Should I be worried with NFCU?

kobe2012 · ‎07-18-2016

I recently opened an account with them and got approved for $500 cashrewards ... I did, however reconed the SL but denied.... I regret doing it .. Should I be worried about my account being frozen ... I've read horror stories these past weeks.. I also opened Penfed before NFCU .. I don't want it to be red flag... And also, my new card is still not on my list of accounts online ...

Starting Score: MYFICO 12/30/15 -TU: 481, EQ:561, EX:532 - BK7 DISCHARGED 12/2015 - Current: 09/01/2016 TU:642 EQ: 651 EX: 646
NFCU cashRewards:$6200 QS:$1500 Merrick:$1200 Cabelas:$1000 SonyVisa: $500 JCrew:$850 Overstock:$850 Express: $1050 PaypalCredit:$2150 NAVCHECK:$10K

Anonymous · ‎07-18-2016

When were you approved for the card? I recently opened the nRewards card and it didn't show on my list of accounts until the day that they mailed it. If it's not showing, and you believe it should be I would give them a call and ask about it.

kobe2012 · ‎07-18-2016

I was approved two days ago, last Saturday ...I heard that once u get approved, it should show right away? I might be wrong.. Maybe I'm just worrying too much

Starting Score: MYFICO 12/30/15 -TU: 481, EQ:561, EX:532 - BK7 DISCHARGED 12/2015 - Current: 09/01/2016 TU:642 EQ: 651 EX: 646
NFCU cashRewards:$6200 QS:$1500 Merrick:$1200 Cabelas:$1000 SonyVisa: $500 JCrew:$850 Overstock:$850 Express: $1050 PaypalCredit:$2150 NAVCHECK:$10K

TXinandout · ‎07-18-2016

Mine showed next day after approval.

BK Discharged 06/02/2016 SCORES AROUND 475

Current scores:
EXP-667
EQ-654
TU-653

Anonymous · ‎07-18-2016

I would not worry about this at all. There are tons of people opening accounts with NFCU and only a small fractional percentage of folks have a problem with frozen accounts. We seem to hear about it more on here because of the type of forum this is and the crazy behavior some of us have in regards to credit seeking (myself included). Good luck with your rebuilding and welcome to the NFCU family!

Anonymous · ‎07-18-2016

Don't worry, mine took a few days before it showed up. I was approved for two CCs. I was denied a credit line increase due to BK. I've had the cards for six months now.

Vegas4Play · ‎07-19-2016

Congrtas on the approval, I wouldnt worry about it.

Fico 8's TU 756/ EQ 754/ EX 743- 8/2020// AAoA 5.7 years // Lines August 2020 = 619k Personal - Business 61k // Inquiries 6 TU - 0 Exp - 0 Eq.

TXinandout · ‎07-19-2016

So Kobe... is it showing now?

BK Discharged 06/02/2016 SCORES AROUND 475

Current scores:
EXP-667
EQ-654
TU-653

kobe2012 · ‎07-19-2016

Yes it's showing up now...

Starting Score: MYFICO 12/30/15 -TU: 481, EQ:561, EX:532 - BK7 DISCHARGED 12/2015 - Current: 09/01/2016 TU:642 EQ: 651 EX: 646
NFCU cashRewards:$6200 QS:$1500 Merrick:$1200 Cabelas:$1000 SonyVisa: $500 JCrew:$850 Overstock:$850 Express: $1050 PaypalCredit:$2150 NAVCHECK:$10K

Guyatthebeach · ‎07-19-2016

@kobe2012 wrote:
I recently opened an account with them and got approved for $500 cashrewards ... I did, however reconed the SL but denied.... I regret doing it .. Should I be worried about my account being frozen ... I've read horror stories these past weeks.. I also opened Penfed before NFCU .. I don't want it to be red flag... And also, my new card is still not on my list of accounts online ...

Kobe2012,

I have read your posts. I don't think you have to worry. You got approved for $500 and I don't remember how much the other card was. You didn't do much to raise red flags.

I on the hand, am worried because I refaced my car with PNC a month before joining NFCU. I then joined PENFED and was approved 2 Visas. I really didn't need, but I thought I'd use it as a foot in the door. I'm planning on building a new house or doing a major remodel in 2018. I'm worried I have a acquired too much credit in a month. I will be in a world of hurt if Navy closes my account. I now have 150k in unsecured credit. I'm still now where what I had before the bankruptcy.

Im'm taking it easy with Navy Federal. I'm just working on building my savings with them know.

Guyatthebeach