topic Re: nfcu in Credit Cards

nfcu

MsKiwi — Tue, 08 Sep 2009 23:25:11 GMT

ok...Last summer the BOA secured card was the card to have. There were other cards but WTH my scores didn't support those cards.

my question is.................. I am going to close my BOA accounts ( I see no future with this bank) I am going to sink my secondary accounts with NCFU. Should I directly apply for a card and what card ( my scores are 630 ish) or should I just sink my $$ into a secured card with nfcu?

BOA was a promise last year so I sunk a bunch of money with them. They still don't love me. I just want to know what you all think of NFCU.

Re: nfcu

nathan — Tue, 08 Sep 2009 23:28:28 GMT

Sounds like a good idea to me.

Re: nfcu

Anonymous — Tue, 08 Sep 2009 23:47:18 GMT

depending on the nature of your derogs....a 630 with adequate income to justify will get a CC unsecured with NFCU. What other TL's and open accounts do you have? What kind of reported debt do you have? What derogs do you have and how recent?

Putting money with NFCU helps. Putting a direct deposit helps even more.

But, there are many who had 620-660 scores who were approved for unsecured CC....some even for 2 (Visa and MC).

NFCU is about as good as it gets for a creditor who will work with you. PSECU is another, if you can qualify.

Re: nfcu

Anonymous — Tue, 08 Sep 2009 23:56:32 GMT

NFCU is very generous and you may be able to get an unsecured CC with them. I firmly believe if you call the CC department at NFCU, the CSR will try his/her best to advise you without a hard pull what the current FICO score requirements are for an unsecured NFCU CC. Obviously, all of your credit portfolio records will be considered when you apply. Based on your score alone you have a good chance, IMHO, to be approved for an unsecured CC with NFCU. As you probably know NFCU will only pull EQ.

In either a case secured or unsecured CC with NFCU is a great way to go for your long term credit needs. IMO

Message Edited by plasticman on 09-08-2009 04:56 PM

Re: nfcu

Anonymous — Wed, 09 Sep 2009 02:02:42 GMT

I just received a NFCU Visa rewards card EQ score 654 70,000 yearly pay I got a 10,000.00 CL 11.90 APR. I only had one derog on my CR a paid/charge off almost two years old hope this helps. NFCU is my highest CL their CSR's are second to none they will answer any and all question. I will try their NAVchek LOC in the future. good luck if you pull the trigger let us now the outcome if you do.

Re: nfcu

wmarat — Wed, 09 Sep 2009 02:10:22 GMT

1. Good idea to close BOA.

2. Would you like temporarily adopt me (how poor immigrant can get in NFCU?)

Re: nfcu

Anonymous — Wed, 09 Sep 2009 02:48:12 GMT

603 EQ Fico got me an unsecured Cash Rewards Visa. No direct deposit, couple houndred holding the account. High income. $1200 limit.

Re: nfcu

Anonymous — Wed, 09 Sep 2009 05:44:36 GMT

I have a good hunch that NFCU approve me

See my score journey!! http://ficoforums.myfico.com/fico/board/message?board.id=rebuildingcredit&thread.id=82437

I'm looking for a large unsecured card for company travel (expense statement when you return) and an auto loan refi (currently at 14% with about $6,000 of principal left). My yearly income is 75k.

I just have to ask, is there some way for a non DoD person to get in, or if another myFicoer is willing to sponser?

If not, what CU would be the next pick? PenFed?

Message Edited by geekhou05 on 09-09-2009 12:44 AM

Re: nfcu

Anonymous — Wed, 09 Sep 2009 06:29:15 GMT

if your in mil. i think that weighs more than your income. Im in the mil and obviously i dont make as much as some people on here (70k+) but i got approved for 7500 with a 660 eq. (which they pull) and a 90 days late from over 4 yrs ago.

NFCU and USAA are my goto banks. They are the best.

Re: nfcu

Anonymous — Wed, 09 Sep 2009 13:45:54 GMT

@Anonymous wrote:
I have a good hunch that NFCU approve me
See my score journey!! http://ficoforums.myfico.com/fico/board/message?board.id=rebuildingcredit&thread.id=82437

I'm looking for a large unsecured card for company travel (expense statement when you return) and an auto loan refi (currently at 14% with about $6,000 of principal left). My yearly income is 75k.

I just have to ask, is there some way for a non DoD person to get in, or if another myFicoer is willing to sponser?

If not, what CU would be the next pick? PenFed?
Message Edited by geekhou05 on 09-09-2009 12:44 AM

Unless you have a direct family member (parent, granparent, spouse, child or household member), then you cannot get in. You cannot be sponsored by anyone else if you don't have a military or DoD connection yourself.

I would suggest Alliant or PSECU (very limited FOM also) before PenFed. PenFed is much more conservative and IMO less accessible (you cannot speak to a LO).

USAA is another great one, but requires a military or have a parent in, retired or seperated from military after Jan 1, 1996.

Re: nfcu

pattycake — Wed, 09 Sep 2009 14:16:58 GMT

wmarat - you are HARDLY a poor immigrant. You have the highest CLs of anyone on this board!!!!!

Re: nfcu

Anonymous — Wed, 09 Sep 2009 14:33:28 GMT

Alliant it is!

Re: nfcu

MsKiwi — Wed, 09 Sep 2009 17:28:13 GMT

@wmarat wrote:
1. Good idea to close BOA.

2. Would you like temporarily adopt me (how poor immigrant can get in NFCU?)

If you'll share some of your CL's with me. LOL Come on Son, I'll help you out.

Re: nfcu

MsKiwi — Wed, 09 Sep 2009 17:32:23 GMT

@Anonymous wrote:
depending on the nature of your derogs....a 630 with adequate income to justify will get a CC unsecured with NFCU. What other TL's and open accounts do you have? What kind of reported debt do you have? What derogs do you have and how recent?

Putting money with NFCU helps. Putting a direct deposit helps even more.

But, there are many who had 620-660 scores who were approved for unsecured CC....some even for 2 (Visa and MC).

NFCU is about as good as it gets for a creditor who will work with you. PSECU is another, if you can qualify.

I have 5 open TL's all in good standing. I have a few derogs that will age off next year. I may just wait to be on the safe side. I still plan on making them my 2nd bank. I like to have one bank local, just in case. Direct deposit will be my next move.