cancel
Showing results for 
Search instead for 
Did you mean: 

****NAVY FEDERAL CREDIT UNION CREDIT CARD AFTER BEING APPROVED FOR AUTO LOAN****

Your FICO® Scores can impact your loan interest rates, terms, approvals and more.
New Member

****NAVY FEDERAL CREDIT UNION CREDIT CARD AFTER BEING APPROVED FOR AUTO LOAN****

I was just approved for a 40k auto loan yesterday. Since it was a hard pull to do so...if i want to go ahead and apply for a credit card as well, can Navy use the info from the hard pull that was done for the auto loan?

Or is it another hard pull to do so?
March 2019 Fico 8 Scores:
Equifax(646) Transunion(628) Experian(660)

Goal: December 2019
Equifax(720) Transunion(720) Experian(750)
Message 1 of 7
6 REPLIES 6
Senior Contributor

Re: ****NAVY FEDERAL CREDIT UNION CREDIT CARD AFTER BEING APPROVED FOR AUTO LOAN****

Auto loans are a different department. You will have to take another HP. 


Scores 1/2019:
Scores 7/2019:

Hover over my cards to see my limits!
Goal cards:
Message 2 of 7
Community Leader
Super Contributor

Re: ****NAVY FEDERAL CREDIT UNION CREDIT CARD AFTER BEING APPROVED FOR AUTO LOAN****

Different pull. Navy stands for HARD PULLSmiley Wink
Charter Member of the Discover " No Cli For You " Club !

Chase Never/24 Squad Leader
Team Pendread Anonymous
#JustSayNo2Comenity
Officially S.O.G.O.T.P
Message 3 of 7
Regular Contributor

Re: ****NAVY FEDERAL CREDIT UNION CREDIT CARD AFTER BEING APPROVED FOR AUTO LOAN****

Congrats on your auto loan approval!  For some reason NFCU won't give me the time of day on any of their credit products.  I was told before that I had to wait 1 year post our BK7 discharge which we are now 1 year past so I applied for an auto refi with my wife as a cosigner and it was turned down due to the cosigner so I tried by myself, went under review, and it was turned down due to past credit obligations (the BK).  That's all they would tell me over the phone.  They also turned me down for a credit card too.

 

We've re-established our credit nicely since the discharge with Discover secured and even an NFCU secured for my wife which graduated a few months ago.  We always pay in full and have been excellent with our other credit.  I guess NFCU is not happy that we haven't paid one cent of interest with them or something.... 

 

I'm giving up on NFCU at this point.  We moved our banking there back in October in hopes to establish a long relationship but apparently they don't want us.

Message 4 of 7
Community Leader
Super Contributor

Re: ****NAVY FEDERAL CREDIT UNION CREDIT CARD AFTER BEING APPROVED FOR AUTO LOAN****

Navy doesnt care you havent paid one cent of interest. The bk has more to do with their decision.
Charter Member of the Discover " No Cli For You " Club !

Chase Never/24 Squad Leader
Team Pendread Anonymous
#JustSayNo2Comenity
Officially S.O.G.O.T.P
Message 5 of 7
Frequent Contributor

Re: ****NAVY FEDERAL CREDIT UNION CREDIT CARD AFTER BEING APPROVED FOR AUTO LOAN****

@TexasFamMan did you burn Navy in your BK? “Past Credit Obligations” sounds like it. My understanding is there is no chance of getting a credit product from them if you did. Also, check your credit report. If your BK is only a year past discharge your report may still need some cleaning up. Unfortunately every creditor and the CRA do not always properly clean up accounts to IIB $0 balance.

I just returned from financial hell. Don't go, the brochure is a lie.
Message 6 of 7
Community Leader
Senior Contributor

Re: ****NAVY FEDERAL CREDIT UNION CREDIT CARD AFTER BEING APPROVED FOR AUTO LOAN****


@TexasFamMan wrote:

Congrats on your auto loan approval!  For some reason NFCU won't give me the time of day on any of their credit products.  I was told before that I had to wait 1 year post our BK7 discharge which we are now 1 year past so I applied for an auto refi with my wife as a cosigner and it was turned down due to the cosigner so I tried by myself, went under review, and it was turned down due to past credit obligations (the BK).  That's all they would tell me over the phone.  They also turned me down for a credit card too.

 

We've re-established our credit nicely since the discharge with Discover secured and even an NFCU secured for my wife which graduated a few months ago.  We always pay in full and have been excellent with our other credit.  I guess NFCU is not happy that we haven't paid one cent of interest with them or something.... 

 

I'm giving up on NFCU at this point.  We moved our banking there back in October in hopes to establish a long relationship but apparently they don't want us.


I’m thinking of Julia Roberts in “Pretty Woman” when she returns to the Beverly Hills boutique carrying several bags of clothes she just purchased from other stores because this boutique ostracized her and wouldn’t sell her anything because she was a prostitute. 

 

BIG MISTAKE!  BIG!  HUGE!

https://m.youtube.com/watch?v=-nPl-qAkUO0

 

That’s what I’m telling you about your remark about giving up on NFCU.

 

A 5-month relationship is a not enough history for NFCU to get to know you or your credit behaviors. IMHO, if NFCU turns you down, I’m willing to bet other lenders will definitely do the same. If you don’t want to give NFCU an opportunity to know you, then the loss is yours, not theirs. 

 

So my suggestion to you is to re-read all the forum members posts here who believes NFCU rocks—because indeed it does—and in the meantime, continue to work on the things that need working on so you can get the approvals you want. It will happen, but not over night.

 

And we can help you get there if you want to provide us with some DPs. 

GOALS: Garden til DEC 2020 and 800 Club



Scores
JUN 2019: EX 788, TU 794, EQ 779
APR 2019: EX 787, TU 789, EQ 781
JAN 2019: EX 794, TU 783, EQ 801
DEC 2018: EX 777, TU 783, EQ 799

|| AmX Cash Magnate $25K || NFCU CashRewards $20K || Macy's $20K || Discover IT $15.7K || NFCU CLOC $15K || NFCU Platinum $12.5K || AmX ED $11.5K || CitiCostco $7K || CitiDC $6.3K ||
Message 7 of 7