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Navy Federal GoBiz MC?

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CreditPoor
Frequent Contributor

Navy Federal GoBiz MC?

Applied about 3 days ago and application seems to be in limbo. Says it's in underwriting and assigned an interest percentage already, does it really take several days to decline? 

Message 1 of 10
9 REPLIES 9
GZG
Senior Contributor

Re: Navy Federal GoBiz MC?


@CreditPoor wrote:

Applied about 3 days ago and application seems to be in limbo. Says it's in underwriting and assigned an interest percentage already, does it really take several days to decline? 


seeing an interest rate is typically a good thing, at least it was for my application, you seeing 17.9 or 18.0? 

 

might just be backed up

Starting FICO 8:
Current FICO 8:



0/6, 2/12, 7/24
Message 2 of 10
RealEstateGuy89
Frequent Contributor

Re: Navy Federal GoBiz MC?


@CreditPoor wrote:

Applied about 3 days ago and application seems to be in limbo. Says it's in underwriting and assigned an interest percentage already, does it really take several days to decline? 


Most of the time, Navy Federal takes a good week or two before you hear anything back on their business credit card.  I would think it would be good luck if they assigned an interest rate though.

Message 3 of 10
pizzadude
Credit Mentor

Re: Navy Federal GoBiz MC?

Agree, NFCU's biz department can be very slow with CC processing, but did you ever hear back on an approval / CL ?

March2010 FICO® ~ 695 TU, 653 EQ, 697 EX
Message 4 of 10
Mojoro24
New Visitor

Re: Navy Federal GoBiz MC?

Does anybody know the requirements for this card?

Message 5 of 10
GZG
Senior Contributor

Re: Navy Federal GoBiz MC?


@Mojoro24 wrote:

Does anybody know the requirements for this card?


nfcu personal member for 1 year + or been in biz for 2 years +

 

must have a nfcu biz membership and they pull experian

Starting FICO 8:
Current FICO 8:



0/6, 2/12, 7/24
Message 6 of 10
CreditPoor
Frequent Contributor

Re: Navy Federal GoBiz MC? ***Update Approved****

Sorry for the delayed update. Finally got approved for 15K SL on the GoBiz Visa

 

DPs

Pulled Experian personal for PG/ Mine was 797 at the time

0 Hard Inquiries on Experian 

1/3 and 3/6 for new accounts

Average Age of credit 2.5 years with the oldest being 15 yrs old

 

 

 

 

Message 7 of 10
SouthJamaica
Mega Contributor

Re: Navy Federal GoBiz MC? ***Update Approved****


@CreditPoor wrote:

Sorry for the delayed update. Finally got approved for 15K SL on the GoBiz Visa

 

DPs

Pulled Experian personal for PG/ Mine was 797 at the time

0 Hard Inquiries on Experian 

1/3 and 3/6 for new accounts

Average Age of credit 2.5 years with the oldest being 15 yrs old

Congratulations on the approval. Thanks for the data.


Total revolving limits 569520 (505320 reporting) FICO 8: EQ 696 TU 684 EX 676




Message 8 of 10
cashorcharge
Community Leader
Super Contributor

Re: Navy Federal GoBiz MC? ***Update Approved****


@CreditPoor wrote:

Sorry for the delayed update. Finally got approved for 15K SL on the GoBiz Visa

 

DPs

Pulled Experian personal for PG/ Mine was 797 at the time

0 Hard Inquiries on Experian 

1/3 and 3/6 for new accounts

Average Age of credit 2.5 years with the oldest being 15 yrs old

 

 

 

 


Nicely done!! Congratulations on your Approval!!👏🏼🍾🥂

Message 9 of 10
URHomeInvestments
Regular Contributor

Re: Navy Federal GoBiz MC? ***Update Approved****

Great line!  I have had much worse, lol.  

Good to know that Navy was sloooow in getting back to you about your approval.  I bank with them on the personal side, and am not doing business interactions with them.  Thanks for posting your data points. 

Message 10 of 10
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