topic Re: Is Navy Federal Credit Union Forgiving? in Credit Cards

Is Navy Federal Credit Union Forgiving?

jamerican-girl — Mon, 17 Oct 2022 16:47:20 GMT

I see a lot of posts about Navy Federal Credit Union and would love to get back in. The back story is that I had a NFCU credit card and loan back in the 2006. I ended up filing for Chapter 13 and the loan and card were included. They got something from the trustee but not much. I think it was about $10,000. Does anyone know how forgiving they are? Or would I be blacklisted for life? Just curious.

Re: Is Navy Federal Credit Union Forgiving?

Vuby22 — Mon, 17 Oct 2022 17:00:53 GMT

Life until PIF.

Re: Is Navy Federal Credit Union Forgiving?

cashorcharge — Mon, 17 Oct 2022 19:42:38 GMT

NFCU will not extend any credit products to you untill you make them 100% whole again.

Re: Is Navy Federal Credit Union Forgiving?

sznthescore — Mon, 17 Oct 2022 23:12:18 GMT

^^^^^ What they said 👆🏽. I was once kicked out the club, but they let me back in after I paid every red cent owed.

Re: Is Navy Federal Credit Union Forgiving?

OmarGB9 — Tue, 18 Oct 2022 03:19:19 GMT

@cashorcharge wrote:
NFCU will not extend any credit products to you untill you make them 100% whole again.

Re: Is Navy Federal Credit Union Forgiving?

jamerican-girl — Tue, 18 Oct 2022 12:13:31 GMT

Thank you all for the feedback. I will just leave it alone!

Re: Is Navy Federal Credit Union Forgiving?

SUPERSQUID — Tue, 18 Oct 2022 15:24:53 GMT

@jamerican-girl wrote:
Thank you all for the feedback. I will just leave it alone!

Penfed is a good credit union. I see you have 2 of their cards, just stick with them.

Re: Is Navy Federal Credit Union Forgiving?

FireMedic1 — Tue, 18 Oct 2022 15:57:14 GMT

@OmarGB9 wrote:
@cashorcharge wrote:
NFCU will not extend any credit products to you untill you make them 100% whole again.

@OmarGB9Keyboard break? or silence is gloden......

Re: Is Navy Federal Credit Union Forgiving?

jamerican-girl — Tue, 18 Oct 2022 17:06:15 GMT

@SUPERSQUID, yes, I am very happy with PenFed so I'll leave NFCU alone. No use poking that bear.

Re: Is Navy Federal Credit Union Forgiving?

OmarGB9 — Tue, 18 Oct 2022 18:18:59 GMT

@FireMedic1 wrote:
@OmarGB9 wrote:
@cashorcharge wrote:
NFCU will not extend any credit products to you untill you make them 100% whole again.

@OmarGB9Keyboard break? or silence is gloden......

It was beautifully explained. Really nothing more to add.

Re: Is Navy Federal Credit Union Forgiving?

nbnsraz — Sat, 07 Jan 2023 05:21:55 GMT

I had a card get really late, but never charge-off with Navy. They would not let me get a new credit card with them until I had completely paid off the closed account, even though it had been current for a while. My application was an instant denial. I was able to open a new card after paying off the old one though, so that was nice.

Honestly feel like more banks should be like that, American Express is also known for it's long memory of your deliquencies.

Re: Is Navy Federal Credit Union Forgiving?

mspenny — Thu, 21 Sep 2023 22:44:19 GMT

How long did you have to wait before reapplying?

Re: Is Navy Federal Credit Union Forgiving?

Guyatthebeach — Fri, 22 Sep 2023 03:15:54 GMT

@jamerican-girl,

I'm assuming your chapter 13 has been settle and discharged. I would call Navy Federal and find out if your prior debt was paid in full from the chapter 13 disbursements and if you are eligible to apply for new credit or loan products. The worst thing the can say is no.

Guyatthebeach