topic Re: Nfcu in Credit Cards

Nfcu

Anonymous — Wed, 22 Aug 2012 15:03:21 GMT

Navcheck-conditionally approved. Said this after I verified since I have a fraud flag. All she said was I have to sign and fill out paperwork before I can activate it.
Cash rewards- approved, no amount.

After they both went into review I sent a message explaining anything I wanted on my credit profile and why I wanted these. I hope I got what I asked for. The app screen is so vague and I didn't get a text message.

What does conditionally approved mean?

Re: Nfcu

bbrannan — Wed, 22 Aug 2012 15:11:33 GMT

Just call them and tell them that you were conditionally approved. I was "conditionally approved" too but never got any email, text message or phone call. In my case, it meant that they needed to verify income. Once they did that, they mailed me the loan papers and I signed them and faxed them back in. Withing 2 days of me faxing the signed papers back, the NavCheck showed up under my accounts. Congrats!!

Re: Nfcu

Anonymous — Wed, 22 Aug 2012 18:51:45 GMT

when i app for my sig loan it was also conditionaly approve just call it 's a simple verification for phone;add;social;name; it took 2 mins and the funds was in my account.

Re: Nfcu

Anonymous — Wed, 22 Aug 2012 19:00:38 GMT

They only gave me 1/2 what I asked for on the navcheck (2.5k) and gave me 3k on the cc. I have to go to the branch or fax in my last 2 paychecks. Do you think after that I have a chance of asking for the 5k again? They said it was due to my debt to income which must mean they factored in school loans bc my cc debt is under 4% on my credit report.

Re: Nfcu

Anonymous — Wed, 22 Aug 2012 19:16:31 GMT

I would not push it bro just let it be its a start it will grow give it time get that score up im sure it will double in 6 months.

Re: Nfcu

swpopham — Wed, 22 Aug 2012 19:20:20 GMT

I agree. Quit pushing navy is temperamental and will take care of you if your patient

Re: Nfcu

jsickz32 — Wed, 22 Aug 2012 19:26:24 GMT

How you apply for this navcheck? I opened a checkin account with them when i joined...is this like a overdraft credit line?

Re: Nfcu

Anonymous — Wed, 22 Aug 2012 19:28:11 GMT

Yeah I wouldn't push it. Your scores are really low. Only NFCU would be giving you any kind of CL not in toy limit range.

Re: Nfcu

Anonymous — Wed, 22 Aug 2012 19:39:12 GMT

Jordan lots of good advice coming from the board look at the signature Navyfed it's always up ther with high limits.

someday i will have the same signature like Crashem

Re: Nfcu

bbrannan — Wed, 22 Aug 2012 19:42:45 GMT

@Anonymous wrote:
Jordan lots of good advice coming from the board look at the signature Navyfed it's always up ther with high limits.

someday i will have the same signature like Crashem

That is an awesome goal...unfortunately I don't really see myself being able to get a Palladium with that kind of limit. Oh, to dream tho...

Re: Nfcu

aloush11 — Wed, 22 Aug 2012 19:59:49 GMT

Does NFCU ask for paystubs anytime you apply? I just became a member yesterday but I dont want to apply until my Utl is under 9%. Should I get paystubs and proof of income ready?

Btw congrats on the approval!

Re: Nfcu

Anonymous — Wed, 22 Aug 2012 20:10:21 GMT

Unless your utilization is grossly high then there is no reason to wait to apply with NFCU. Tweaking just a few more points is unlikely to make a difference with them. They tend to approve with lower scores and blemishes and reward with credit lines that other institutions do not. And as stated with time they can grow substantially. One semi unproven point is NFCU seems to be slightly more generous if you have direct deposit with them. I am guessing that is because they know they could offset at least a part of their loss in case of default. Even without direct deposit they are sensitive to income when setting limits. But overall NFCU is one of the best and friendliest lenders if you can qualify. Just don't cross them. They NEVER forget if you burn them and default without paying.

Re: Nfcu

swpopham — Wed, 22 Aug 2012 21:12:50 GMT

Yes.almost everyone has had to provide proof at least once or twice with them but its painless

Re: Nfcu

aloush11 — Wed, 22 Aug 2012 21:20:44 GMT

@Anonymous wrote:
Unless your utilization is grossly high then there is no reason to wait to apply with NFCU. Tweaking just a few more points is unlikely to make a difference with them. They tend to approve with lower scores and blemishes and reward with credit lines that other institutions do not. And as stated with time they can grow substantially. One semi unproven point is NFCU seems to be slightly more generous if you have direct deposit with them. I am guessing that is because they know they could offset at least a part of their loss in case of default. Even without direct deposit they are sensitive to income when setting limits. But overall NFCU is one of the best and friendliest lenders if you can qualify. Just don't cross them. They NEVER forget if you burn them and default without paying.

My utl overall is about 20, but I also have a some alot of inq. I think that by having a lower utl I would have a higher chance at getting a better rate and higher CLI. Do you think I should apply for both at the same time or wait until I get an answer first on one app then apply for the next?

Re: Nfcu

Anonymous — Wed, 22 Aug 2012 21:21:50 GMT

congrats man they hooked you up. like others said you should wait maybe 6 mos and ask for cli. did they do one hp or 2? if so on just eq or tu?

Re: Nfcu

Anonymous — Wed, 22 Aug 2012 23:24:50 GMT

They only asked for them for the loan portion--the overdraft protection. I am not bothered by the cc limit, it's more than I expected but I've seen much higher limits given with the navcheck for ppl with scores 40 points lower than me so I guess I expected more (plus I have DD with them). One thing I have learned through this-- The overnight and night cs is sooooo much nicer than the day cs or maybe cc is nicer than loans lol. It's like night and day when just trying to ask a simple question.

Btw, I'm a chick (someone said bro lol)

Re: Nfcu

Anonymous — Wed, 22 Aug 2012 23:14:43 GMT

Root, it was 2 HP on EQ. nothing showing on TU.

Re: Nfcu

Anonymous — Wed, 22 Aug 2012 23:44:07 GMT

@Anonymous wrote:
They only asked for them for the loan portion--the overdraft protection. I am not bothered by the cc limit, it's more than I expected but I've seen much higher limits given with the navcheck for ppl with scores 40 points lower than me so I guess I expected more (plus I have DD with them). One thing I have learned through this-- The overnight and night cs is sooooo much nicer than the day cs or maybe cc is nicer than loans lol. It's like night and day when just trying to ask a simple question.

Btw, I'm a chick (someone said bro lol)

Sorry mam

Re: Nfcu

webhopper — Thu, 23 Aug 2012 00:20:14 GMT

Jordan; be happy with your approvals.

Try to increase after 12 months maybe

Re: Nfcu

Anonymous — Thu, 23 Aug 2012 00:30:15 GMT

Oddly enough, one of the things keeping my score low is I don't have any high cl cc over $2K according to EX. So hopefully this will help lol