Is Navy Federal Credit Union Forgiving?

jamerican-girl · ‎10-17-2022

I see a lot of posts about Navy Federal Credit Union and would love to get back in. The back story is that I had a NFCU credit card and loan back in the 2006. I ended up filing for Chapter 13 and the loan and card were included. They got something from the trustee but not much. I think it was about $10,000. Does anyone know how forgiving they are? Or would I be blacklisted for life? Just curious.

Keepers:
Wells Fargo: Active Cash - SL: $10,000
Synchrony: PayPal MC Rewards - SL: $8,000; Venmo - SL: $4,300, CL: $6,500; Lowe's - SL: $2,000 CL: $5,000; Care Credit - SL: 500 CL: $1,500
Amex: Delta SkyMiles Platinum - SL: $1,000 CL: $2,000; Blue Cash Preferred - SL: $2,000 CL: $4,000; Marriott Bonvoy Bevy - SL $1,700;
Citi: Costco Anywhere Visa - SL: $8,800; CL: $10,000; Custom Cash Card - SL: $3,500; Wayfair Card - SL: $5,000 CL: $7,000;
PenFed: Gold Card - SL: $3,500; Power Cash Rewards - SL: $2,500 CL: $7,500
Bread American Express Cashback - SL: $5,000 CL: $6,500
Mercury Finance - SL: $3,500 CL: $4,250;
Goldman Sachs: Apple Card - SL: $6,000 CL: $6,500; Marcus: GM Card - SL: $3,000;
Kohl's - CL: $1,500; CFNA Firestone - SL: $800, CL: $3,200

Sock Drawer:
Capital One: QuickSilver - CL: $1,250 (finally got CLI)
Sofi: SL: $2,500;
Merrick Bank: CL: $1,300 (can't close, one of my oldest tradelines);
BOA: Customized Cash Rewards - SL $500, CL: $1,500;

Chopping Block:
Capital One: Platinum MC - CL: $600 (they won't give me a CLI);
Credit One: 2 cards with $1,500 & $2,200 CL
Prosper: $1,400

Goal Cards:
Chase Sapphire, WF Autograph and PenFed Platinum Rewards

Car Loans: 0 loans. Paid off:
VW Financial Services: 2020 Jetta
Exeter Finance: 2015 Jetta
Car Goal: A nice car in a few months.

Vuby22 · ‎10-17-2022

Life until PIF.

cashorcharge · ‎10-17-2022

NFCU will not extend any credit products to you untill you make them 100% whole again.

sznthescore · ‎10-17-2022

^^^^^ What they said 👆🏽. I was once kicked out the club, but they let me back in after I paid every red cent owed.

(Hoover over card images for Open Date & Limit)

*Officially in the garden 3/2023. Last scores reported UTL 8%

OmarGB9 · ‎10-17-2022

@cashorcharge wrote:
NFCU will not extend any credit products to you untill you make them 100% whole again.

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

Currently rebuilding as of 04/11/2019.

Starting FICO 8 Scores:

Current FICO 8 scores:

jamerican-girl · ‎10-18-2022

Thank you all for the feedback. I will just leave it alone!

Keepers:
Wells Fargo: Active Cash - SL: $10,000
Synchrony: PayPal MC Rewards - SL: $8,000; Venmo - SL: $4,300, CL: $6,500; Lowe's - SL: $2,000 CL: $5,000; Care Credit - SL: 500 CL: $1,500
Amex: Delta SkyMiles Platinum - SL: $1,000 CL: $2,000; Blue Cash Preferred - SL: $2,000 CL: $4,000; Marriott Bonvoy Bevy - SL $1,700;
Citi: Costco Anywhere Visa - SL: $8,800; CL: $10,000; Custom Cash Card - SL: $3,500; Wayfair Card - SL: $5,000 CL: $7,000;
PenFed: Gold Card - SL: $3,500; Power Cash Rewards - SL: $2,500 CL: $7,500
Bread American Express Cashback - SL: $5,000 CL: $6,500
Mercury Finance - SL: $3,500 CL: $4,250;
Goldman Sachs: Apple Card - SL: $6,000 CL: $6,500; Marcus: GM Card - SL: $3,000;
Kohl's - CL: $1,500; CFNA Firestone - SL: $800, CL: $3,200

Sock Drawer:
Capital One: QuickSilver - CL: $1,250 (finally got CLI)
Sofi: SL: $2,500;
Merrick Bank: CL: $1,300 (can't close, one of my oldest tradelines);
BOA: Customized Cash Rewards - SL $500, CL: $1,500;

Chopping Block:
Capital One: Platinum MC - CL: $600 (they won't give me a CLI);
Credit One: 2 cards with $1,500 & $2,200 CL
Prosper: $1,400

Goal Cards:
Chase Sapphire, WF Autograph and PenFed Platinum Rewards

Car Loans: 0 loans. Paid off:
VW Financial Services: 2020 Jetta
Exeter Finance: 2015 Jetta
Car Goal: A nice car in a few months.

SUPERSQUID · ‎10-18-2022

@jamerican-girl wrote:
Thank you all for the feedback. I will just leave it alone!

Penfed is a good credit union. I see you have 2 of their cards, just stick with them.

{ BK7 DC 12/2019 } target 1300/ kohls 3000/ discover IT cb 6500 / 2nd discover IT cb 6000/mercury 4100 / firestone 2800 /legacy 2500 /first savings bank cc 2500/ cap1 QS 5000/ cap 1 savor one 3100 /comenity rewards mc 3k, Penfed PCR signature visa 10k/ penfed gold 7.5k NFCU >signature visa cash rewards 15700/bread cashback amex 8000

>/ nfcu platinum 9k, BABY NEEDS NEW SHOES !!!!!
closed-- reflex, applied bank, first digital, mission lane, ikea, fingerhut, big lots, valero gasoline, ollo, more to come
Rebuilding since September 2020
who i burned - chase, cap 1, TD bank, Sync, were the biggies
Income 39k
Total utilization 11 - 14 pct depending on my current usage/needs
Ficos in the 680 - 690 range, the 9's slightly higher than the 8's
My vantage scores 708 - 711
TCL - about 87k
Retired since 2017

FireMedic1 · ‎10-18-2022

@OmarGB9 wrote:
@cashorcharge wrote:
NFCU will not extend any credit products to you untill you make them 100% whole again.

@OmarGB9Keyboard break? or silence is gloden......

Homeowner since Sept 2020. 2021 Explorer ST Chase 3.1%. Sharing my experiences after BK from learning here. Started 540's.

jamerican-girl · ‎10-18-2022

@SUPERSQUID, yes, I am very happy with PenFed so I'll leave NFCU alone. No use poking that bear.

Keepers:
Wells Fargo: Active Cash - SL: $10,000
Synchrony: PayPal MC Rewards - SL: $8,000; Venmo - SL: $4,300, CL: $6,500; Lowe's - SL: $2,000 CL: $5,000; Care Credit - SL: 500 CL: $1,500
Amex: Delta SkyMiles Platinum - SL: $1,000 CL: $2,000; Blue Cash Preferred - SL: $2,000 CL: $4,000; Marriott Bonvoy Bevy - SL $1,700;
Citi: Costco Anywhere Visa - SL: $8,800; CL: $10,000; Custom Cash Card - SL: $3,500; Wayfair Card - SL: $5,000 CL: $7,000;
PenFed: Gold Card - SL: $3,500; Power Cash Rewards - SL: $2,500 CL: $7,500
Bread American Express Cashback - SL: $5,000 CL: $6,500
Mercury Finance - SL: $3,500 CL: $4,250;
Goldman Sachs: Apple Card - SL: $6,000 CL: $6,500; Marcus: GM Card - SL: $3,000;
Kohl's - CL: $1,500; CFNA Firestone - SL: $800, CL: $3,200

Sock Drawer:
Capital One: QuickSilver - CL: $1,250 (finally got CLI)
Sofi: SL: $2,500;
Merrick Bank: CL: $1,300 (can't close, one of my oldest tradelines);
BOA: Customized Cash Rewards - SL $500, CL: $1,500;

Chopping Block:
Capital One: Platinum MC - CL: $600 (they won't give me a CLI);
Credit One: 2 cards with $1,500 & $2,200 CL
Prosper: $1,400

Goal Cards:
Chase Sapphire, WF Autograph and PenFed Platinum Rewards

Car Loans: 0 loans. Paid off:
VW Financial Services: 2020 Jetta
Exeter Finance: 2015 Jetta
Car Goal: A nice car in a few months.

OmarGB9 · ‎10-18-2022

@FireMedic1 wrote:
@OmarGB9 wrote:
@cashorcharge wrote:
NFCU will not extend any credit products to you untill you make them 100% whole again.

@OmarGB9Keyboard break? or silence is gloden......

It was beautifully explained. Really nothing more to add.

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

Currently rebuilding as of 04/11/2019.

Starting FICO 8 Scores:

Current FICO 8 scores:

Is Navy Federal Credit Union Forgiving?

Re: Is Navy Federal Credit Union Forgiving?

Re: Is Navy Federal Credit Union Forgiving?

Re: Is Navy Federal Credit Union Forgiving?

Re: Is Navy Federal Credit Union Forgiving?

Re: Is Navy Federal Credit Union Forgiving?

Re: Is Navy Federal Credit Union Forgiving?

Re: Is Navy Federal Credit Union Forgiving?

Re: Is Navy Federal Credit Union Forgiving?

Re: Is Navy Federal Credit Union Forgiving?