cancel
Showing results for 
Search instead for 
Did you mean: 

3rd NFCU CC Approved & CLI on 2nd NFCU CC

LifeIsAHighway
Valued Member

3rd NFCU CC Approved & CLI on 2nd NFCU CC

Hey all,

 

This post is a follow-up to my posts from yesterday regarding getting a 3rd NFCU CC. Here's a link to one of those posts:

https://ficoforums.myfico.com/t5/Credit-Cards/Needing-Advice-From-NFCU-Members/td-p/6051409 .

 

First, I want to thank everyone who responded to my post(s). While opinions varied, I appreciated all of the input. I looked at each response & weighed the pros & cons. Maybe I'm just inpatient. I want to share my actions, the reasoning behind my actions & the end result. I began my "credit building relationship" with NFCU on 11/04/2019 by opening a $500 secured nRewards CC. My Ch7 BK (which was the result of unexpected & enormous medical bills, NOT financial mismanagement) was discharged end of January, 2019. In hindsight, I should have opened the secured nRewards CC sooner after my BK discharge instead of waiting over 9 months. That's my "reasoning" for app'ing for my 3rd NFCU CC today. I could have waited & likely gotten a higher starting CL as my scores increase but now I have 3 NFCU CC's that can grow with me. I AM OFFICIALLY GARDENING for the next 24 months with the only exception being requests for CLI's every 6 months.

 

So, today I did 2 things. I app'd for a NFCU Platinum Visa & I also requested a CLI on my cashRewards Visa Signature that was opened on 02/28/2020. The decision on my app for the Platinum CC was immediate. It could have been better but it could also have been much worse. I was approved instantly for a Platinum Visa with a starting CL of $3,500 @ 8.99%. I'm completely ok with that. It will grow over time. As for the CLI request on my cashRewards Visa Signature (CL was $11k), I didn't want to ask for a ridiculous amount that I knew would not be approved. I asked for an increase to $15k. Within 15 minutes, my acct reflected a CLI of $2,500 to $13,500. The new Platinum CC was a hard pull on Transunion only & the CLI on the Visa Signature was a soft pull on Equifax. So, with one hard pull on Transunion, today I gained $6,000 in additional available credit. I don't plan to use that credit but it will help to keep my aggregate utilization low & is there if I need it during these uncertain times.

 

What I really want to convey to people who have been through a BK or are rebuilding for other reasons; set your sights on what you want to achieve, be reasonable, be grateful & don't fear app'ing for credit if you believe there may be a chance it will be approved. I went from a $500 secured CC with NFCU in November of 2019 to having 3 unsecured NFCU CC's today with a total combined CL of $21,500. That amount may not seem like very much to many people here on the forum but I'm very happy with where I'm at with NFCU & how well they have treated me.

 

Sorry this post was so long. It's impossible for me to stop once I get going. LOL! Wishing everyone a GREAT & SAFE remainder of the weekend!!!

** SCROLL OVER ANY OF THE IMAGES BELOW FOR DETAILED INFO **

LOANS:

CREDIT CARDS:


Ch7 BK Filed 10-29-2018
Ch7 BK Discharged/Closed 01-30-2019
Mortgage Reaffirmed in BK - Perfect Payment History Since Purchase

Fico 8 Scores - 03-2021


Fico 9 Scores - 03-2021
15 REPLIES 15
AllZero
Super Contributor

Re: 3rd NFCU CC Approved & CLI on 2nd NFCU CC

Congratulations on your approval and CLI!
Message 2 of 16
EverForward
Established Contributor

Re: 3rd NFCU CC Approved & CLI on 2nd NFCU CC

Congratulations on your approvals and CLI 🍾🎉🎊🎈 Thank you for sharing your DP and successes with Navy.

Message 3 of 16
LifeIsAHighway
Valued Member

Re: 3rd NFCU CC Approved & CLI on 2nd NFCU CC

Thanks @AllZero . It was a shot in the dark but I'm content with the result. Now I don't want to think about CC's of any kind for a long, long time.Smiley LOL

** SCROLL OVER ANY OF THE IMAGES BELOW FOR DETAILED INFO **

LOANS:

CREDIT CARDS:


Ch7 BK Filed 10-29-2018
Ch7 BK Discharged/Closed 01-30-2019
Mortgage Reaffirmed in BK - Perfect Payment History Since Purchase

Fico 8 Scores - 03-2021


Fico 9 Scores - 03-2021
Message 4 of 16
LifeIsAHighway
Valued Member

Re: 3rd NFCU CC Approved & CLI on 2nd NFCU CC

Thanks @EverForward (& you're welcome). I know my posts are loooong but I try to include as much detail as possible for anyone reading them.Smiley Happy

** SCROLL OVER ANY OF THE IMAGES BELOW FOR DETAILED INFO **

LOANS:

CREDIT CARDS:


Ch7 BK Filed 10-29-2018
Ch7 BK Discharged/Closed 01-30-2019
Mortgage Reaffirmed in BK - Perfect Payment History Since Purchase

Fico 8 Scores - 03-2021


Fico 9 Scores - 03-2021
Message 5 of 16
CreditAggie
Senior Contributor

Re: 3rd NFCU CC Approved & CLI on 2nd NFCU CC

Congratulations on your NFCU Platinum approval and Cash Rewards CLI!

Current Cards (in order of approval):


Current FICO 8 | 9:

Credit Age:

Inquiries (24 month):

Banks & CUs:

Goal Cards:



Currently: 2/6, 2/12, 5/24
Message 6 of 16
GoNavy
Frequent Contributor

Re: 3rd NFCU CC Approved & CLI on 2nd NFCU CC

Congratulations, well done & GO Navy! 🛳💙

Message 7 of 16
LifeIsAHighway
Valued Member

Re: 3rd NFCU CC Approved & CLI on 2nd NFCU CC

Thanks @CreditAggie . I'm all credit'd out. Shewww!!! LOL!Smiley LOL

** SCROLL OVER ANY OF THE IMAGES BELOW FOR DETAILED INFO **

LOANS:

CREDIT CARDS:


Ch7 BK Filed 10-29-2018
Ch7 BK Discharged/Closed 01-30-2019
Mortgage Reaffirmed in BK - Perfect Payment History Since Purchase

Fico 8 Scores - 03-2021


Fico 9 Scores - 03-2021
Message 8 of 16
LifeIsAHighway
Valued Member

Re: 3rd NFCU CC Approved & CLI on 2nd NFCU CC

Thanks @GoNavy . I'm ready to garden 'til the cows come home!Smiley LOL

** SCROLL OVER ANY OF THE IMAGES BELOW FOR DETAILED INFO **

LOANS:

CREDIT CARDS:


Ch7 BK Filed 10-29-2018
Ch7 BK Discharged/Closed 01-30-2019
Mortgage Reaffirmed in BK - Perfect Payment History Since Purchase

Fico 8 Scores - 03-2021


Fico 9 Scores - 03-2021
Message 9 of 16
M_Smart007
Epic Contributor

Re: 3rd NFCU CC Approved & CLI on 2nd NFCU CC

Message 10 of 16
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.