topic Re: Navy Federal Credit Union? in Credit Cards

Navy Federal Credit Union?

Uncle_Money — Sat, 17 Oct 2009 03:09:15 GMT

Hey Guys,

I'm looking to app next month. I'm thinking of a credit union, though and as it turns out, I'm eligible to join Navy Federal through my dad. Is this worth the app? I hear good things about them. I also know they're a very secure union.

My credit should be app ready in November as I just significantly paid off accounts. What kind of scores would I be needing for an approval?

Any feedback is appreciated, thanks!

Uncle Money

Re: Navy Federal Credit Union?

smallfry — Sat, 17 Oct 2009 03:17:15 GMT

Do you bend over to pick up $100 bills on the street? Of course you should go for NFCU. Good luck.

Re: Navy Federal Credit Union?

Uncle_Money — Sat, 17 Oct 2009 03:20:32 GMT

No, because the $100 bills in my pockets would fall out

How are they will credit lines?

Re: Navy Federal Credit Union?

Anonymous — Sat, 17 Oct 2009 04:39:53 GMT

@Uncle_Money wrote:
No, because the $100 bills in my pockets would fall out

How are they will credit lines?

Best in the business.

This is an ultimate no brainer. If you can you must!

Re: Navy Federal Credit Union?

Uncle_Money — Sat, 17 Oct 2009 04:49:00 GMT

Thanks, CWCID.

What kind of credit stats are we talking about for an approval with NFCU?

Re: Navy Federal Credit Union?

Anonymous — Sat, 17 Oct 2009 04:58:33 GMT

There are tons of stories related here of approvals at 650 and lower. With good credit and a decent income you can get stellar CL's from NFCU. Their service is also top notch. You will not regret joining/app'ing credit there.

Re: Navy Federal Credit Union?

Uncle_Money — Sat, 17 Oct 2009 05:49:35 GMT

Then its settled. NFCU it is next month!

Re: Navy Federal Credit Union?

Anonymous — Sun, 18 Oct 2009 17:57:48 GMT

Just a quick reply about Navy Federal. I had a chat with them yesterday regarding application for a cc. I stated I wanted to do a transfer from Juniper/Barclay as they were going to a variable rate and my new rate would be approximately 14.9% vs 8.99%. I was informed that Navy federal is also moving to a variable rate because of the new CC act effective Feb 2009. I also asked who they pull from and she said Equifax and also informed me it was a 'soft pull' (THought you might be interested)

Re: Navy Federal Credit Union?

Anonymous — Sun, 18 Oct 2009 18:15:41 GMT

@Anonymous wrote:
Just a quick reply about Navy Federal. I had a chat with them yesterday regarding application for a cc. I stated I wanted to do a transfer from Juniper/Barclay as they were going to a variable rate and my new rate would be approximately 14.9% vs 8.99%. I was informed that Navy federal is also moving to a variable rate because of the new CC act effective Feb 2009. I also asked who they pull from and she said Equifax and also informed me it was a 'soft pull' (THought you might be interested)

I doubt any lender will not be on a variable rate come FEB (unless their interest rate is alreadys sky high).

Re: Navy Federal Credit Union?

nathan — Sun, 18 Oct 2009 22:41:17 GMT

I also asked who they pull from and she said Equifax and also informed me it was a 'soft pull' (THought you might be interested)

Definately not a soft pull. They will do hard pull for all cc applications including cli or interest reduction.

Re: Navy Federal Credit Union?

Anonymous — Mon, 19 Oct 2009 00:04:15 GMT

NFCU is a soft INQ for membership!

Re: Navy Federal Credit Union?

Uncle_Money — Mon, 19 Oct 2009 02:10:39 GMT

CWCID,

That is awesome!

What about a loan or CC app?

Re: Navy Federal Credit Union?

Anonymous — Mon, 19 Oct 2009 02:32:05 GMT

If you app credit you will get harded and if you don't handle yourself exactly right it will be one hard per product.

Re: Navy Federal Credit Union?

haulingthescoreup — Mon, 19 Oct 2009 22:04:38 GMT

creditwherecreditisdue wrote:
NFCU is a soft INQ for membership!

I've pulled two full EQ reports since joining, and interestingly, there's still no soft inq (or hard) displaying.

Maybe I sound super-trustworthy on the phone??

Re: Navy Federal Credit Union?

smallfry — Mon, 19 Oct 2009 22:09:03 GMT

Penfed and NFCU have pulled my EQ every quarter since I have had their credit products.

Re: Navy Federal Credit Union?

haulingthescoreup — Mon, 19 Oct 2009 22:17:26 GMT

Yep, I see my usual Penfed soft, but nothing from Navy, or anything that I don't recognize, or that could be interpreted as Navy.

Re: Navy Federal Credit Union?

smallfry — Mon, 19 Oct 2009 22:33:05 GMT

@haulingthescoreup wrote:
Yep, I see my usual Penfed soft, but nothing from Navy, or anything that I don't recognize, or that could be interpreted as Navy.

I thought you just joined Navy.

Re: Navy Federal Credit Union?

haulingthescoreup — Mon, 19 Oct 2009 22:34:14 GMT

I did, three or so weeks ago. What I meant was that they didn't soft me upon joining, for membership, as CWCID had posted. I'm sure they soft others on joining, and they will soft me periodically, with or without a credit product, but so far, nuthin'.

Re: Navy Federal Credit Union?

Anonymous — Mon, 19 Oct 2009 22:36:49 GMT

haulingthescoreup wrote:
creditwherecreditisdue wrote:
NFCU is a soft INQ for membership!

I've pulled two full EQ reports since joining, and interestingly, there's still no soft inq (or hard) displaying.

Maybe I sound super-trustworthy on the phone?? :D

Maybe they consulted a ouija board to confirm your identity. It could work...

Re: Navy Federal Credit Union?

haulingthescoreup — Mon, 19 Oct 2009 22:38:14 GMT

creditwherecreditisdue wrote:

haulingthescoreup wrote:
creditwherecreditisdue wrote:
NFCU is a soft INQ for membership!

I've pulled two full EQ reports since joining, and interestingly, there's still no soft inq (or hard) displaying.

Maybe I sound super-trustworthy on the phone?? :D
Maybe they consulted a ouija board to confirm your identity. It could work...

Oh well, they've got my $50 for share savings and $100 for checking. And that probably won't change, if they don't get around to sending me my PIN for my check card.