topic Re: NFCU....New Member in Credit Cards

NFCU....New Member

jwduke — Sat, 06 Oct 2012 16:55:47 GMT

I joined NFCU last month. All I have is a checking & savings account there. I see, loking at my credit report, I have a credit inquiry from them. I have applied for no cards, or Navcheck. I am waiting for my number of inquiries to drop (I am at 8 in the last yr) THANKS!

Re: NFCU....New Member

Duncanrr — Sat, 06 Oct 2012 17:40:49 GMT

It could be inquiry for membership. From what I've read they are a little HP happy.

Re: NFCU....New Member

shakalaka — Sat, 06 Oct 2012 17:44:56 GMT

Almost every CU does an inq AFAIK.

Alliant was one for me also. I guess cu want to select, who they have as members.

Re: NFCU....New Member

jwduke — Sat, 06 Oct 2012 17:55:28 GMT

Thanks, Duncanrr, I was wondering if thats the case.

Re: NFCU....New Member

Anonymous — Sat, 06 Oct 2012 19:45:13 GMT

They are pull happy, but the benefits of membership are well worth the initial hit. Pretty much everything you do with them that is credit related from here on out will result in at least one HP, and often multiples. Case in point, I applied for NAVChek, an auto refinance and a credit card with them all on the same day. It generated three separate pulls.

Re: NFCU....New Member

beautybrainsbooty — Sat, 06 Oct 2012 22:46:17 GMT

Totally worth the hard hits. I applied for membership, HP. Then the signature card and got a HP. Line of Credit, HP. However, they treat you like gold so if they need to pull each and every time on each and every thing, be my guest. This is one credit union I am so very very proud to be a part of. They give you opportunites to have the lifestyle YOU want, without the strain. Let em pull and treat them right. They, in turn will treat you right

Re: NFCU....New Member

Duncanrr — Sun, 07 Oct 2012 00:25:49 GMT

Do they pull the same report each time or mix it up?

Re: NFCU....New Member

gettnthere — Sun, 07 Oct 2012 00:33:16 GMT

@Duncanrr, i have no personal experience with Navy, but from what i hear, they are huge EQ happy pullers, often placing 3 EQ Hp's in a single day

Re: NFCU....New Member

Anonymous — Sun, 07 Oct 2012 00:35:29 GMT

@Duncanrr wrote:
Do they pull the same report each time or mix it up?

It seems to vary depending on what sort of mood they are in or where the moon happens to be in the sky at any given moment. They usually pull the same one for multiple applications within a period of time, but may switch to a different one later on. Occasionally, for marginal apps, etc. they may pull multiple bureaus for the same application.

At least in my experience with them, they tend to pull EQ. YMMV

Re: NFCU....New Member

madmann26 — Sun, 07 Oct 2012 01:46:43 GMT

I got HP'd for a secured card. Lol

Re: NFCU....New Member

mfoxxx — Sun, 07 Oct 2012 01:55:38 GMT

All my pulls were Equifax.

Re: NFCU....New Member

Duncanrr — Sun, 07 Oct 2012 02:07:36 GMT

@madmann26 wrote:
I got HP'd for a secured card. Lol

I can 1-up ya. I had HP on each CR for crap1 secured card.

Re: NFCU....New Member

XxRaVeNxX — Sun, 07 Oct 2012 02:40:37 GMT

I don't know why you're hesitating, I got 21 inquries on my Equifax approved for a 5K limit on their cash rewards and a 3K limit on the NavCheck...

They don't care about inquiries...

Re: NFCU....New Member

Anonymous — Sun, 07 Oct 2012 02:44:11 GMT

US Patriot Act requires financial institutions to know their clients. HPs are one way a trail is created if NFCU is audited for compliance.