topic Re: NFCU...IS IT WORTH IT? in Credit Cards

NFCU...IS IT WORTH IT?

CAnNY — Tue, 16 Jul 2013 01:38:40 GMT

Sitting here reading post and after all this time since March of trying to fix my credit it just dawned on me that my baby bro is in the Navy. HELLO!

Now my questions is, my scores are in my sig. Is it worth me when my six mos for my two secured cc roll around in september should I app for cc with NFCU? I do hv a bk13 discharge that will fall off in October. If that matters and one coll on my report that will fall off next year if I don't decide to pay the $200 and have it fall of immediately based on CRTP.

Ant thoughts?

Re: NFCU...IS IT WORTH IT?

kilj0y — Tue, 16 Jul 2013 01:44:19 GMT

I would say it is most definitely worth it. When other lenders have turned my down in the past, Navy has never said no to me. They are truely the best and most generous Lender around. If you take care of them, they will take care of you as well.

I would also get while the getting is good, I am not sure how true it is but there are rumors that big credit unions (like NFCU) are going to be taxed to where they will be on par with regular banks as far as credit limits and lending standards. I have only read this in a few threads but have not done any research.

Re: NFCU...IS IT WORTH IT?

CAnNY — Tue, 16 Jul 2013 03:20:24 GMT

I signed up. It said something about 3 days maybe for approval. Guess I will see what happens.

Re: NFCU...IS IT WORTH IT?

CAnNY — Tue, 16 Jul 2013 03:22:27 GMT

I did not app I simply signed up for a savings acct. for now. Once approved then I will app unless someone thinks I should wait. I would like to wait til oct but based on the prev comment not sure I have time to wait.

Re: NFCU...IS IT WORTH IT?

blunderer — Tue, 16 Jul 2013 17:21:29 GMT

I would apply if I were you. No need to wait. As stated on many, many, many, different post, NFCU is very generous as well as forgiving therefore offer good opportunities to enhance your credit file which will help to increase your credit score. It's been suggested that setting up checking and direct deposit if possible could be even more beneficial when looking for new credit/CLI. Either way, as some of the greats here have said, "be good to them and they will be good to you". Good Luck!

BTW: I applied when my scores were high 500's/low 600's and was approved. I've had the card for less than a year and already received 3 CLI.

OAN-NFCU will probably HP me just for providing advice to app

Re: NFCU...IS IT WORTH IT?

09Lexie — Tue, 16 Jul 2013 17:45:28 GMT

Definitely worth it!

Re: NFCU...IS IT WORTH IT?

Anonymous — Tue, 16 Jul 2013 18:08:55 GMT

Definitely worth it!

I was under the impression that the service member needed to sign up before I could join which delayed me from joining sooner. When I found out my DH does not need to be a member, I called quick! I was approved for membership over the phone immediately. One the same call, I applied for the credit card and was told 3-5 days.

I logged in that night and saw my approved credit limit of $5000. I called back to have it switched to the Flagship Rewards and asked for another $2000. I was given both with no issues. I applied the next weekend for the NavCheck for the max of $15K. I was conditionally approved the next day which meant to send in 2 paystubs and my bank statement. Just received the approval today. $22K in credit added in 2 weeks from NFCU!

Compare that to CapOne giving me $1000 instant approval on their card in the same period.

Scores not that stellar - 668 EQ, 712 TU, EX 651, good personal income. Chap 7 BK discharged in 1/2009

NFCU you will give you a chance. Just be good back to them!

Best of luck!

Re: NFCU...IS IT WORTH IT?

CAnNY — Tue, 16 Jul 2013 22:58:56 GMT

I went ahead and applied with a rep, got the 3-5 mssg. I couldnt apply online because I only got the savings acct and it seems when setting up online banking you have to submit a request to do that also which requires you to wait for something to come in the mail. Anyway, I will call tomorrow to see if they have any additional status. Hoping for at least $1000. If not approved I will wait until Oct when my bk13 falls off and the last coll on my EQ report I probably will have decided to get rid of too by then.

Re: NFCU...IS IT WORTH IT?

Anonymous — Wed, 17 Jul 2013 00:00:25 GMT

Worth it?!?!

Does the bear crap in the buckwheat or what?

App and find out. lol They already HP'd you anyway as soon as you thought about apping for one of their products.

Re: NFCU...IS IT WORTH IT?

webhopper — Wed, 17 Jul 2013 00:04:16 GMT

It's definitely worth it!

Re: NFCU...IS IT WORTH IT?

kilj0y — Wed, 17 Jul 2013 00:05:51 GMT

Goodluck

Re: NFCU...IS IT WORTH IT?

Pharoe33 — Wed, 17 Jul 2013 06:58:09 GMT

I highly recommend you apply for a checking and savings account with Navy Fed. I recently applied and was approved for my accounts last Monday. Last Friday I applied for 2 Credit cards with them and were approved this Monday for both cards. I'm debating applying for a car loan this week !! Honestly NFCU has been good to me and gave me a chance that others would'nt so I'm certain if they are taking care of me, they will do the same for you. Get those accounts and build a good relationship with them.

Re: NFCU...IS IT WORTH IT?

chnceit — Wed, 17 Jul 2013 07:36:00 GMT

Navy Fed is one of the best and is very generous. Keep us posted!

Re: NFCU...IS IT WORTH IT?

Mellon — Wed, 17 Jul 2013 12:17:10 GMT

yes it is worth it... NAVY has been good to me

Re: NFCU...IS IT WORTH IT?

CAnNY — Wed, 17 Jul 2013 15:18:18 GMT

Got a call from them this morning to verify last four of social and mother maiden name which was odd considering I gave that last night. The call was from a VA number so I assume it was legit. He said should have a response within 24hrs. Will call them to verify someone truly called me. Hope I didn't give my info to a CA.

Re: NFCU...IS IT WORTH IT?

CAnNY — Wed, 17 Jul 2013 16:05:04 GMT

Just got text that I am approved. Not sure of the amount. Yippeeeee!!!!

Re: NFCU...IS IT WORTH IT?

blunderer — Wed, 17 Jul 2013 17:42:09 GMT

Woo Hoo! Congratulations.

If you have online access to your account you'll see the credit card showing up as one of your accounts. Click on it and you'll see your limit or you can call the toll free number.

Congrats!!!!

Re: NFCU...IS IT WORTH IT?

MsLadyRover — Wed, 17 Jul 2013 17:45:35 GMT

Congratulations!

Re: NFCU...IS IT WORTH IT?

Anonymous — Wed, 17 Jul 2013 18:22:15 GMT

Whoo hooo!

Congratulations!

Re: NFCU...IS IT WORTH IT?

CAnNY — Mon, 22 Jul 2013 22:46:32 GMT

HERE IS THE RECAP OF EVENTS:

Day one, I applied for their savings acct only, got approved on the next day after faxing docs. The same evening of the approval I app'd for the nRewards card via phone and got the 3-5 mssg. Day 3 received a call for me to verify a couple things like last four of social, mothers maiden name and one other thing. Two hours later received text that I was approved for the nRewards. Day 4, I received a call from a rep to go over their services, they talked me into getting a checking account, enrolled me in the online services and I setup passcodes for online and for my debit card. This call took about 20mins or so. The rep said I was pre-approved I thought for the cash rewards card, but also offered the platinum card. I applied for the platinum card and got the 3-5 day mssg. Day six Saturday afternoon I received a call to verify I applied for the Platinum MC and said it would be another 24-48hrs before I would know one way or the other. Day eight I received a text I was approved for the MC.

All of the above led to 5 hard pulls - 2 hard pulls on Equifax and 3 on TU. Two of them on TU clearly state "visa". I am guessing they pulled EQ for the Savings & Checking and TU for the actual cards I applied for, one is Visa and the other is MC.

I now have two major credit cards that are not secured and I know will grow with me. YIPPY!!!! Thank you MYFICO FORUMS!!! I could not have done it without you, oh and the credit repair company I used, too lazy to do it myself. All in 5 short months!!