topic Re: NFCU in General Credit Topics

NFCU

Shawndoe79 — Wed, 10 Feb 2016 02:50:45 GMT

Navy Fed sent me an application in the mail to apply for CLOC. Does this have any merit to it, or is it just marketing? Didnt say anything about a pre approval or no invitation code or anything, just some brochures and application to apply. I did apply back in November after 2 statements and was denied, so just curious. any ideas would be appreciated.

Re: NFCU

Anonymous — Wed, 10 Feb 2016 03:01:32 GMT

Sounds like it's just marketing.

Re: NFCU

Shawndoe79 — Wed, 10 Feb 2016 03:56:15 GMT

my thoughts exactly, thanks

Re: NFCU

Creditaddict — Wed, 10 Feb 2016 17:07:42 GMT

now with bk over 1 year and your scores over 650 i think you are good to try again... but just apply online not with paper mail in app.

but maybe in this case I would apply for say $5k instead of the full $15k... if they do end up approving the full $5k once you get it activated online you can go in and request cli to $15k.

Re: NFCU

Shawndoe79 — Wed, 10 Feb 2016 20:24:02 GMT

CA now you are getting me trigger happy lol. Maybe I'll wait til after the AR at the end of the month

Re: NFCU

Creditaddict — Wed, 10 Feb 2016 20:25:16 GMT

@Shawndoe79 wrote:
CA now you are getting me trigger happy lol. Maybe I'll wait til after the AR at the end of the month

AR has no effect on CLOC since they always HP

Re: NFCU

Shawndoe79 — Wed, 10 Feb 2016 20:44:07 GMT

Oh ok what version do they pull for Transunion or is it Equifax?

Re: NFCU

Creditaddict — Wed, 10 Feb 2016 20:46:12 GMT

@Shawndoe79 wrote:
Oh ok what version do they pull for Transunion or is it Equifax?

it's a toss up.

I see more EQ here in CA

my friends app last week was EQ

Re: NFCU

Shawndoe79 — Wed, 10 Feb 2016 21:13:51 GMT

ok and do you know if its fico 08 or something else?

Re: NFCU

Creditaddict — Wed, 10 Feb 2016 21:17:07 GMT

@Shawndoe79 wrote:
ok and do you know if its fico 08 or something else?

i believe so.

Re: NFCU

Shawndoe79 — Wed, 10 Feb 2016 21:24:41 GMT

Ok thanks for the info, i need to find my denial letter and see what the reasons were first.

Re: NFCU

Shawndoe79 — Wed, 10 Feb 2016 21:47:08 GMT

@Creditaddict wrote:
@Shawndoe79 wrote:
ok and do you know if its fico 08 or something else?
i believe so.

ok according to my denial letters, it was for bankruptcy for the CLOC and CLI back in november. According to the scores they listed, for TU they pulled fico bankcard 04 which was 590 then, now its 616 and for the CLI they used EQ Bankcard 05 which was 613 then, now its 662 so I dont know if either of those qualify for anything. Unfortunately they are both much lower than fico 08

Re: NFCU

Creditaddict — Wed, 10 Feb 2016 21:50:38 GMT

662 for sure!

Re: NFCU

Shawndoe79 — Wed, 10 Feb 2016 22:06:25 GMT

@Creditaddict wrote:
662 for sure!

Wondering if I should wait til the next AR or do it now? If I do it now will it be the scores from the Dec AR?

Re: NFCU

Creditaddict — Wed, 10 Feb 2016 22:10:27 GMT

@Shawndoe79 wrote:
@Creditaddict wrote:
662 for sure!
Wondering if I should wait til the next AR or do it now? If I do it now will it be the scores from the Dec AR?

if it's a hp the ar won't matter.

Re: NFCU

Shawndoe79 — Wed, 10 Feb 2016 22:16:19 GMT

Im sure it will be a hp because when i tried in January, it went to review but I called and cancelled.

Re: NFCU

Creditaddict — Wed, 10 Feb 2016 22:24:33 GMT

@Shawndoe79 wrote:
Im sure it will be a hp because when i tried in January, it went to review but I called and cancelled.

for cli maybe worth waiting for next ar to try.

for loc, no point in waiting

Re: NFCU

Shawndoe79 — Wed, 10 Feb 2016 23:12:21 GMT

Ok I will wait for next AR, however I will til I get my first cli to ask for cloc

Re: NFCU

Shawndoe79 — Thu, 11 Feb 2016 20:27:35 GMT

@Creditaddict wrote:
@Shawndoe79 wrote:
Im sure it will be a hp because when i tried in January, it went to review but I called and cancelled.
for cli maybe worth waiting for next ar to try.
for loc, no point in waiting

my bankruptcy is over a year old, however, I only had cash rewards since 9/30. what do you suggest, taking a hp for a cli or another card? What seems to give me a better chance of approval?

Re: NFCU

Anonymous — Thu, 11 Feb 2016 22:03:14 GMT

My hubby and I are both members. I have the cloc $15k and he does not. He received the same marketing as you, I did not. I assume that they sent it to EVERY member that doesn't have overdraft protection. #Marketing