NFCU Flagship Approved $20K SL 2 Years Post BK!!!!

stealthc63 · ‎01-06-2023

Cliff note version of my journey since BK. BK was discharged on October of 2020. I was able to secure an auto loan from Ally financial for $30k on a brand new GMC Canyon right after my discharge. Can't remember the interest rate but it wasn't good. Within the next 6-8 months I was able to acquire CC's from Credit One, Ollo and Jasper. Due to the shortage of cars I was offerred a good chunk of change for the truck I purchased so I upgraded to a brand new Acura RDX. My mom cosigned so I could qualify for a lease. Shortly thereafter, Cap1 let me back in the door (burned them for about $40k) on a Quicksilver MC with a $3k SL. I then joined NFCU on April of 2022 and they approved me for the cash reward card with a $3500SL. In July I asked for an increase of $8k on the card and they approved $7k. Cap1 also gave me an auto increase to $5500 around that time. After I hit my 2 year mark I tried my hand with the Apple card and was instantly approved for $4500. My rent is around $4k/month (I live in the Bay Area) so the Bilt card was appealing to me. I app'd for that and was approved for $1,500...meh. You can pay rent through your checking and still get points so I was ok with that. I'm hoping it will grow. Fast forward to yesterday NFCU approved me for their Flagship card with a $20k SL!!! I have also hit my 180 day mark on the cash rewards so I plan on asking for another $8k. I will let everyone know how that goes.

Here is the icing on the cake. My boss just let me know that I will be communting around 120 miles/day very shortly so I decided it was time to go EV. My local credit union approved me for $81k, 84 months @ 5.69% on a 2021 model s performance.

I don't pay for myfico services so I don't know what all my scores are. Experian site has my Fico8 at 689 as of today. Income is $160k. I have tons of inq's as you can see lol. Only using $1k of my current $52k avail credit. No baddies (since BK.) It's def time to garden though.

UPDATE: I asked for a CLI on my cash rewards because it had been 6 months since the last request. It was denied becuase they gave me an auto increase a couple months back

I totally forgot about that and now the clock reset from that date. Rats...I had them disable auto CLI on both my accounts so I won't have to worry about that again.

Traveler101 · ‎01-06-2023

Congratulations on your achievements. Enjoy

KingRue8500 · ‎01-06-2023

Congrats on your NFCU Flagship Rewards approval

Jeffster1 · ‎01-06-2023

Congrats on your NFCU approval! 🎉

My eyes almost popped out of my head...120 miles a day commute!

FICO 8 EX 829 EQ 824 TU 844
American Express Blue Cash Preferred 30K I American Express Blue Cash Everyday 20K I American Express Cash Magnet 5K I Bank of America Customized Cash Rewards Visa 20K | Kinecta MyPerks Rewards MC 35K | Wells Fargo BILT World Elite MC 30K I BMO Harris Cash Back MasterCard 12K | Capital One QS MC 12.5K I NFCU Flagship Rewards Visa 32K I NFCU Amex 28K | NFCU CashRewards Visa 20K I America First CU Cash Visa 20K I Citi Best Buy Visa 10K I Macy’s Amex 20K I Bread Financial American Express 10.5K I AAA Daily Advantage Visa Signature 8.5K I Saks Fifth Avenue World Elite MC 8.3K I JCPenney Mastercard 6K I UCLA Wescom CU Rewards Visa 7K I Pottery Barn Visa 5K I PayPal Cash Back Visa 9K I TD Bank Double Up Visa 5K I USBank Cash Visa 5K I

CreditAggie · ‎01-07-2023

Congratulations on your NFCU Flagship approval and Tesla!

Current Cards (in order of approval):

Current FICO 8 | 9 (December 2024):

Credit Age:

Inquiries (6/12/24):

Banks & CUs:

NoMoreDebt · ‎01-07-2023

Cpngrats on the approval

AMEX CHARLES SCHWAB PLATINUM NPSL/ AMEX CHARLES SCHWAB INVESTOR CARD $25,000 CL/ AMEX MORGAN STANLEY BLUE CASH $5K CL/ AMEX GOLD NPSL / AMEX GREEN NPSL/ AMEX EVERYDAY PREFERRED $5000 CL/AMEX BLUE BUSINESS PLUS $5000 SL/ AMEX BLUE CASH EVERYDAY $18,000 / FIDELITY REWARDS VISA $23,500 SL

SOCKDRAWER/ PAYPAL CREDIT LINE $1700/NFCU FLAGSHIP $40,000 CL/ NFCU MORE REWARDS $40,000/ WELLS FARGO AUTOGRAPH $8200/APPLE CARD $6500/DISCOVER IT $3000 SL/CITI COSTCO ANYWHERE VISA $6000 SL

RealEstateGuy89 · ‎01-07-2023

@stealthc63 wrote:
Cliff note version of my journey since BK. BK was discharged on October of 2020. I was able to secure an auto loan from Ally financial for $30k on a brand new GMC Canyon right after my discharge. Can't remember the interest rate but it wasn't good. Within the next 6-8 months I was able to acquire CC's from Credit One, Ollo and Jasper. Due to the shortage of cars I was offerred a good chunk of change for the truck I purchased so I upgraded to a brand new Acura RDX. My mom cosigned so I could qualify for a lease. Shortly thereafter, Cap1 let me back in the door (burned them for about $40k) on a Quicksilver MC with a $3k SL. I then joined NFCU on April of 2022 and they approved me for the cash reward card with a $3500SL. In July I asked for an increase of $8k on the card and they approved $7k. Cap1 also gave me an auto increase to $5500 around that time. After I hit my 2 year mark I tried my hand with the Apple card and was instantly approved for $4500. My rent is around $4k/month (I live in the Bay Area) so the Bilt card was appealing to me. I app'd for that and was approved for $1,500...meh. You can pay rent through your checking and still get points so I was ok with that. I'm hoping it will grow. Fast forward to yesterday NFCU approved me for their Flagship card with a $20k SL!!! I have also hit my 180 day mark on the cash rewards so I plan on asking for another $8k. I will let everyone know how that goes.

Here is the icing on the cake. My boss just let me know that I will be communting around 120 miles/day very shortly so I decided it was time to go EV. My local credit union approved me for $81k, 84 months @ 5.69% on a 2021 model s performance.

I don't pay for myfico services so I don't know what all my scores are. Experian site has my Fico8 at 689 as of today. Income is $160k. I have tons of inq's as you can see lol. Only using $1k of my current $52k avail credit. No baddies (since BK.) It's def time to garden though.

Congratulations on your new Navy Flagship card! A very good SL too. Looks like you have done a fantastic job recovering from BK and it's one of the better stories I've read lately after BK. Enjoy the new EV!