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NFCU Approval

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Anonymous
Not applicable

NFCU Approval

I just got approvaled for a car loan through Navy Federal.

(This is my first post so forgive me if I leave off some of the important data points. )
I requested $28k and was approved for $28k with a 3.99% APR for a 72 month loan. I've had a bank account with them for a little over a year and I've had a credit card with them for a year. I did find it odd that they pulled my Transunion score since I've read that most people say NFCU pulls equifax. I was super nervous that they weren't going to approve me since I mostly do my banking with Chase so I put $500 in my Navy checking account and $800 in my Navy savings account in an attempt to show them that I do have money. I don't know if it helped any.
Thank you to everyone that has ever created a post on the forums. I've taken lots advice from you guys for the past year to rebuild my credit. My next goal is getting a mortgage approval in 3 years. I'm off to buy my first car. 😁

 

Fico scores: experian: 691 transunion: 695

AAoA: 4 years, 3 months

old account: 10 years

number of accounts: 11 (9 credit cards, 2 student loans)

utilization: 61%

inquiries: experian: 0/ transunion: 3

 

Message 1 of 15
14 REPLIES 14
AllZero
Mega Contributor

Re: NFCU Approval

Congratulations on your approval!
Message 2 of 15
rostrow416
Established Contributor

Re: NFCU Approval

Congrats on the approval!  I think they switched over to TransUnion for all credit.

AMEX Gold | Purdue FCU $20,000 | FNBO Evergreen $15,000 | TFCU Plat Visa $15,000 | PenFed Platinum Rewards $15,000 | PenFed Pathfinder $15,000 | Citizen's Bank Cash Back+ $15,000 | Synchrony Premier MC $10,000 | SG Visa $10,000 | NFCU MoreRewards $7,000 | NFCU cashRewards $17,000 | Discover IT $6,000 | Capital One BuyPower $950 | AMEX BCP $5,000 | AMEX Amazon Prime Business $3,000

B&H Payboo Card $15,000 | Amazon Prime Card $10,000 | PC Richard Card $15,000 | Target RedCard $2,000 | Walmart Store Card $1,400 | Shell Gas Card $1,200 | Overstock Store Card $7,000 | Kohl's Store Card $3,000


Spring Cleaning:
C̶a̶p̶i̶t̶a̶l̶ ̶O̶n̶e̶ ̶Q̶u̶i̶c̶k̶S̶i̶l̶v̶e̶r̶ ̶$̶1̶,̶0̶0̶0̶ | C̶r̶e̶d̶i̶t̶ ̶O̶n̶e̶ ̶V̶i̶s̶a̶ ̶$̶1̶,̶2̶0̶0̶ | M̶e̶r̶r̶i̶c̶k̶ ̶B̶a̶n̶k̶ ̶$̶2̶,̶7̶0̶0̶ | M̶a̶r̶v̶e̶l̶ ̶M̶a̶s̶t̶e̶r̶c̶a̶r̶d̶ ̶$̶1̶,̶̶2̶0̶0̶ | C̶o̶m̶e̶n̶i̶t̶y̶ ̶M̶a̶s̶t̶e̶r̶C̶a̶r̶d̶ ̶$̶1̶,̶1̶8̶0̶
Message 3 of 15
M_Smart007
Legendary Contributor

Re: NFCU Approval

Congratulations on your NFCU car loan Approval..!!!

Message 4 of 15
M_Smart007
Legendary Contributor

Re: NFCU Approval


@rostrow416 wrote:

Congrats on the approval!  I think they switched over to TransUnion for all credit.


Yes, someone mentioned that a Navy Rep. alluded to this a few weeks ago. (About switching to TU exclusively)

 

Message 5 of 15
Loquat
Moderator Emeritus

Re: NFCU Approval

Congrats in the approval. If you don’t mind me asking, what vehicle do you have in mind?
Message 6 of 15
Anonymous
Not applicable

Re: NFCU Approval

Thanks! I was torn between the 2021 Kia K5 and the 2020 Honda Insight. I went with the K5. 😍

Message 7 of 15
Loquat
Moderator Emeritus

Re: NFCU Approval

Very nice. The K5 kind of puts me in the mind of the new Honda Accord by way of initial look. Enjoy your new ride.

Congrats again and enjoy that wonderful new car smell.
Message 8 of 15
Credit4Growth
Senior Contributor

Re: NFCU Approval

Thanks for mentioning the Transunion credit pull and congratulations on the loan apprve! 👍

 

20200916_074938.gif 

 

Welcome to the forums!

Message 9 of 15
OmarGB9
Community Leader
Super Contributor

Re: NFCU Approval

Grats!


Last App: 1/10/2023
Penfed Gold Visa Card

Currently rebuilding as of 04/11/2019.

Starting FICO 8 Scores:




Current FICO 8 scores:


Message 10 of 15
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