topic Re: Am I dead to NFCU? in Rebuilding Your Credit

Am I dead to NFCU?

Aspireto850 — Thu, 01 Mar 2018 12:03:51 GMT

Hi All,

Got NFCU back in 2012 thanks to this group. Started at $5k then $20k within a year. Paid on time but in late 2016 they closed my Line of credit and CC due to recent late on 2 other non-NFCU accts. I’ve been paying until recently when I lost job. They allowed me to convert my Line of credit to a loan to ‘protect’ it from going into further delinquency. Once I get back to consistent on time pmts, will they ever love me again. What’s the chance I’ll be able to open a new CC with them? Thoughts?

Thanks

Re: Am I dead to NFCU?

Anonymous — Thu, 01 Mar 2018 16:39:32 GMT

The only instances I’ve heard of NFCU permanently blacklisting is if you have a balance and never repay them. I can’t speak specifically to your situation, but if your paying them, there is some hope.

Re: Am I dead to NFCU?

Aspireto850 — Sat, 03 Mar 2018 20:37:51 GMT

Thank You. Fingers crossed!

Re: Am I dead to NFCU?

Anonymous — Sun, 04 Mar 2018 15:33:31 GMT

Agree with JAG73. If you've paid and don't have anything unpaid open still, you shouldn't have a problem. But as stated above, each case is different.

Re: Am I dead to NFCU?

Anonymous — Sun, 04 Mar 2018 17:40:22 GMT

I had defaulted on a $3000 personal loan and a $2000 credit card with them back in 2013. I paid them in full and by 2015 I had 2 credit cards and a line of credit with them totaling 22000. Totally possible.

Re: Am I dead to NFCU?

fishbjc — Mon, 05 Mar 2018 15:57:01 GMT

Similar thing happened to me. Got backon the old feet, paid on time, extra payments and approved for more credit. Just give yourself about one year and I think you'll be just fine. whatever you do, just communicate and pay them.

Re: Am I dead to NFCU?

Aspireto850 — Mon, 05 Mar 2018 18:58:04 GMT

OMG, thanks. I know every situation is different but this gives me some hope.

Re: Am I dead to NFCU?

Aspireto850 — Mon, 05 Mar 2018 19:12:59 GMT

Thanks for the info. If I may ask, were your accounts closed and once you got back on your feet you applied for NEW accounts?

Re: Am I dead to NFCU?

fishbjc — Thu, 08 Mar 2018 03:02:42 GMT

The CC was transferred to a 'loan'. The 'loan' is still being paid and they granted a bunch of new credit.

Re: Am I dead to NFCU?

Aspireto850 — Thu, 08 Mar 2018 18:16:18 GMT

Awesome, thanks. They transferred my line of credit to a loan so hoping they show me love in 9-12 months!

Re: Am I dead to NFCU?

Anonymous — Fri, 09 Mar 2018 03:23:40 GMT

Mine were closed and then I applied for new accounts a few years after they were PIF.