@CreditCuriosity wrote:Congrats.. Pulled the trigger asked for 25k on phone rep. as he wrote me today and said memberhsip was cleared up as validated. He did warn me before pulling the might request DL, SS, and POI. I said that is fine. Just got a call they want DL, SSN and most recent paystub.. Will get that to them tonight or tomorrow I suppose. I am first to get hit with POI it appears
Congrats on your soon to be approval its weird they asked you for POI.
I have a question if any one can answer it do they use Fico for lending decisions? The score in your account is Vantage AKA FAKO.
@bigpoppa09 wrote:
@CreditCuriosity wrote:Congrats.. Pulled the trigger asked for 25k on phone rep. as he wrote me today and said memberhsip was cleared up as validated. He did warn me before pulling the might request DL, SS, and POI. I said that is fine. Just got a call they want DL, SSN and most recent paystub.. Will get that to them tonight or tomorrow I suppose. I am first to get hit with POI it appears
Congrats on your soon to be approval its weird they asked you for POI.
I have a question if any one can answer it do they use Fico for lending decisions? The score in your account is Vantage AKA FAKO.
Pure Speculation—FOTM myFICO forums will do that to a CU quickly. In the last couple of days, my dedicated representative hinted about a surge of people joining through (LMY) and CC applications. If they have been burned before with some fraud, all of a sudden, all these applications come in around the same time...looks suspicious, and I'm sure the Loan Officers are being "safe than sorry."
AOD couldn't handle the myFICO wave; we shall see if BCU can. Might get a little lucky that Reddit is down, so the word "might" not travel as fast.
IIRC—Old timers can fact-check me, but myFICO FOTM, this forum, could have contributed <wink> to NFCU closing their loophole for non-military members. A long time ago, in a very different world, you could signup for an organization and get an NFCU membership. It was brief and short; with GREAT power comes GREAT responsibility. These forms help tremendously but can quickly break a smaller CU when geo-restrictions are opened. I'm sure they don't expect a WAVE of members all at one time, all with moderate to excellent credit, all requesting 20k+ CC and PLOCs 
All the above is just my 2 cents.
@CreditCuriosity wrote:
@bigpoppa09 wrote:
@CreditCuriosity wrote:Congrats.. Pulled the trigger asked for 25k on phone rep. as he wrote me today and said memberhsip was cleared up as validated. He did warn me before pulling the might request DL, SS, and POI. I said that is fine. Just got a call they want DL, SSN and most recent paystub.. Will get that to them tonight or tomorrow I suppose. I am first to get hit with POI it appears
Congrats on your soon to be approval its weird they asked you for POI.
I have a question if any one can answer it do they use Fico for lending decisions? The score in your account is Vantage AKA FAKO.
Nope I asked as 791 came back and believe he said vantage 4... Strange places using that other than Sync esp such a big CU
BTW mine was instant approval based on that verification/uw came back with which was DL, SS card and Last Paycheck which I just sent them
Surprised like u mentioned there using Vantage instead of Fico.🤔
@CreditCuriosity wrote:I speculate alot more people are going to be if not already asked for POI as I am into the 800's on FICO's and 790 on their V4 I guess although thought was in 800's as well, but apparently not. Ya they have been burnt before and guy is extremely nice I am working with he made it clear that UW isn't about to go through blatant fraud again. As mentioned very nice, but keeping some stuff close to his chest as this new program to them exposes them to a lot more bad risks, etc. I specuate some already approved will be hit with POI requests and certainly the new people that are applying today/tomorrow etc will certainly be hit with them if they are eligible through this program my person said other methods they don't care he eluded to, but this program they have a hawks eye on right now in a nutshell.
I agree with this and would add it will definitely happen to those that ask for multiple credit products. I was approved for the line of credit yesterday, but turns out it was conditional. The "Review" team asked for POI which I just submitted and absolutely supports the income that I stated. We'll see what the ultimate decision is.
