Official NFCU CLI Guide

[Creditaddict]

You have a Q?

I have an A!

UPDATED 02/12/2016

Q: Is it possible to know before requesting if my account will be eligible without a HP?

 A: If you access your full Equifax  report and look at SP/Promotional Inquiries you will see (NAVY AR) and they will be every 3 months like clock work once you see the first one... IF at any time you are going to have a better chance of a sp increase it will be after that AR has been done.

Q: I currently only have a $1k limit, won't asking for $25k just get my request Flat out Denied or HP for sure because of the large request?

A: All data shows that Navy allows requests up to $25k without review IF your account is eligible so if you request just $5k and it's instantly granted than you have left CL available to you by not asking for the full $25k and getting the instant counter.

Q: I get a message "A CONDITION EXISTS ON MY ACCOUNT AND I NEED TO CALL" Does that mean a SP CLI is not available?

A: This is an INTERNET ERROR with Navy, it has nothing to do with your account being able to get a CLI or not... you need to use Firefox, Chrome, Clear cookies, Clear Browser history and close out and restart in one of those browsers and try again. DO NOT CALL!

Q: I have been thinking about a Second Navy Card OR I applied for a Second Navy Card but was declined?

A: Navy use to allow you to use credit from an existing card to open a 2nd card, but they no longer will move CL's.

Q: When should I apply for NAVCheck/Checking Line of Credit (Navy has changed the name I believe) and for how much?

A: 1. Join Navy. 2. Apply for a Credit Card. 3. Apply for NavCheck 4. ALWAYS ASK FOR $15k (Just like with Credit Cards, Navy will counter if not the full amount and you can't ever ask for to much, it's called a counter for a reason!)

**In some instances for those that are in the low 600's or fresh out of a BK, Navy will deny and not counter a $15k ask but you can go back in and submit another application for $500 or $1k and many have had success getting in the door this way on the CLOC.  If you can get approved at a low amount, then my general rule is usually after your first big CLI on credit card to then ask for the full $15k CL on CLOC.  You request CLI on CLOC by going in like applying for a new CLOC and then the next page will ask if you are applying for new or CLI existing.

Q: When should I apply for my 2nd Navy Card?

A: EITHER when you hit $25k on your first card within 6 months OR After you successfully get your first SP CLI (Usually 3-6 months in my opinion).

**2nd cards are more difficult to get than in the past, some have best luck getting 2 cards back to back right in the beginning

Q: I received NavCheck but not for the full $15k, When should I go back and ask for CLI to $15k again?

A: After you successfully get your first SP CLI on your 1st credit card (It was about 3 months after opening for me)

***If you have high income and are willing to show it... sending in last 2 paystubs via secure message with a large ask or a recon on a 2nd card will go a long way!

Keep in mind an instant $25k approval on a credit card is the most the computer can give but if you send in 2 paystubs and CLI for the max of the card you applied for $50k or $80k if Flagship, they will do a manual review and counter you the real internal limit they will currently offer on that card... Take full advantage of those HP's!

[dddfresh]

I got two HP and no CLI at 3 months. Very hard not to try again.

[Alaskagurl]

I hope thats right Creditaddict, If not I will have like 20 hp's for all that instant. I will not ask for anything for another 5 years lmao...

[Creditaddict]

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@Alaskagurl wrote:

I hope thats right Creditaddict, If not I will have like 20 hp's for all that instant. I will not ask for anything for another 5 years lmao...

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You are one of the latest that I hope confirms my thinking of just asking for $25k right out of the gate because you had to go back 10x and others have done this recently.

The only experience I have is on my partners card and he was at $25k and asking for $35 resulted in 3-5 day and a HP but was approved, so I don't know if that's a over $25k thing or if he just would have gotten the HP regardless.... I hope to soon be adding some more cards so I can test the theory more later possibly! haha but for now....

I think the other added note is Navy doesn't much seem to care about INQ, even if they do pull!

[LS2982]

Ya'll are so lucky to get NFCU, so jealous......

[Rhaeny]

My experience is this regarding the length of time open before sp's are used.

Opened 12/22 - $2K recon to $5K

Requested CLI 3/10 - HP $7.5K

Requested CLI 4/8   - SP  $10K

Requested CLI 4/24 - SP  $15K

Requested CLI 4/25 - SP  $20K

Requested CLI 4/27 - SP  $22K requested $25K and countered at $22K

So on 4/8 I might as well have requested the full $25K and I would have gotten the counter !

[madmann26]

I support the making of this thread.

[calihlove75]

Uggh I am still too scared to hit the button..lol The success stories are killing me!!!

[Brusilov]

I'd had strictly auto-CLIs from a starting limit of 5k up to 10.5K where it was currently.  Decided to give this a try - asked flat out for 25,000 and they countered with 12,500.  Soft pull.  I'll have to keep doing this every once in a while!  Thanks for the tip.

[CashOnDelivery]

@ creditaddict, thanks for putting this together for our fellow NFCU members.