topic Re: Navy Fed CLOC Question. in Personal Finance

Navy Fed CLOC Question.

Anonymous — Wed, 08 Jun 2016 22:55:16 GMT

I just got an instant approval for 4,300 SL for the cash rewards card and now I want to apply for the CLOC, but I'm a bit unsure how to.

I see under the Optional Overdraft Protection Service Enrollment page, near the bottom, "Choose Your Overdraft Protection". I selected "All Debit, ATM Card, Check and ACH
transactions." Then I chose my checking account... Is this all I need to do?

I clicked on the "submit" button but the service is temporarily down at the moment. I'm just wondering if I'm doing it right??

Thanks for any help!

Re: Navy Fed CLOC Question.

Anonymous — Wed, 08 Jun 2016 23:09:46 GMT

That sounds like you just did overdraft protection but CLOC is a checking line of credit that is an actual application you fill out.

Re: Navy Fed CLOC Question.

Anonymous — Wed, 08 Jun 2016 23:12:11 GMT

@Anonymous wrote:
That sounds like you just did overdraft protection but CLOC is a checking line of credit that is an actual application you fill out.

I don't see where it is that I'm supposed to go to fill out the application.

Re: Navy Fed CLOC Question.

Anonymous — Wed, 08 Jun 2016 23:17:27 GMT

https://www.navyfederal.org/products-services/checking-savings/checking-protection.php

Scroll down until you see checking line of credit. Then scan to the right, it will say sign in to apply.

Re: Navy Fed CLOC Question.

Anonymous — Wed, 08 Jun 2016 23:27:09 GMT

@Anonymous wrote:
https://www.navyfederal.org/products-services/checking-savings/checking-protection.php

Scroll down until you see checking line of credit. Then scan to the right, it will say sign in to apply.

Thank you!

I applied, asked for only 5,000 and was instantly approved.

Thank you again!

Re: Navy Fed CLOC Question.

pizza1 — Thu, 09 Jun 2016 00:30:43 GMT

@Anonymous wrote:
@Anonymous wrote:
https://www.navyfederal.org/products-services/checking-savings/checking-protection.php

Scroll down until you see checking line of credit. Then scan to the right, it will say sign in to apply.
Thank you!

I applied, asked for only 5,000 and was instantly approved.
Thank you again!

UGH...this is where I wish people would read the mega threads on certain lenders. Always always ask for the max on CLOC which is $15k!! They counter back! If you got what you asked for, you left more on the table. Now, if you go back later and ask, it WILL be another HP. ALWAYS ask for max on their products, they counter!! On CC.....ask for $25k when asking for a CLI, they counter, anything past $25k always results in a maunual review. Congrats to you!

Re: Navy Fed CLOC Question.

Anonymous — Thu, 09 Jun 2016 00:32:54 GMT

@Anonymous wrote:
@Anonymous wrote:
https://www.navyfederal.org/products-services/checking-savings/checking-protection.php

Scroll down until you see checking line of credit. Then scan to the right, it will say sign in to apply.
Thank you!

I applied, asked for only 5,000 and was instantly approved.
Thank you again!

Congrats and well done!

Re: Navy Fed CLOC Question.

Anonymous — Thu, 09 Jun 2016 00:45:35 GMT

@pizza1 wrote:
@Anonymous wrote:
@Anonymous wrote:
https://www.navyfederal.org/products-services/checking-savings/checking-protection.php

Scroll down until you see checking line of credit. Then scan to the right, it will say sign in to apply.
Thank you!

I applied, asked for only 5,000 and was instantly approved.
Thank you again!
UGH...this is where I wish people would read the mega threads on certain lenders. Always always ask for the max on CLOC which is $15k!! They counter back! If you got what you asked for, you left more on the table. Now, if you go back later and ask, it WILL be another HP. ALWAYS ask for max on their products, they counter!! On CC.....ask for $25k when asking for a CLI, they counter, anything past $25k always results in a maunual review. Congrats to you!

Okay, I'll make sure that I do that when I'm eligible.

Thank you for the tips!

Re: Navy Fed CLOC Question.

RonM21 — Thu, 09 Jun 2016 03:17:06 GMT

@Anonymous wrote:
@Anonymous wrote:
https://www.navyfederal.org/products-services/checking-savings/checking-protection.php

Scroll down until you see checking line of credit. Then scan to the right, it will say sign in to apply.
Thank you!

I applied, asked for only 5,000 and was instantly approved.
Thank you again!

Congrats on that instant approval!