topic Keeping with the streak - NFCU $500 CLOC in Personal Finance

Keeping with the streak - NFCU $500 CLOC

Anonymous — Tue, 11 Dec 2018 12:42:54 GMT

I didn’t want it to have to go to review when my only intention for the CLOC is so I can set up my NFCU checking as my pay minimum fallback in case I ever miss a payment due date.

$500, 15.9%, no review.

So I have hit up Navy for $5000 between the $4500 CLI for my 91/3 on my cashRewards and the $500 CLOC and been successful.

Now seriously, I’m in the garden! Lol. 2 EQ HPs in 24 hours from Navy is ummm OUCH!

Re: Keeping with the streak - NFCU $500 CLOC

RonM21 — Tue, 11 Dec 2018 14:28:53 GMT

Very nice. NFCU is a good lender in my opinion. Good luck in he garden.

Re: Keeping with the streak - NFCU $500 CLOC

joltdude — Tue, 11 Dec 2018 16:34:04 GMT

Navy is a little HP happy but its usually worth the pulls...

Even if your in the LIE camp (Low Income Earners) thanks @averagejoescredit for the term...

You might be able to get a better rate AND a higher than that CLOC and not even requiring stellar fico scores...down the road....

Congratulations

-J

Re: Keeping with the streak - NFCU $500 CLOC

Anonymous — Tue, 11 Dec 2018 21:44:07 GMT

@joltdude wrote:
Navy is a little HP happy but its usually worth the pulls...
@Anonymous if your in the LIE camp (Low Income Earners) thanks @AverageJoesCredit for the term...
You might be able to get a better rate AND a higher than that CLOC and not even requiring stellar fico scores...down the road....
Congratulations

-J

I’m in that camp already - that’s why I’m amazed they gave me 7500 (which is what I asked for, definitely left money on the table) at my 91/3 with only $18K income and the fact they were my fourth new account this year (only three are still open though but I added another one with BBVA).

Definitely a relationship I want to nurture.

Re: Keeping with the streak - NFCU $500 CLOC

AverageJoesCredit — Tue, 11 Dec 2018 23:15:06 GMT

Nice job. Only thing i havent tried for with Navy is the Cloc. Still not sure i actually need it but who knows, maybe one day

Re: Keeping with the streak - NFCU $500 CLOC

Anonymous — Wed, 12 Dec 2018 01:18:51 GMT

@AverageJoesCredit wrote:
Nice job. Only thing i havent tried for with Navy is the Cloc. Still not sure i actually need it but who knows, maybe one day

Yeah I think the chances of me actually needing it are incredibly slim but the peace of mind of knowing it’s there doesn’t hurt.

Actually finding out that I can cash advance direct from my cashRewards to my checking at lower 13.65% though kind of makes the loan redundant unless I actually forget to put money in my account which is supremely unlikely. I’m allergic to <$100 balances and I would have to miss my minimum payments on 3 cards to dip into the CLOC.

But its there.

Re: Keeping with the streak - NFCU $500 CLOC

AverageJoesCredit — Wed, 12 Dec 2018 02:52:13 GMT

Yeah, awesome feature. Im with you, $500 seems a nice buffer for OD.

Re: Keeping with the streak - NFCU $500 CLOC

19eighty5 — Thu, 20 Dec 2018 16:12:09 GMT

Congratulations on your approval!