topic Re: nfcu in Rebuilding Your Credit

nfcu

Anonymous — Sun, 06 Jan 2013 18:06:21 GMT

Fiancé finally decided to join nfcu, opened a checking account over the phone, kit should be arriving early next week. She has no baddies but too many inquiries and a years worth of positive credit history. High utli on some of her cards, my question is after we get married monday, ( legal marriage ) not ceremony that won't happen till the summer, anyway would it possible to join nfcu through her? And when should she apply for a cc with them? Her scores are 680 range due to high utli, pay them off first?

Re: nfcu

proudnavymom — Sun, 06 Jan 2013 18:55:21 GMT

I don't know anything about when you could join NFCU, but I opened an acct. at NFCU a few months ago. About a month later, I tried for a NFCU credit card. I do have several baddies on my CR with a credit score much lower than hers and they approved me for a CC with a $5000 limit. I think they are very generous in approving credit, so I bet she wouldn't have any problem in getting one.

Re: nfcu

bmblbg — Sun, 06 Jan 2013 18:58:56 GMT

You should be able to join NFCU through her. I was able to join through my husband, since they require an "immediate family" relationship to a member if you are not otherwise qualifying for membership on your own.

Re: nfcu

raisinitup — Sun, 06 Jan 2013 19:05:19 GMT

Proudnavymom, what were your scores when you applied for your cc ? I just joined about a few weeks ago and my scores (high 500's) are low as well. I was wondering if I should wait until my scores get to a certain # before I apply or just go for it.

Re: nfcu

Scupra — Sun, 06 Jan 2013 19:07:05 GMT

My fiance joined through me and I joined through my step dad. Should be good!

Re: nfcu

NewbieReed — Sun, 06 Jan 2013 19:07:42 GMT

You will definitely qualify on Monday.

And I agree with others on the thread-- NFCU is incredibly generous. I had several (like 10) baddies when I apped and was approved for a $6K CC in December 2011. I started rebuilding in Nov 2012 and hopefully, I will be able to refi my auto with them soon.

Congrats on ur marriage and joining NFCU in the future-- they are a great CU to have.

Re: nfcu

Shogun — Sun, 06 Jan 2013 19:11:59 GMT

Yes, you will qualify as a spouse through her. Congrats!

Re: nfcu

proudnavymom — Sun, 06 Jan 2013 19:13:54 GMT

kmathies--my scores now have just hit the low 600's. I think when I applied I was in the 580's or 590's.

Re: nfcu

Anonymous — Sun, 06 Jan 2013 19:37:31 GMT

Thanks guys, ill let you know how it goes!

Re: nfcu

Anonymous — Sun, 06 Jan 2013 21:16:49 GMT

One last question, should I wait before applying for their cc? I was looking to start a mortgage loan in may, also a small car loan. Would a cc with a somewhat high limit hurt my loan amounts?

Re: nfcu

Shogun — Sun, 06 Jan 2013 22:11:06 GMT

General rule of thumb is no new credit apps within 6 months of apping for a mortgage loan.

Re: nfcu

Anonymous — Sun, 06 Jan 2013 22:22:33 GMT

Okay, then I'm okay since my apps were in December? What happens if I were to apply in march?

Re: nfcu

Anonymous — Sun, 06 Jan 2013 23:59:01 GMT

I'm not buying the house or car for myself, I'm doing it for my disabled mother and intellectually disabled ( autism) brother, my father left them and got remarried so I've considered that I am their only life line, so to all those who continue to help me here and answer my questions I want to give you a heartfelt thanks from my family and I. My situation is taken care of but theirs isn't, not till I get them that house and a reliable car ( Hyundai genesis r-spec) . personal thank you to shogun especially. You've done wonders to my credit report and score since I joined this forum.

Re: nfcu

Shogun — Mon, 07 Jan 2013 00:31:23 GMT

You just made a man tear up. You are so welcome and I wish you and your family the best!