topic Re: DCU & Affinity FCU Offers in Personal Finance

DCU & Affinity FCU Offers

Cory88 — Sat, 24 Jul 2021 13:25:18 GMT

I'm new to DCU & Affinity and wanted to know if anyone has any info on the credit unions.

What credit score model do each of them use?

How long did it take untel you got a pre approvels offers?

Any other good thing about the credit unions? (besides the savings account)

My DCU FICO: 753

MY FICO 8 for all: 780 to 790 range.

Re: DCU & Affinity FCU Offers

Anonymous — Sun, 25 Jul 2021 02:29:36 GMT

@Cory88 wrote:
I'm new to DCU & Affinity and wanted to know if anyone has any info on the credit unions.

What credit score model do each of them use?
How long did it take untel you got a pre approvels offers?
Any other good thing about the credit unions? (besides the savings account)

My DCU FICO: 753
MY FICO 8 for all: 780 to 790 range.

I love DCU!!!!!!!!! I found them about over a year ago. Forgot what they pulled for membership if they pulled anything at all but I went to them based on the used/new car interest rates they offer. They pulled I believe EQ 5 the mortgage score for credit cards and car loans. My score was around 670. Had a car loan with Navy at the time. Interest rate was around 6%. Refianaced with DCU down to 2.74%. Saving me a ton of money. Used that same credit pull to apply for a credit card. They gave me about 6K nothing major but they used the same credit pull. Customer service is pretty good although everyone complains of the hold times to speak with a live person. That doesn't bother me I'm patient so no big deal for me.

I have Affinity as well. Sorry can't remember who they pulled when I opened it up but it was open early this year. Only applied for a line of credit which they gave me 10K! No complaints with them but that is the only thing I have with them besides a checking/savings account. HOpe this helps wish I had more info for you.

Re: DCU & Affinity FCU Offers

LadyJEsq — Mon, 26 Jul 2021 02:37:44 GMT

Thanks for asking the questions OP! And thanks for all the DPs @Anonymous! I joined DCU because I was frustrated with the wait time for my NFCU membership approval and was shocked by an instant membership approval. Now I'm waiting to see how long it'll take to get preapprovals. I assume that'll take a few months, but we shall see.

And OP, they pulled EQ when I joined last month.

Re: DCU & Affinity FCU Offers

Cory88 — Mon, 26 Jul 2021 02:42:33 GMT

@LadyJEsq wrote:
Thanks for asking the questions OP! And thanks for all the DPs @Anonymous! I joined DCU because I was frustrated with the wait time for my NFCU membership approval and was shocked by an instant membership approval. Now I'm waiting to see how long it'll take to get preapprovals. I assume that'll take a few months, but we shall see.

And OP, they pulled EQ when I joined last month.

Was it a HP on EQ? I waned it for the saving account rate of 6%!

Re: DCU & Affinity FCU Offers

Cory88 — Mon, 26 Jul 2021 02:44:10 GMT

@Anonymous wrote:
@Cory88 wrote:
I'm new to DCU & Affinity and wanted to know if anyone has any info on the credit unions.

What credit score model do each of them use?
How long did it take untel you got a pre approvels offers?
Any other good thing about the credit unions? (besides the savings account)

My DCU FICO: 753
MY FICO 8 for all: 780 to 790 range.
I love DCU!!!!!!!!! I found them about over a year ago. Forgot what they pulled for membership if they pulled anything at all but I went to them based on the used/new car interest rates they offer. They pulled I believe EQ 5 the mortgage score for credit cards and car loans. My score was around 670. Had a car loan with Navy at the time. Interest rate was around 6%. Refianaced with DCU down to 2.74%. Saving me a ton of money. Used that same credit pull to apply for a credit card. They gave me about 6K nothing major but they used the same credit pull. Customer service is pretty good although everyone complains of the hold times to speak with a live person. That doesn't bother me I'm patient so no big deal for me.

I have Affinity as well. Sorry can't remember who they pulled when I opened it up but it was open early this year. Only applied for a line of credit which they gave me 10K! No complaints with them but that is the only thing I have with them besides a checking/savings account. HOpe this helps wish I had more info for you.

What you applied for the PLOC did you have to do POI?

Re: DCU & Affinity FCU Offers

LadyJEsq — Mon, 26 Jul 2021 02:59:21 GMT

@Cory88 wrote:
@LadyJEsq wrote:
Thanks for asking the questions OP! And thanks for all the DPs @Anonymous! I joined DCU because I was frustrated with the wait time for my NFCU membership approval and was shocked by an instant membership approval. Now I'm waiting to see how long it'll take to get preapprovals. I assume that'll take a few months, but we shall see.

And OP, they pulled EQ when I joined last month.
Was it a HP on EQ? I waned it for the saving account rate of 6%!

Soft, unbeknonwnst to me, my EQ is frozen (I guess I did it after the breach - found out when I tried to join PenFed).

Re: DCU & Affinity FCU Offers

Anonymous — Mon, 26 Jul 2021 13:30:02 GMT

@LadyJEsq wrote:
Thanks for asking the questions OP! And thanks for all the DPs @Anonymous! I joined DCU because I was frustrated with the wait time for my NFCU membership approval and was shocked by an instant membership approval. Now I'm waiting to see how long it'll take to get preapprovals. I assume that'll take a few months, but we shall see.

And OP, they pulled EQ when I joined last month.

From what I heard they come around about every 3 months.

Re: DCU & Affinity FCU Offers

coldfusion — Mon, 26 Jul 2021 15:53:18 GMT

@LadyJEsq wrote:
Thanks for asking the questions OP! And thanks for all the DPs @Anonymous! I joined DCU because I was frustrated with the wait time for my NFCU membership approval and was shocked by an instant membership approval. Now I'm waiting to see how long it'll take to get preapprovals. I assume that'll take a few months, but we shall see.

And OP, they pulled EQ when I joined last month.

In theory offers could start popping up at the next quarterly cycle on October 1 but don't be disappointed if it takes 2-3 cycles to start seeing them.

Re: DCU & Affinity FCU Offers

SouthJamaica — Mon, 26 Jul 2021 18:04:20 GMT

@Cory88 wrote:
I'm new to DCU & Affinity and wanted to know if anyone has any info on the credit unions.

What credit score model do each of them use?
How long did it take untel you got a pre approvels offers?
Any other good thing about the credit unions? (besides the savings account)

My DCU FICO: 753
MY FICO 8 for all: 780 to 790 range.

I belong to both.

DCU uses EQ 5. Affinity uses EX 8.

I never get any good preapprovals from either. I got a preapproval from DCU early on, but I got denied when I applied, so it wasn't real. I later applied for the same card, and was approved.

DCU's platinum card I find very useful. It can double as an overdraft line of credit, you can do online cash advances directly into checking, there are no balance transfer or cash advance fees. Also, DCU has 2-day early direct deposit in its checking account.

Affinity's PLOC is very useful. Slightly lower APR than some. Easy to use overdraft LOC. Affinity, too, has 2-day early direct deposit in one of its checking accounts -- the 2% cashback debit card checking account. Affinity also has a 2% savings account (up to 1st $2500, 1% on next $2500).

Both credit unions are, in my experience, (a) keepers, but (b) conservative in underwriting.

Re: DCU & Affinity FCU Offers

Cory88 — Mon, 26 Jul 2021 23:00:53 GMT

@SouthJamaica wrote:
@Cory88 wrote:
I'm new to DCU & Affinity and wanted to know if anyone has any info on the credit unions.

What credit score model do each of them use?
How long did it take untel you got a pre approvels offers?
Any other good thing about the credit unions? (besides the savings account)

My DCU FICO: 753
MY FICO 8 for all: 780 to 790 range.
I belong to both.

DCU uses EQ 5. Affinity uses EX 8.

I never get any good preapprovals from either. I got a preapproval from DCU early on, but I got denied when I applied, so it wasn't real. I later applied for the same card, and was approved.

DCU's platinum card I find very useful. It can double as an overdraft line of credit, you can do online cash advances directly into checking, there are no balance transfer or cash advance fees. Also, DCU has 2-day early direct deposit in its checking account.

Affinity's PLOC is very useful. Slightly lower APR than some. Easy to use overdraft LOC. Affinity, too, has 2-day early direct deposit in one of its checking accounts -- the 2% cashback debit card checking account. Affinity also has a 2% savings account (up to 1st $2500, 1% on next $2500).

Both credit unions are, in my experience, (a) keepers, but (b) conservative in underwriting.

Affinity offered me the other day a $500 CL I was like big woop but is ok. I have a 785 FICO. I have a lot of small student loans that are reporting that are new.

Re: DCU & Affinity FCU Offers

SouthJamaica — Tue, 27 Jul 2021 02:06:01 GMT

@Cory88 wrote:
@SouthJamaica wrote:
@Cory88 wrote:
I'm new to DCU & Affinity and wanted to know if anyone has any info on the credit unions.

What credit score model do each of them use?
How long did it take untel you got a pre approvels offers?
Any other good thing about the credit unions? (besides the savings account)

My DCU FICO: 753
MY FICO 8 for all: 780 to 790 range.
I belong to both.

DCU uses EQ 5. Affinity uses EX 8.

I never get any good preapprovals from either. I got a preapproval from DCU early on, but I got denied when I applied, so it wasn't real. I later applied for the same card, and was approved.

DCU's platinum card I find very useful. It can double as an overdraft line of credit, you can do online cash advances directly into checking, there are no balance transfer or cash advance fees. Also, DCU has 2-day early direct deposit in its checking account.

Affinity's PLOC is very useful. Slightly lower APR than some. Easy to use overdraft LOC. Affinity, too, has 2-day early direct deposit in one of its checking accounts -- the 2% cashback debit card checking account. Affinity also has a 2% savings account (up to 1st $2500, 1% on next $2500).

Both credit unions are, in my experience, (a) keepers, but (b) conservative in underwriting.

Affinity offered me the other day a $500 CL I was like big woop but is ok. I have a 785 FICO. I have a lot of small student loans that are reporting that are new.

Sorry to hear that, but glad I mentioned that they are conservative in underwriting

Re: DCU & Affinity FCU Offers

Cory88 — Tue, 27 Jul 2021 02:24:23 GMT

Affinity FedEx me my debit card overnight and I did not even ask for it to be.