topic Re: Andrews Federal Credit Union in Personal Finance

Andrews Federal Credit Union

Anonymous — Tue, 26 Jan 2021 18:10:23 GMT

Do you know if they do a Hard pull for membership with just a savings account? I am trying to establish a relationship with them while gardening.

Re: Andrews Federal Credit Union

coldfusion — Tue, 26 Jan 2021 17:13:53 GMT

From memory they did not when I became a member and opened up savings and checking accounts.

Re: Andrews Federal Credit Union

8Hunnid — Tue, 26 Jan 2021 21:16:25 GMT

As of late 2020, they did not HP when I joined

Re: Andrews Federal Credit Union

CreditCuriosity — Tue, 26 Jan 2021 22:04:37 GMT

Only a SP to join as a few months back when I joined.. Suspect a chexsys pull as well though

Re: Andrews Federal Credit Union

1GaDawg85 — Tue, 26 Jan 2021 22:43:42 GMT

I might throw them a couple of dollars just because and see what happens. I don't need another card right now

Re: Andrews Federal Credit Union

Anonymous — Wed, 27 Jan 2021 02:58:13 GMT

Thanks so much. I stumbled onto this forum two days ago and have been binging on the threads every since. I hate to say it but I had credit all wrong. Bought a car in 2013 for my son and was told my score was 609 and couldn't figure out why. I had never missed a payment. Had a Citibank with a $ 15k CL, 2 Amex, Discover, multiple store cards etc. High balances and a student loan. Now I can appreciate it all. Better yet, with these posts, now I am beginning to see the "art" in getting a great FICO score and not just having a good enough score to make a purchase.

Re: Andrews Federal Credit Union

Revelate — Sat, 30 Jan 2021 01:05:58 GMT

@Anonymous wrote:
Thanks so much. I stumbled onto this forum two days ago and have been binging on the threads every since. I hate to say it but I had credit all wrong. Bought a car in 2013 for my son and was told my score was 609 and couldn't figure out why. I had never missed a payment. Had a Citibank with a $ 15k CL, 2 Amex, Discover, multiple store cards etc. High balances and a student loan. Now I can appreciate it all. Better yet, with these posts, now I am beginning to see the "art" in getting a great FICO score and not just having a good enough score to make a purchase.

Grin, well you are doing better than me when I found this forum and after a bit of time even for me with serious derogatories dragging down my scores I was running credit checks with no shame.

Shouldnt take that long for you if you have history and strong enough financials to start paying down the balances.

Belated welcome to the forums!

Re: Andrews Federal Credit Union

Anonymous — Sat, 30 Jan 2021 11:26:18 GMT

Hi, I started a new post but I thought I would ask you. My scores dropped drastically (46 points) on Equifax when I paid 3 of my regular accounts like Target and Capital one to $0. Should I leave something on them? I had this happen before and I never figured out why. My utilization overall is 2%, 3 accounts with $11, $25 and $171 and 5 accounts with 0. I was trying the AZEO method but did I just mess up. This is freaking me out because I actually had my accounts all moving in the right direction. All 3 reports were in the high fair and I was looing forward to moving into "Good". Oh, no missed payments in 22 months. So frustrating!

Re: Andrews Federal Credit Union

coldfusion — Sat, 30 Jan 2021 13:42:26 GMT

@Anonymous wrote:
Hi, I started a new post but I thought I would ask you. My scores dropped drastically (46 points) on Equifax when I paid 3 of my regular accounts like Target and Capital one to $0. Should I leave something on them? I had this happen before and I never figured out why. My utilization overall is 2%, 3 accounts with $11, $25 and $171 and 5 accounts with 0. I was trying the AZEO method but did I just mess up. This is freaking me out because I actually had my accounts all moving in the right direction. All 3 reports were in the high fair and I was looing forward to moving into "Good". Oh, no missed payments in 22 months. So frustrating!

What Equifax score was it that dropped? FICO 8? Vantage 3.0? ??

Was it a store card you left a balance on for AZEO or was it a Visa/Mastercard?

Don't get upset over having taken what you think might be a step back, it's probably due to something tied to the learning process that is easily corrected.

Re: Andrews Federal Credit Union

Anonymous — Thu, 04 Feb 2021 13:12:59 GMT

So, I went back and looked at what was Fico and what was Vantage. The scores that are dropping drastically are Vantage not Fico. As suggested, I will just use those as alerts. So much to learn about how credit works. I have to say, I have a Masters in Business and have been totally lost in how credit works. Of course, they don't teach you that in college. Especially since that is when the credit card companies start scooping down on you like vultures!