cancel
Showing results for 
Search instead for 
Did you mean: 

Aod fcu allot of Documents

Jccflat
Established Contributor

Aod fcu allot of Documents

So my friend applied for the aod fcu He has good credit and they sent them an email with doc sign to send all these documents is it worth it to send all this personal documents does it mean he has a  approval for the card card ?

 

Message 1 of 10
9 REPLIES 9
TheRedHat
New Contributor

Re: Aod fcu allot of Documents

I just received that email from AOD today, as well. If it's like most credit unions, it is simply a part of the application process and not an approval. I had to do this for Affinity and a local credit union, as well.

Last updated: 1/27/2022

FICO 8 Scores:

Inquiries over past 12 months (Last inquiry 1/27/2022):

New Accounts:
Message 2 of 10
Jccflat
Established Contributor

Re: Aod fcu allot of Documents

Is it safe to give them all this docs ? 
hes asking are they Generous with the credit lines ? 
is DTI is 4%

Message 3 of 10
DJRobbieD
Contributor

Re: Aod fcu allot of Documents

Yes, it's safe.  Everything is processed through DocuSign.  This is standard for AOD and other credit unions.

 

With sufficient income and low DTI, he may get a generous SL.



***DPs as of 1/11/2022***
FICO 8: 810 (EX)
AoOA: 18.4 yrs, AAoA: 3.2 yrs
INQ (last 12m): EX 4 / EQ 1 / TU 0
New Accts: 3/30, 5/6, 7/12, 7/24
TCL: $284.4k, UTIL: 4-5%

In the garden until Feb 2024
Message 4 of 10
pauldc73
New Member

Re: Aod fcu allot of Documents

Don't forget to update us with what SL was received as soon as you know!

Message 5 of 10
coldfusion
Community Leader
Super Contributor

Re: Aod fcu allot of Documents


@Jccflat wrote:

Is it safe to give them all this docs ? 
hes asking are they Generous with the credit lines ? 
is DTI is 4%


That would depend on what one means by "Generous".   They will not extend more than $25K total in unsecured credit across all products.

Whereas 20 months ago $20-$25K Visa Signature SLs were pretty common around here that ship appears to have sailed and now $5-10K is more common.  They also like low DTI but I remember gripes here about having to go through hoops if you are self employed or have student loans.

 

 



(1/2022)
FICO 8 (EX) 807 (TU) 834 (EQ) 830
FICO 9 (EX) 834 (TU) 845 (EQ) 846

$1M+ club

Artist formerly known as the_old_curmudgeon who was formerly known as coldfusion
Message 6 of 10
sugarcreek67
Frequent Contributor

Re: Aod fcu allot of Documents


@coldfusion wrote:

@Jccflat wrote:

Is it safe to give them all this docs ? 
hes asking are they Generous with the credit lines ? 
is DTI is 4%


That would depend on what one means by "Generous".   They will not extend more than $25K total in unsecured credit across all products.

Whereas 20 months ago $20-$25K Visa Signature SLs were pretty common around here that ship appears to have sailed and now $5-10K is more common.  They also like low DTI but I remember gripes here about having to go through hoops if you are self employed or have student 

 

 

They asked for POI from me due to self employment.  DTI i think was under 9% when I applied approved for 15k


 



>>current scores 12/11/21

EQ Fico9 759
TU Fico9 763
EX Fico9 768
EX fico 8 753
EQ Fico8 745
TU Fico 8 760
Navy score 294
Message 7 of 10
PullingMeSoftly
Established Contributor

Re: Aod fcu allot of Documents

@Jccflat Let your friend know that when they ask for a selfie holding up a sign with "AOD" written on it, it's legit along with the document requests.










Message 8 of 10
Jccflat
Established Contributor

Re: Aod fcu allot of Documents

Yea what is the reason they need the selfie ? Is to make sure it's matching the DL ?

also they asked for 2 years tax returns is this  the first page of the tax return ?

Message 9 of 10
_ptatohed
Regular Contributor

Re: Aod fcu allot of Documents

You have to jump through "allot" (a lot) of hoops for sure.  But it is legit and it is worth it (if you want the card).  They ask you what you want the credit limit to be in the application.  I wanted to 'rock the boat' as little as possible so I chose the lowest at $5,000.  I regret that.  I wish I had asked for at least $10,000.  Oh well.  

5% CB rotating: ; Everyday 3% CB: ; Everyday 5%: ; Retired to sock drawer after AOD: ;
In my sights / On my radar:
Message 10 of 10
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.