NFCU Approval Odds - Thoughts/Suggestions?

[Anonymous]

NFCU new member here.  I'm looking to apply for a NFCU goRewards card and maybe a small CLOC to get started.  I just pulled my scores and they are the following:

EQ 05 - 672 (35 inqs - hit hard from car shopping, won't fall off for a long time)

TU 04 - 721 (15 inqs)

AAoA - 2.5 years

Annual income - over $100k

Current - Utilization overall 26%, I have a card that will update tomorrow and bring it down to 23%.  I have two cards reporting high UTL because of a 0% BT offer (64% and 88%), the rest are either under 5% or not reporting at all.  My DTI is sitting at 38%, not including bonus income, 35% if I add bonus income.

If I wait until 6/23, I'll have overall utilization at 19%.  I will have paid down the two cards and UTL on the BT cards will be 59% and 69%.  I have no idea how that will impact my 05 scores.

Will I have a chance at a decent limit, something that will grow?  Is it worth it to wait another month or just jump in, try and get a card, wait for AR's to start happening and then try to grow it from there?  Thoughts?

Another question, is there any chance that NFCU will pull TU for a CC - according to the CC pulls database, it's a toss up on the credit products.  Do they ever pull TU if EQ is on ice - I was getting ready to freeze EQ anyway until those inquiries fall off (my state is a huge EQ puller) should I wait to do that?

Thank you everyone for any suggestions!

[Anonymous]

From everything I've read on here they pull Equifax exclusively for CC and same for CLOC. Also, creditaddict would tell you to apply for the full 15k on CLOC. (You most likely will get counter offer make sure you are willing and able to show bank statements and income) I had lower scores and approved for cashrewards I know you have a lot of inquiries I had ten but I've read they reallyare not sensitive about them. Let us know how it goes!

[Anonymous]

And when people ask "should I apply now or wait" the typical response is "what are you waiting for" so I'll go with that

[Rebuilding69]

I got 5k cashrewards with high 500s iirc. A year later its at 19k & my util was at 40% at the time. I got the 15k cloc 1 year after the cc. So yeah, what are you waiting for? 😃

[Anonymous]

I think I'm waiting for tomorrow, lol. I have one card reporting a zero balance, as soon as it updates Equifax I'll apply. That should boost my fico score a point or two.

[Anonymous]

They will pull EQ and wait till your utilization comes down.  Update the thread with results once you apply and will keep fingers crossed for you.

[Anonymous]

---

@Anonymous wrote:

They will pull EQ and wait till your utilization comes down.  Update the thread with results once you apply and will keep fingers crossed for you.

---

I'm going to try and hold off until the middle of June, but there are NO guarantees of that with this twitchy app finger, lol!  This is my VERY last card - I've wanted to find something that is at least 3% on dining out and the goRewards meets that.  If I can ever get this card, I'll be gardening for a long time - all my major spend catagories would covered across three cards.  The only thing I would consider is refinancing the car, it's currently at 4.10% so we shall see, not sure if it's worth it but if some awesome offer comes along I'll do it.

[mattmyFIC0]

I'm in CA and they pulled TU for membership and TU for credit card app.

[pizza1]

They are a 99.9% EQ puller, with the ocassional TU pull. They don't care about INQ, or new acts, to a degree, and youre far from that,  lol...but the love to HP, and they will for everything. Your utilization isnt terrible, and there are plenty of folks who have way higher and approved. I would say go for it...your scores are fine for them as well. And when you app for the PLOC, you have to ask for the full amount, it will be another HP, but ask for $15k, the max, they will either give it you, or counter offer you a different amount. Good luck

[Anonymous]

I applied last night, both went pending. Woke up this am to the sound of two texts at 5:50 am. One was for a TU inquiry and the next said I was approved for the cloc. Does that mean the full $15k since they didn't ask if I'll take less?

Still waiting to hear on the CC. I saw an alert this am that EQ was pulled, just haven't heard yet. I know it's really early but if those cloc underwriters are busy this early shouldn't the cc folks be too 😃