topic Re: NFCU status.....Next steps? in General Credit Topics

NFCU status.....Next steps?

Marqedsade — Tue, 26 Dec 2023 16:51:46 GMT

3/27/23- Joined with a checking account (minimal direct deposit weekly-$20.00)

4/8/23- Approved for CashRewards $500.00 CL 18%. Scores in 650-670 range

7/15/23- CashRewards CLI to $1500.00 approved

12/13/23- GoRewards approved, $9,500 CL 18%

12/17/23- $5,000 Unsecured debt consolidation loan approved at 18%. All balances paid to zero (including Cash Rewards).

12/22/23- SaveFirst CD opened with minimal deposit

Income of 120,000

23 open accounts, all at zero (only 3 reported as zero, waiting on more reporting). $55,000 available credit, scores between 650-725.

So, Im going to garden for a little while. I should be at 91/3 for the Cash Rewards in mid-Jan. What $$$ CLI should I try for then?

Thoughts? Anything else I could be doing to boost and better my relationship?

Thanks!

Re: NFCU status.....Next steps?

SouthJamaica — Tue, 26 Dec 2023 17:05:21 GMT

@Marqedsade wrote:
3/27/23- Joined with a checking account (minimal direct deposit weekly-$20.00)
4/8/23- Approved for CashRewards $500.00 CL 18%. Scores in 650-670 range
7/15/23- CashRewards CLI to $1500.00 approved
12/13/23- GoRewards approved, $9,500 CL 18%
12/17/23- $5,000 Unsecured debt consolidation loan approved at 18%. All balances paid to zero (including Cash Rewards).
12/22/23- SaveFirst CD opened with minimal deposit

Income of 120,000

23 open accounts, all at zero (only 3 reported as zero, waiting on more reporting). $55,000 available credit, scores between 650-725.

So, Im going to garden for a little while. I should be at 91/3 for the Cash Rewards in mid-Jan. What $$$ CLI should I try for then?

Thoughts? Anything else I could be doing to boost and better my relationship?

Thanks!

No, you're doing just fine. Just make sure you let at least one account report a balance before you pay it off.

As to a CLI request, you might as well go for NFCU's standard maximum these days -- $8k.

Re: NFCU status.....Next steps?

Shooting-For-800 — Tue, 26 Dec 2023 18:30:03 GMT

NCFU needs time more than anything. I have no checking account with them and $5 in my savings account. Get a card, use the card, pay the card, and wait.

GL!

Re: NFCU status.....Next steps?

Marqedsade — Tue, 26 Dec 2023 18:41:34 GMT

@SouthJamaica , I have seen here where people have recommended doing 3x the current limit, which would only bring me to $6,000.

Will they counter?

Re: NFCU status.....Next steps?

SouthJamaica — Tue, 26 Dec 2023 18:56:39 GMT

@Marqedsade wrote:
@SouthJamaica , I have seen here where people have recommended doing 3x the current limit, which would only bring me to $6,000.

Will they counter?

Yes they will.