topic Re: NFCU in Credit Cards

NFCU

Anonymous — Thu, 20 Sep 2012 18:45:58 GMT

How long did it take for your approved NFCU cc to report on your credit report? Did it impact it significantly?

Re: NFCU

bbb3601 — Thu, 20 Sep 2012 18:47:55 GMT

Mine was about 1 week on EQ. As far as the others I dont know. My score went up a click due to UTI....YMMV

Re: NFCU

bichonmom — Thu, 20 Sep 2012 19:17:06 GMT

Theydidn't report for several weeks for me. I was approved at beginning of Nov and it didn't start reporting till the end of themonth. However, they report monthly like clockwork a day after the stmt date.

Re: NFCU

Anonymous — Thu, 20 Sep 2012 19:20:41 GMT

@bichonmom wrote:
Theydidn't report for several weeks for me. I was approved at beginning of Nov and it didn't start reporting till the end of themonth. However, they report monthly like clockwork a day after the stmt date.

Thanks bbb and bichonmom....trying to gauge if my score will increase or go down a few points

Re: NFCU

CS800 — Thu, 20 Sep 2012 19:24:39 GMT

Took about 2 weeks to report on EX and EQ. TU took about 4 weeks to show up

Re: NFCU

bichonmom — Thu, 20 Sep 2012 19:26:20 GMT

Impossible to predict. If you're tracking our AAOA, that might give you an idea. If a new acct drops your AAOA to a lower year - like from 4 yrs to 3 yrs, then a FICO drop islikely. But even without the aaoa drop, your FICO can still drop from a new acct. Some of my new accts have had drops and some haven't. I haven't recognized any pattern at this point, besides the AAOA factor.

Re: NFCU

Anonymous — Thu, 20 Sep 2012 19:29:59 GMT

Tracking! I well just wait it out! Thought I could gather some type of rhyme or reason but Ill leave that to the FICO warlords!

Re: NFCU

calihlove75 — Thu, 20 Sep 2012 19:35:56 GMT

@Anonymous wrote:
How long did it take for your approved NFCU cc to report on your credit report? Did it impact it significantly?

Mine reported after they cut the first statement which was 2-3 weeks. You can message them and ask them your statement date..I did. I don't recall a significant drop in score but I know there was not a gain either. The Walmart card I was approved for a few days ago reported already and I took a 9 point loss.

Re: NFCU

Way — Thu, 20 Sep 2012 19:45:50 GMT

I was approved on 8/30, got my card on 9/7 and it hit my reports on 9/13. It also showed as a good tradeline for the month of Auguest which I did not expect.

Re: NFCU

Way — Thu, 20 Sep 2012 19:47:20 GMT

To answer your second question, I saw a bump of about 12-15 points due primarily to improved utilization.

Re: NFCU

bichonmom — Thu, 20 Sep 2012 20:09:40 GMT

@Way wrote:
I was approved on 8/30, got my card on 9/7 and it hit my reports on 9/13. It also showed as a good tradeline for the month of Auguest which I did not expect.

IME, regardless of when a CC begins to report, the "opening date" on our CR is the date you were approved because that's technically the date the acct was opened.

Re: NFCU

Way — Thu, 20 Sep 2012 20:18:47 GMT

I assumed as much in this case. I thought my experience was different with cap one, but I could be mistaken.

Re: NFCU

Anonymous — Thu, 20 Sep 2012 20:30:07 GMT

@Way wrote:
I assumed as much in this case. I thought my experience was different with cap one, but I could be mistaken.

The same for me with HSBC/Orchard bank...it didnt report until the statement was mailed

Re: NFCU

Anonymous — Thu, 20 Sep 2012 20:30:20 GMT

Thanks everyone!

Re: NFCU

Way — Thu, 20 Sep 2012 20:33:04 GMT

Sorry to hijack and this really doesn't matter at all, but I was curious so went back to dig it up. I was approved for Cap One the last week of January. As we all know, they are slow and I didn't receive and activate the card until Feb 17th. My credit report doesn't have anything for Cap One for January so I guess it's either a difference in providers or perhaps it just varies from person to person.