topic Re: NFCU in Credit Cards

NFCU

Anonymous — Mon, 02 Jun 2008 02:36:42 GMT

Does anyone know specifically the things NFCU wont like to see (recent inq, accounts etc.). With 600 eq do i have a chance? If so, which card?

thanks.

Re: NFCU

Anonymous — Mon, 02 Jun 2008 02:45:47 GMT

I think you have a good shot...NFCU has very liberal lending criteria... I just got 2 10k cards with a 660 FICO, BK from 04, over 20 accounts opened in the last year and 25% utilization...GOOD LUCK..

Re: NFCU

Anonymous — Mon, 02 Jun 2008 02:54:23 GMT

I applied for the nRewards Visa and got 24 hour message.. anyone have any luck when ya got the 24 hour review message? Patience isnt a virtue of mine...

Message Edited by fender on 06-01-2008 07:54 PM

Re: NFCU

Anonymous — Mon, 02 Jun 2008 02:58:28 GMT

Hi fender,

An EQ of 600 seems to be the magic number for Navy Federal.

Virtually everyone with that score or higher who has applied for

a cc has been approved.

I'm also currently in the pipeline for an nRewards MC. I called

to check on my app status this past Friday and the folks in

Credit Card Services are REALLY backed up right now with apps.

NFCU recently expanded their membership to include all DOD

military and civilian personnel, and they've been getting slammed

from the initial rush of new members wanting cards.

So if it takes longer than 24 hours for them to get back to you, please

be patient. They're working as fast as they can.

Good luck to you!

CanDo

"The right attitude is everything"

Re: NFCU

Anonymous — Mon, 02 Jun 2008 03:04:27 GMT

https://eics.navyfcu.org/secure/amc.nsf

go here to check your app status!! =D

Re: NFCU

Anonymous — Mon, 02 Jun 2008 03:07:31 GMT

I already have that link bookmarked. Thanks anyway.

The decisionmakers in NFCU credit card services only work Mon - Fri,

so I won't know anything until sometime tomorrow.

Thanks again!

CanDo

"The right attitude is everything"

Re: NFCU

Anonymous — Mon, 02 Jun 2008 03:16:33 GMT

I wish ya luck!! From looking at the credit pulls database, it looks like its almost guaranteed, oooo i cant wait

Re: NFCU

Anonymous — Mon, 02 Jun 2008 06:05:14 GMT

fender wrote:
Does anyone know specifically the things NFCU wont like to see (recent inq, accounts etc.). With 600 eq do i have a chance? If so, which card?

thanks.

DH applied for the nrewards visa and was approved instantly for 4k. EQ was 579 and needless to say his report is pretty awful. You should be fine!

I applied the same day he did and received the message. My EQ is 650 and clean. My income is very low so I won't get my hopes up. They did call on the 29th to request DL, current utility and proof of income. She said it would take a couple of days after they receive the requested documents before I would know.

Re: NFCU

Anonymous — Mon, 02 Jun 2008 20:19:07 GMT

got an email saying:

"You have a new message from the Navy Federal Credit Union Credit Card
Lending branch regarding your Credit Card Application"

I log in, and nothing has changed... what gives!!! I got all excited!! ><

Re: NFCU

Anonymous — Mon, 02 Jun 2008 20:33:12 GMT

It took over a week for our nrewards to be approved. My dh's scores were all over 715 and mine are below in my signature. They needed proof of income and once they had it we had our 25k credit line

Be patient, it takes them awhile.

Re: NFCU

Anonymous — Mon, 02 Jun 2008 20:34:51 GMT

Hey fender,

I've gotten that message before. It's to let you know that your

application is still pending. 24-48 hours after you get that msg

they make a decision. Of course, you can always call as well,

but like I told you yesterday, they are really swamped with apps

since they expanded the membership.

I know patience isn't a virtue of yours and this isn't exactly what

you wanna hear. But the folks who have the authority to make a

decision will get to you as quickly as they can.

Good luck to you!

CanDo

"The right attitude is everything"

Re: NFCU

Anonymous — Tue, 03 Jun 2008 23:18:27 GMT

CanDo, any luck with your app? another day and no answer for me! Its killing me!! At 2:50 i got another email saying my thing was updated, and guess what, it isnt updated!!! lol. That is twice I have been led on my NFCU

Message Edited by fender on 06-03-2008 04:18 PM

Re: NFCU

Anonymous — Tue, 03 Jun 2008 23:24:05 GMT

Hey fender,

Give them a call at 888 842 6328 .

Ask to speak with Credit Card Services.

Let them know that you got the same "update email"

2 days in a row with no change in your app status.

Whoever you talk to should be able to give you more

exact information. Also, ask them if they need additional

info (paystubs, etc) in order to expedite the decision process.

If so, they'll give you a fax number directly to their office.

Hope this helps you. Please keep us posted.

Edit to add: P.S. I got approved for an nRewards Visa and

Mastercard. Originally I was only going to app for 1 card for 4k

but decided to app for both cards at 2k each. Approved no problem.

CanDo

"The right attitude is everything"

Message Edited by CanDoAttitude on 06-03-2008 04:24 PM

Re: NFCU

Schoolbuskid — Tue, 03 Jun 2008 23:24:04 GMT

Do you have to be in the Navy? Or do they have an association like PenFed? Man im reading alot of good things about them throught this thread!

Re: NFCU

Anonymous — Tue, 03 Jun 2008 23:28:08 GMT

Hey Schoolbuskid,

NFCU just expanded their membership to include

all DOD military and civilian personnel & family members.

NFCU doesn't have affiliate organizations like PenFed does.

Check the website for more details:

http://www.navyfcu.org

Hope this helps.

CanDo

"The right attitude is everything"

Re: NFCU

Schoolbuskid — Tue, 03 Jun 2008 23:34:26 GMT

CanDoAttitude wrote:
Hey Schoolbuskid,

NFCU just expanded their membership to include
all DOD military and civilian personnel & family members.
NFCU doesn't have affiliate organizations like PenFed does.

Check the website for more details:

http://www.navyfcu.org

Hope this helps.

CanDo

"The right attitude is everything"

Thanks CanDo, but i have no family that serves in any governments duties!

Re: NFCU

Anonymous — Thu, 05 Jun 2008 22:15:55 GMT

I was declined.

Im kind of shocked, based on whogavemecredit.com and CBP database, I thought I was a shoe in.

There reason was:

Derogatory credit bureau references

This sucks *** I was really counting on this TL.

Re: NFCU

Anonymous — Thu, 05 Jun 2008 22:43:42 GMT

Hey fender,

I'm sorry to hear that you were turned down.

If your derogs are items that can be cleaned up

within the next 60-90 days, give NFCU another try

after everything is taken care of.

You could apply for a collateral loan ( like an auto

loan or secured loan ) in order to establish a track

record with them. Then try again after a few months

for an unsecured loan/cc and see what happens.

Once again, I'm sorry things didn't work out for you.

Keep your chin up.

CanDo

"The right attitude is everything"

Re: NFCU

Anonymous — Thu, 05 Jun 2008 22:45:40 GMT

Cap 1 will be payed this month, but of course they wont PFD

Amex is an OLD charge off ($3800) outside SOL, im not touchin that unless they agree to delete at a loooow %

Re: NFCU

smallfry — Thu, 05 Jun 2008 22:51:00 GMT

@Anonymous wrote:
Does anyone know specifically the things NFCU wont like to see (recent inq, accounts etc.). With 600 eq do i have a chance? If so, which card?
thanks.

With a 600 EQ the report needs to be nearly clean fender.