topic Re: FICO score needed for ANY Navy Fedral Card??????????? in Credit Cards

FICO score needed for ANY Navy Fedral Card???????????

knightlynews — Mon, 22 Apr 2013 03:11:15 GMT

Very interested in obtaining a unsecured card from Navy Federal Credit Union! My EQ FICO is a digit or two below 600. Im wondering if they offer a unsecured card that can be obtained within that score range or is there nrewards secured card my only option?

Re: FICO score needed for ANY Navy Fedral Card???????????

Adalen — Mon, 22 Apr 2013 03:17:33 GMT

I believe I was at a 580 when approved for the cashRewards.. with a $7K CL. I don't know if time is a factor, but I've been a member since '83.

Re: FICO score needed for ANY Navy Fedral Card???????????

LS2982 — Mon, 22 Apr 2013 03:19:15 GMT

@knightlynews wrote:
Very interested in obtaining a unsecured card from Navy Federal Credit Union! My EQ FICO is a digit or two below 600. Im wondering if they offer a unsecured card that can be obtained within that score range or is there nrewards secured card my only option?

It's been well documented that NFCU approves members with scores below 600. It may not be much but it is definitely YMMV.

Re: FICO score needed for ANY Navy Fedral Card???????????

j_casteel — Mon, 22 Apr 2013 03:21:04 GMT

YMMV...it's really hard to say with NFCU. They could decline you, aprove you instantly for $10k, or make you wait 3-5 days for a $500 card.

Re: FICO score needed for ANY Navy Fedral Card???????????

j_casteel — Mon, 22 Apr 2013 03:21:36 GMT

Approve**

Damn iPhone

Re: FICO score needed for ANY Navy Fedral Card???????????

Siopao — Mon, 22 Apr 2013 03:36:03 GMT

@knightlynews wrote:
Very interested in obtaining a unsecured card from Navy Federal Credit Union! My EQ FICO is a digit or two below 600. Im wondering if they offer a unsecured card that can be obtained within that score range or is there nrewards secured card my only option?

I think you would have a pretty good chance. May not be instant, I'm waiting to hear back from them on my app.

Any baddies on your CR?

Re: FICO score needed for ANY Navy Fedral Card???????????

Anonymous — Mon, 22 Apr 2013 07:04:33 GMT

I got 10K with a EQ 634 with an instant decison. I also had 1 Collection from 07' and had a very high util at the time of the application. I felt I had a shot at something because I read the consent and it stated they will counter-offer another product if you are declined. YMMV and good luck!

Re: FICO score needed for ANY Navy Fedral Card???????????

bbb3601 — Mon, 22 Apr 2013 10:11:28 GMT

pulse+income=NFCU approval!! Good Luck i am sure you will be fine.

Re: FICO score needed for ANY Navy Fedral Card???????????

knightlynews — Mon, 22 Apr 2013 10:18:02 GMT

Thanks, been a member since '01.

Re: FICO score needed for ANY Navy Fedral Card???????????

knightlynews — Mon, 22 Apr 2013 10:24:28 GMT

Had 7 baddies, down to 2. I have a 5 mo old Cap1 secured (credit ut 30%), never late. I was going to apply for the secured, but I think after all the positive responses I will try for the unsecured. Maybe I should get one more month (May) of the Cap1 reporting and try to get my uti down to 10%. My ultimate goal is approval for a car loan in mid June through Navy Fed, so I was thinking the card would look good as far as establishing a relationship with them!

Re: FICO score needed for ANY Navy Fedral Card???????????

knightlynews — Mon, 22 Apr 2013 10:27:26 GMT

Thats very encouraging! They usually pull EQ right?

Re: FICO score needed for ANY Navy Fedral Card???????????

Mellon — Mon, 22 Apr 2013 10:43:53 GMT

Some have had TU pulled but for me they have always pulled EQ

Re: FICO score needed for ANY Navy Fedral Card???????????

CS800 — Mon, 22 Apr 2013 13:05:44 GMT

I have seen for a fact that one of my friend, still in the Army had an EQ FICO of 605 and got a $5K CL on the nRewards when he joined. He had about 2 collections reporting and his most recent late was a year ago.

They pulled EQ for the card and TU for the car loan but if you recon a CL, they HP again generally on TU. I have never seen them pull EX; maybe they do.

Good luck

Re: FICO score needed for ANY Navy Fedral Card???????????

Siopao — Mon, 22 Apr 2013 14:18:01 GMT

@knightlynews wrote:
Thats very encouraging! They usually pull EQ right?

NFCU pulled EQ for my CC app and for the NavCheck.

Good luck and keep us posted with the results!

Re: FICO score needed for ANY Navy Fedral Card???????????

Chris3k2 — Wed, 01 May 2013 16:56:37 GMT

I'm right around the same scores and am in the same predicament. I'm wondering is it more beneficial to just go into one of the branches and talk to them personally? I'm probably about 15 minutes away from the nearest branch.

Re: FICO score needed for ANY Navy Fedral Card???????????

blunderer — Wed, 01 May 2013 17:30:33 GMT

My scores were between 570 - 600 across the board when I applied for the Visa Platinum. It was a $500 limit but was increased to $1,000 when I requested a PC to the cash rewards. I applied shortly after becoming a member and had not set up any direct deposits or savings at the time.

I did everything online/via phone with very helpful customer service reps. Not sure about your local branches but mine are typically packed on any given day and not sure it's worth the hassle just to apply for a cc. You'll probably get approved. If not send a private message to recon explaining your circumstances. Worked for me.

Good luck!

Re: FICO score needed for ANY Navy Fedral Card???????????

Chris3k2 — Wed, 01 May 2013 17:37:14 GMT

I don't know if it was the time of day I went but the branch I went to looked dead almost. All the loan officers or whatever they are called were busy but nobody was waiting and there was no line for the tellers. That's a good idea though blunderer. I might take the plunge or try to wait for this medical collection I just paida week ago to update or come off.

Re: FICO score needed for ANY Navy Fedral Card???????????

Way — Wed, 01 May 2013 19:03:09 GMT

My credit score was sub 600 when I was initially approved for 1.5k cashrewards and 3k navcheck. It's been just over 6 months and my cashrewards is now 2k and navcheck just bumped to 7.5k. My EQ score was 596 for the CLI pulls due to high utilization and short history. Navy Fed has been good to me...like most you'll hear from here.

Re: FICO score needed for ANY Navy Fedral Card???????????

GetTheFico — Wed, 01 May 2013 21:49:59 GMT

Just to add to what some have already stated, I was below 600 when I was approved for nRewards with a 1K limit. I started with the secured nRewards card first though and had that for about 10 months or so. Looking back, I probably could've just went the unsecured route to begin with.

Re: FICO score needed for ANY Navy Fedral Card???????????

Chris3k2 — Wed, 01 May 2013 22:27:16 GMT

Very encouraging to hear that the below 600 people are getting approved. I think I'll wait for this medical collection to post as paid first. It can only help right. Lol.