@UH_HUH : Congratulation for getting the approval...but I am so sorry for the given credit line...I could feel your sadness, disappointment and a complete shock for giving you such a CL by a lender who is well-known to be a sweetipie, easy-going and definately not known to give this much CL to a person with a thick profile like yourself...at least $5k would have been justifiable. But hey, at least its not the end nor a "done-deal" ..neither a complete closure or a full stop on your plight /desire to have a higher credit limit in the future with them. So long you are at their door, you still have a chance to court them and get what you are hoping for.
It's just that NFCU now wants you to have more intimated relationship with them and a bit longer one compared to other Navy members. They now want you to court (chase) them to get their goodies. Analogy-wise, its same like some women who are very hard to be courted out for not being easy ones...Its always so hard to get their "attention". In order to impress them or to chase them, guys would need to work a bit harder, a bit longer and being "creative" to get their "attention"...Same goes here with NFCU for you now . Given the number of open and recent accounts you have along with total available credit limit then your situation/application is definately not a norm, rather an unique one...Yes, I am sure that there must be some people, including myself, who have this many open accounts and this much total line of credit but I doubt that there is anyone who has opened this much accounts and have this much credit limit within 19 months...unless I have missed out on something on this site as I have not been around for too long....
That being said, given the total available credit limits and number of recent open accounts, NFCU just doesn't feel that you will be able to give them a special attention (business) what they expect from their members. It's same to the fact that if a guy is talking with many pretty women at the same time then it would be hard for any woman to be serious with this guy knowing he has so many pretty women to talk to and choose from. She would know (or at least will think) that this guy might never be serious about her especially when the guy has many women to chose from. Same situation here with NFCU. NFCU thinks you have enough credit from good lenders with good APR...So they think that chances of you giving them business is very little to none. That's why they just didn't feel comfortable giving you a higher line of credit at this time unless you can prove them otherwise in coming weeks/months/years to come.
A lender can give away only so much in credit. That's why they prefer extending credit to those who could be benefial to them. That's why whenever someone doesn't use the available credit/account for a while, or at least doesn't use 80% to their available credit limit then most lenders (not all, though) do decrease the credit limit or shut down the account due to non-activity or for not using the account to its available credit limit. It happened to me recently when Discover closed my account due to inactivity despite of me having that account for so long and with a credit limit of $53k. Now when this will happen then nobody knows but most lenders do it, trust me. It's just a matter of time when this will happen. They feel that they should rather give a credit to those who don't have much credit so that there would be a good chance for them to make money from those people, or at least give a chance to those who otherwise wouldn't have a chance with other lenders to rebuild their credit. And NFCU is definately the one that operates on this mantra. They don't feel that you really need any credit from them ...at least not a higher one because they know you already have enough credit.
Having so many open accounts (regardless of being recent or not) and/or availablility of such a big total line of credit is the biggest problem for most of us when it comes to NFCU because data-point has shown and proven time and time again that Navy is notoriously sensitive to people like us in issuing a good line of credit initially. That's why I have not applied anything with Navy yet even though I have joined them last month. I have opened checking, saving and money market accounts with them, and trying my best to show big consistent and regular actions with them. Don't know if it matters as some have tried this before for a few months to have not much success but I'm doing a little bit different than them by opening as many accounts and showing big & regular actions. I am not in rush to get their cards as of now and don't know when I would try...I am just weighing my chances with them given the number of open accounts and total available credit limit I have. If it would work then it would be wonderful, otherwise oh well...at least I can be in peace knowing that I did give my best.
Back to your situation then there are many more factors are involved in your case....such as your income compared to total line of available limit...Obtaining this much credit in such a short time might be seen kinda a risk factor to most lenders...Bottom line- nobody can ever understand how a lender decides their underwriting policy....I have seen very strange cases that can never make any sense...and I am sure you and others have seen/witnessed as well...And there is nothing we can do about it as its their show...Each lender is different, so do their policies. Sometimes they even go against their own data-point/policies/rules/regulations to approve an application by making exceptions or bending their underwriting criterias...breaking all their rules...and going easy for some but then harder on others by throwing all the books on them....So, its all about our luck in most part...and "at right time and right place and with right person" kinda thing always applies...because if an application is ended up in the hands of a toughy one then even a simple application gets rejected for fancy reasons...and if it falls in the hands of a good/easy-going person then even many baddies will be ignored...That's why YMMV applies every times and I'm sure you know it...
And as I said earlier that many members on here, including myself, may have this many accounts and even this much total credit limits but I personally didn't get all these in 19 months, rather its a hard-work of many years...That's why your situation might be seen a bit different by some lenders as they may see it as a risk factor. If I were you, then I will be glad that at least I am at their door. Now you can start building a good relationship with them...use their accounts often with good spend... at least until next request for CLI. And I do believe that you really need to do a serious gardening now without any temptation ..This way Navy will know that you are paying enough attention only to them to have a better relationship...and you will get there where you wanted to be. If a woman knows that you are sincerely interested only in her and that you do chase only her...impress only her ...then you have a better chance to get her "attention". I wish you all the luck and I know you will get what you want but it would take a little bit longer. Good luck...
