@coldfusion wrote:
@Cclerk79 wrote:Sorry I don't have all the bells and whistles but I am in the same boat. Had my cash rewards card since September with 5 statements. I applied for a CLI on Wednesday 2/17 11:30 pm and was given the 24 review message. I have not heard a word... should I call or wait?
Have you logged in and checked the available credit on the card? "Available Credit: $XXXX of $YYYY"
If $YYYY is greater than ($XXXX + Current Balance) you'll know you got a CLI before getting any official notification
Lol Navy be SUPER slow on their communication 🤣. A denial letter comes through the mail incognito
@Aim_High wrote:
@AverageJoesCredit wrote:
@Aim_High wrote:
@Anonymous wrote:If scores are too good (and/or too many hps), deny or low sl. If scores are too low say below 600 deny. Scores from 640 to 700+ seem like the good scores to get approved.Just from my observation.
Good observations about Navy FCU, @Anonymous. They do seem to have a "sweet spot." For those like myself with thicker files, higher income, higher FICOs, and more available credit, it seems they are a little slower to warm up. They are very good comparatively speaking to people in the middle-of-the-pack and especially for those who are building/rebuilding.
@Aim_High i have a train of thought. Might be wrong but maybe Navy is more lenient to those in middle and bottom of packs because quite possibly many of its members were/are vets and especially active duty, where because of constant deployments and seperation from families and hardships, often times finances are not managed well and this could be Navy's way of helping the most who may need it most. Just spitballing but could be. I just know im honored that they look out after the little guys since many other banks and CUs dont.
You may be right, @AverageJoesCredit, and I apologize if I come across to some as entitled. Don't get me wrong. I'm all for lenders being open to helping out the "little guy" and those struggling to rebuild. My scores and financial stats have not always been so blessed, so I can certainly identify. Where I find it surprising is the apparent 'reverse discrimination' compared to the normal credit rules most lenders play by. Usually, we're told to get our financial house in order, pay our debts, raise our scores, and the doors open up. That's the way it usually does work. It's just surprising to see them reverse the rules instead of just opening the door more equally to everyone.
For example, if they want more credit to go around, why allow $80K limits per member instead of a lower cap such as PenFed's and USAA's $50K? Or if they really want to help those struggling from military deployments and stress, why do they so freely open membership to family members who may be quite removed from ever experiencing the stresses of military life, such as grandchildren or siblings?
By the way, one reason I was disappointed in how Navy has treated me is exactly due to the fact that I'm a 12-year active duty veteran. I'm a veteran of the Cold War years as well as Operation Desert Storm. I guess I thought they would give me a little special consideration for my service since they were originally founded to serve the military. USAA is very respectful in that regard and still even calls me by my military rank as a salute to my military duty. PenFed also seems to value my service. Meanwhile, Navy doesn't seem to give it much consideration.
I still like Navy FCU and plan to keep them around, but they've just been very slow to warm up to me, for whatever reason, and that has been surprising.
Well, hopefully you get all you desire one day with Navy. Appreciate your service and thank you for it too
So for me the Covid $4k was not only a great increase for my cashRewards card (which was originally $200 nRewards secured graduated to $2k) It was literally a Covid $4k becaus I just got my positive covid results back😢
@Bankrupt2019 wrote:So for me the Covid $4k was not only a great increase for my cashRewards card (which was originally $200 nRewards secured graduated to $2k) It was literally a Covid $4k becaus I just got my positive covid results back😢
@Bankrupt2019 Definitely hope you make a full and complete recovery soon! And congratulations on the CLI!
@Anonymous @Anonymous @Curious_George2
Thank you all for your well wishes, I feel mostly like I have a flu/cold but have been quarantining to keep others safe.