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SECU to apply or wait?

Gmood1
Community Leader
Super Contributor

Re: SECU to apply or wait?

@RootDet , yes technically several of us were approved for over $20k.

 

Several members here have asked for $25k or more and were approved. Two I know of obtained $40k from the start in unsecured credit from SECU.

 

Congrats on your membership.

You'll know from the start if your request is approved. If not, lower the amount and try again.

 

 

Message 41 of 58
Gmood1
Community Leader
Super Contributor

Re: SECU to apply or wait?

Just a heads up. SECU PLOC finally reported today. Was hoping it would be hidden, no big deal though.

Scores still holding steady after it reported.

PSX_20200715_103320.jpg

 

Screenshot_20200715-103158.jpg

 

Message 42 of 58
ktl72455
Valued Contributor

Re: SECU to apply or wait?

Im still waiting for mine to show up in my account :-) 

Too chicken to try to go grab anything else , this one was hard enough to get!

From MI.
12/4/12 TU 589 MyFico ~EQ 579 MyFico ~EX 577(Fako)

Myfico 8 scores
6/12/20 TU 803 ~ EQ 814~ Ex 784
My Wallet: Cap1 3,500K ~FH 2950~Credit One 1750~Credit one #2 1250~Orchard Bank 400 ~NFCU nRewards 18,000~NFCU Cash Rewards 18,500 ~Care Credit 12000~Discover 6000~Lowes 5450~ Amex 5400.00 ~ Harvest King 8000 ~ Langley~Penfed~Service CRU~red stone cru~
UTL 17%
Message 43 of 58
E_Fizzy
Established Member

Re: SECU to apply or wait?

CONGRATS @ktl72455 on your approval.  Does anybody have any datapoints on SECU CLI's?  When is a good time to ask for the first CLI for a new SECU credit card?   A couple months ago in May 2020, I received a 12k SL for their Cash Back CC.  While establishing my relationship and membership with SECU in May 2020, I opened a savings and checking account.  Along with the original HP, I was able to garner a $3k PLOC with them as well.

 

Thanks in advance.

Message 44 of 58
Gmood1
Community Leader
Super Contributor

Re: SECU to apply or wait?

@E_Fizzy 

I believe @Dumbee  has requested a CLI recently? I know he added some extra tradelines with them. Maybe he can help you on that one. 

 

 

Message 45 of 58
ktl72455
Valued Contributor

Re: SECU to apply or wait?

Ok , my CC acount is now showing up on line Smiley Happy

Since it is a soft pull for other items, I have nothing to loose going for something, but what? lol PLOC?

How long will they use the first HP for other items?

 

From MI.
12/4/12 TU 589 MyFico ~EQ 579 MyFico ~EX 577(Fako)

Myfico 8 scores
6/12/20 TU 803 ~ EQ 814~ Ex 784
My Wallet: Cap1 3,500K ~FH 2950~Credit One 1750~Credit one #2 1250~Orchard Bank 400 ~NFCU nRewards 18,000~NFCU Cash Rewards 18,500 ~Care Credit 12000~Discover 6000~Lowes 5450~ Amex 5400.00 ~ Harvest King 8000 ~ Langley~Penfed~Service CRU~red stone cru~
UTL 17%
Message 46 of 58
Gmood1
Community Leader
Super Contributor

Re: SECU to apply or wait?

@ktl72455 

Your pull is good for 30 days. And you're correct. You have nothing to lose. Go for it!

Message 47 of 58
Dumbee
Established Contributor

Re: SECU to apply or wait?


@E_Fizzy wrote:

CONGRATS @ktl72455 on your approval.  Does anybody have any datapoints on SECU CLI's?  When is a good time to ask for the first CLI for a new SECU credit card?   A couple months ago in May 2020, I received a 12k SL for their Cash Back CC.  While establishing my relationship and membership with SECU in May 2020, I opened a savings and checking account.  Along with the original HP, I was able to garner a $3k PLOC with them as well.

 

Thanks in advance.


I think as long as your score and DTI meets their thresholds, you can request it at anytime for a HP, or re-use a HP within 30 days of the first one whether it's online or over the phone

 

Start small and re-apply for CLI online until you get what you want/are denied

 

With CLI, the max I was getting pre-approved for is up to around 1/3 of my income 12.5k/35k -- I think denied when I called in because I already triple dipped 20K in new accounts right before -- "escalating debt". My DTI = ~1%

 

Total revolving exposure 25k to 35k income with them, over 70%

 

Minimum score for approval EQ5 670


Smiley Embarassed
Personal/40.15K Biz/23K POT/17K
Message 48 of 58
Dumbee
Established Contributor

Re: SECU to apply or wait?


@ktl72455 wrote:

Ok , my CC acount is now showing up on line Smiley Happy

Since it is a soft pull for other items, I have nothing to loose going for something, but what? lol PLOC?

How long will they use the first HP for other items?

 


I have the PLOC and CCs 

 

Funny, they gave me better rates on my CCs than PLOC -- CCs have no cash advance fee, so they are still cheaper to use as cash draw

 

I think I got 10% on the FirstRate V, around 14.5% on PLOC


Smiley Embarassed
Personal/40.15K Biz/23K POT/17K
Message 49 of 58
ktl72455
Valued Contributor

Re: SECU to apply or wait?

well I am back to playing the numbers game and being told no.. going for the cask back.. started at 10,000  down to 4,000  ...doing the dance!

 

From MI.
12/4/12 TU 589 MyFico ~EQ 579 MyFico ~EX 577(Fako)

Myfico 8 scores
6/12/20 TU 803 ~ EQ 814~ Ex 784
My Wallet: Cap1 3,500K ~FH 2950~Credit One 1750~Credit one #2 1250~Orchard Bank 400 ~NFCU nRewards 18,000~NFCU Cash Rewards 18,500 ~Care Credit 12000~Discover 6000~Lowes 5450~ Amex 5400.00 ~ Harvest King 8000 ~ Langley~Penfed~Service CRU~red stone cru~
UTL 17%
Message 50 of 58
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