoe. I've gone through some earlier posts regarding how to use the Navy CLOC, and if I remember correctly, an earlier poster (maybe Humu?) said debit card purchases will be approved and will be pulled from your CLOC when your checking has a zero balance. And, I believe it will continue to do so even when your checking account is in negative status. I know for a fact that if you pay a bill through your checking and there's not enough to cover it, it pulls from your CLOC. Within hours, checking account reflected a zero balance again, and the new balance was showing up in the CLOC. On another note, the new CLOC balance was reported very quickly to the credit bureaus. Was surprised about that. Hope this helps!
Worked like a charm, paid car insurance with debit card, zero dollars in checking, came from cloc immediately, thanks again for the info!

That's great!

Re: Navchek

Anonymous — Sun, 07 Jan 2018 02:49:52 GMT

works like a cash advance. your interest begins immediately.