NFCU LOC consistent with CC apps?

noobafterbk · ‎10-07-2015

i have been with NFCU for nearly 18 months , have the nRewards which just SP cli to 20k today. I have checking and savings account. I'm post BK7 18 months so I'm wondering if I would qualify for their LOC? I have maintained good payment history and equifax is currently 670. I have equifax frozen so I would guarantee that I wouldnt get hard pulled when requesting cli but would unfreeze if i applied for LOC or would it be better to apply for second card? I'm using this as a overall credit util reducer.

Scupra · ‎10-07-2015

@noobafterbk wrote:
i have been with NFCU for nearly 18 months , have the nRewards which just SP cli to 20k today. I have checking and savings account. I'm post BK7 18 months so I'm wondering if I would qualify for their LOC? I have maintained good payment history and equifax is currently 670. I have equifax frozen so I would guarantee that I wouldnt get hard pulled when requesting cli but would unfreeze if i applied for LOC or would it be better to apply for second card? I'm using this as a overall credit util reducer.

Just fyi when you freeze EQ and request a CLI they will pull whatever report is available to them. I would say to go ahead and apply for the $15k LOC now and then a 2nd card after. The 2nd card is known to be harder to get, especially since they changed the rule on moving limits around. Good luck and let us know how it plays out!

noobafterbk · ‎10-07-2015

Ty for the response. The only reason I froze equifax is that I can be guaranteed that I dont have another HP on it, as its my most frequently used INQ and the CLI was all by SP's so Im very lucky. I'll apply for the LOC tomorrow once I unfreeze my equifax account.