topic Re: CCCU in Credit Cards

CCCU

Anonymous — Tue, 16 Oct 2007 04:23:14 GMT

Ok Guys I finally applied for CCCU. I got a message that loan officer will contact me next business day.

What do you think arroved or declined?

Thanks

Re: CCCU

Anonymous — Tue, 16 Oct 2007 04:26:39 GMT

Normal- they do not do instant approvals-
They manually review each application.

Re: CCCU

Anonymous — Tue, 16 Oct 2007 04:28:38 GMT

Thanks for your reply Tim. What do you think about my approval rate? My ex fico score is 648.

thanks

Re: CCCU

Anonymous — Tue, 16 Oct 2007 04:30:49 GMT

Score is fine-
They will ask for a W-2 with your score and look at your DTI.

They gave my 5K with a score lower than yours.

Re: CCCU

Anonymous — Tue, 16 Oct 2007 04:33:14 GMT

Last year I made around 1,40,000 . This year I am already over 6 figure . I dont mind showing them W 2 form or tax returns

Re: CCCU

Anonymous — Tue, 16 Oct 2007 04:34:46 GMT

Tim I just asked for 500 credit limit. Is it ok?

Re: CCCU

Anonymous — Tue, 16 Oct 2007 04:35:38 GMT

Great- just make sure you include that other zero when she asks.

@Anonymous wrote:
Last year I made around 1,40,000 . This year I am already over 6 figure . I dont mind showing them W 2 form or tax returns

Re: CCCU

Anonymous — Tue, 16 Oct 2007 04:36:59 GMT

I have paid collections though.

Re: CCCU

Anonymous — Tue, 16 Oct 2007 04:39:25 GMT

they also look at you bk potential (fico ii) when they review. if you have any cars or want loc, or loan while you have the uw on the phone chime in they approve multiple products on a single pull.

Re: CCCU

Anonymous — Tue, 16 Oct 2007 04:41:47 GMT

Here is my w2 form it shows around 1,10,000. It does not include the bonus of 30,000 though

Box 1 of W-2 Box 3 of W-2

GrossPay 110,575.80 110,575.80 110,575.80 110,575.80

Less 401(k)(D-Box12) 15,000.00 N/A N/A N/A

Less OtherCafe125 719.50 719.50 719.50 719.50

WagesOverLimit N/A 15,656.30 N/A N/A

Reported W-2 Wages 94,856.30 94,200.00 109,856.30 109,856.30

Re: CCCU

Anonymous — Tue, 16 Oct 2007 04:43:59 GMT

What Credit limit should I ask for?

Thanks

Re: CCCU

Anonymous — Tue, 16 Oct 2007 04:57:03 GMT

Start with something like 10K or alittle above your highest CL.

@Anonymous wrote:
What Credit limit should I ask for?
Thanks

Re: CCCU

Anonymous — Tue, 16 Oct 2007 12:58:01 GMT

Tim My highest credit card limit is 400 from orchard bank

Re: CCCU

Anonymous — Tue, 16 Oct 2007 13:36:38 GMT

If my highest limit is 400. Can I still ask CCCU for 10k Limit if my exp score is 648?

Thanks

Re: CCCU

Anonymous — Tue, 16 Oct 2007 13:48:22 GMT

Ask - they will most likely counter with a lower CL.
Nice round number to start with.

Re: CCCU

Anonymous — Tue, 16 Oct 2007 13:53:00 GMT

ok i will ask 10k . I hope they dont have heart attack

Re: CCCU

orl2185 — Tue, 16 Oct 2007 14:04:57 GMT

This CU is very slow in processing apps

Sent in my requests close to 2 months now with no reply. Spoke to CSR recently, they told me they really backed up with apps. Really thinking about cancelling my membership with them. Not even a courtesy call from them in reference to my app

Re: CCCU

Anonymous — Tue, 16 Oct 2007 14:08:26 GMT

I hope I dont have to wait that long

Re: CCCU

orl2185 — Tue, 16 Oct 2007 14:11:04 GMT

Not sure what is going on with them, really slow process

Re: CCCU

Anonymous — Tue, 16 Oct 2007 14:19:54 GMT

@orl2185 wrote:
Really thinking about cancelling my membership with them. Not even a courtesy call from them in reference to my app

That would be a really big mistake. These folks are absolutely fantastic, really some very nice people over there. It's well worth the wait. I really cannot say enough about them, they are absolutely my favorite banking relationship, and I have MANY.

On top of the 2.9% for 18 months they mailed me a 3.9% for LIFE BT offer in my 2nd or 3rd statement.