I joined NFCU and applied for a Visa last week. To my surprise, I was approved for a $3750 CL. Hopefully I'll be able to get that raised in 91 days...
On a side note, I also opened a checking account with them and was thinking of applying for a CLOC. Does anyone know if applying for a CLOC is a good idea so soon after opening a credit card? Will it affect my chances of CL approval?
Back when I joined I applied for the CLOC at the same time, as well as a CC. Approved for both CC and CLOC, and increased my limit substantially on the CC later on.
Sure thing, jdxprs1.
They pulled a TU report, which has a 645 Fico 8 score. TU has my highest Fico scores, but also has the most inquiries; NFCU took it to 10. I applied for the card at the same time I joined and opened a checking and savings; I only funded each with $25.
I did it late last week (Wednesday or Thursday), so I haven't gotten the actual card yet, but it is showing on my account. A few hours ago, I bit the bullet and decided to also apply for their CLOC. I got a response saying that they'll notify me, typically within an hour, of their decision. It's been almost five hours now, and no word from them. I assume they have people or computers (my instant credit card approval happened overnight) that work overnight, so I'm not sure what the holdup is; but it isn't making me too comfortable. Hopefully they approve it...
I'm still new to all this, so I'm not sure what info is helpful. Any other data you'd like to know?
The whole process was super easy. Probably the easiest process I've gone through for checking/savings app and credit card.
My income is about $75,000. I didn't put my wife on the account, but maybe I should've so I could add her income, too. If that's even how it works; we don't have any credit accounts together...
Still no word on the CLOC. Maybe they're trying not to hurt my feelings.
Congratulations on the New Credit Card with NFCU!! For some reason they make you wait and sweat it out, Lol... They normally pull from Equifax for the CLOC. No news is good news!! Our fingers are crossed!!! Please keep us posted! We are cheering for you!