Navy Federal Thread for CLI and Additional Cards

[Anonymous]

Personal invitations are not a marketing deal and I think you'd certainly get another card- if you wanted one.  You can always call and ask someone on the phone.  I called them 3 times with questions before I decided to apply.

[FicoGuy2019]

---

@Anonymous wrote:

---

@FicoGuy2019 wrote:

I was approved for CR Visa $10k at 11.9% on 4/4 and have put $2500 on it since then which I needed for the SUB anyway.  My first due date is 5/23 and I will PIF. 

Can I app for the 2nd card 91 days from April 4th approval date which puts me at July 5th or do I need to wait until 3rd statement cuts at the end of July?  I will likely go for the Flagship but debating on it vs. Platinum.  

---

You need to wait until the third statement is generated even though it will be significantly after 91 days.

---

Actually, I was incorrect.  My first statement cut on 4/26.  I confused myself by typing the 1st due date.  So I will be at 91 days on July 5th and my 3rd statement will have cut on June 26th.  I also just noticed my FICO9 is now showing as of yesterday which is exactly 1 month from the day I was approved on April 4th.

I assume it will start reporting on my credit reports once the 2nd statement cuts this month.

[Anonymous]

---

@Anonymous wrote:

Another question... I plan on applying for a car loan the middle of June. Should I wait until then before requesting the NFCU stuff since it will generate a hard pull?

Currently my INQs are: EX 14, EQ 2, TU 5.

By the time I apply for the car loan, it will be EX 12, EQ 1, TU 5.

---

@Anonymous   So Navy IME and lots of DP's on here, show that Navy isn't INQ sensative, they are however very much about low DTI and history with them.  As long as those two things are in check, the sky is the limit. 

I know it confuses alot of people, but that is honestly how people with 550 scores, and maybe even no credit previously, are getting monster approvals from Navy.  The lower your DTI, the more you have to pay back what you borrow from them.

[Anonymous]

---

@FicoGuy2019 wrote:

---

@Anonymous wrote:

---

@FicoGuy2019 wrote:

I was approved for CR Visa $10k at 11.9% on 4/4 and have put $2500 on it since then which I needed for the SUB anyway.  My first due date is 5/23 and I will PIF. 

Can I app for the 2nd card 91 days from April 4th approval date which puts me at July 5th or do I need to wait until 3rd statement cuts at the end of July?  I will likely go for the Flagship but debating on it vs. Platinum.  

---

You need to wait until the third statement is generated even though it will be significantly after 91 days.

---

Actually, I was incorrect.  My first statement cut on 4/26.  I confused myself by typing the 1st due date.  So I will be at 91 days on July 5th and my 3rd statement will have cut on June 26th.  I also just noticed my FICO9 is now showing as of yesterday which is exactly 1 month from the day I was approved on April 4th.

I assume it will start reporting on my credit reports once the 2nd statement cuts this month.

---

91/3 is the guideline.   Some with low DTI and clean profiles, have seen a CLI after 91 days without 3 statments and on the flip side some with not so clean profiles (*cough* me) or not as low DTI have been made to wait 6 months.  (scores and INQ regardless) 

One good thing that i do know IME, is that if you ask to early, they will tell you that and there is no HP.  

Waiting to hear of your success when you do deicde to give it a shot.

[Anonymous]

2 more months til I can go for card 2. I've already put almost 2k through the $700 SL they gave me (I'm at about 5 payments on the card to keep the balance low lol). Should be getting the SUB soon.

Hoping for a big one. Like everyone else... The wait is killer.

[FicoGuy2019]

The wait is a killer...I'm already halfway to hitting my $10k limit before my first due date...hurry up July 5th!

[Anonymous]

Ok guys and gals quick question... "Hypothetically speaking" when using the 91/3 formula would after midnight be considered 91 days?!?!?! I have been impatiently waiting to get to my 91/3 and it's almost here. I got my Flagship on February 8th at 12:30 am so I was wondering if I had to wait until the 10th after say, 8 am, or would I be good to go after midnight tomorrow night?!?!?! Any help would be greatly appreciated!!! I don't want to jump the gun but this is killing me, lol.

[AverageJoesCredit]

You could give it a day or two after 91 to be sure. Better to be safe than sorry

[Anonymous]

I agree. You should give it a day or two. Also, I would wait until your FICO score is updated in their system (they do it once a month on the same date as your statement cuts, usually). If you do that, there’s a chance that a CLI request might only be a SP instead of an HP.

[Anonymous]

---

@Anonymous wrote:
I agree. You should give it a day or two. Also, I would wait until your FICO score is updated in their system (they do it once a month on the same date as your statement cuts, usually). If you do that, there’s a chance that a CLI request might only be a SP instead of an HP.

---

Where did you get that bit of "info" from?  I know Amex updates your EX FICO 8 score when a statement is cut, but I've never heard about Navy doing that.  Just by coincidence a new statement was cut last night for me and there was no score update.  My last score update occurred on May 4, the same date as everyone else.