cancel
Showing results for 
Search instead for 
Did you mean: 

UPDATED Should I join NFCU or wait? Help! (WENT FOR IT AND OMG - IN SHOCK)

Highlighted
Valued Contributor

Re: Should I join NFCU or wait? Help!


@Creditobsessed12 wrote:

Any other advice from anyone else??


Definately won't hurt joining...you have nothing to loose besides a HP on your TU report. As far as apllying for a CC there, bring down your utilization a bit and go for it (which would also result in another HP. Good Luck!!

American Express Business Gold(NPSL 10k) Chase CSP (25k) Pier 1(23.5k) BofA CR Siggy (20.8k) BofA BBR (22.1k) Amex BCP(4.1k) Overstock (21.1K) Lowes (17K) NFCU CLOC (15K) NFCU VS Cash (15K) Care Credit (15k) J Crew( 11.9k)Venture WMC (10.25k) Amex Everyday (1k) Chase Slate (10k) Walmart MC(10k) BB Visa (10k) Discover(4.5k☝️) PayPal Cashback Mastercard (8k) Chase FU (7.4k) Citi AAdvantage Gold World Elite (9.5K) Citi Double Cash (8.5k) Fidelity® Rewards Visa Signature® Card (6.5K) PenFed PCR (5K) PayPal Credit (4550)Discover (500✌️) Kohls (3k) Chase Freedom (1500)

Mortgage May 2017 - 2 auto loans (1 PenFed and 1 Navy) Aug 2018=98K
Gardening until Aug 2020

FICO 8 Scores EX 702 EQ 705 TU(1) 718
AAOA 4.6yrs TCL=300,700
Message 11 of 42
Highlighted
Valued Contributor

Re: Should I join NFCU or wait? Help!


@doinit1 wrote:

@Creditobsessed12 wrote:

Any other advice from anyone else??


Definately won't hurt joining...you have nothing to loose besides a HP on your TU report. As far as apllying for a CC there, bring down your utilization a bit and go for it (which would also result in another HP. Good Luck!!


Well if the OP opens an account, applies for a credit card, and cloc that is three hard pulls on your Transunion.

 

I had 580 Transunion , 130k income and 10 utilizaiton when I applied and got 6500 credit card limit and denied on CLOC.  I am sure the Original poster will do much better.  My limit was raised to 22k after 3 months albeit with a much higher credit score.

More cards than I can mention in a signature.
Message 12 of 42
Highlighted
Established Member

Re: Should I join NFCU or wait? Help!

In your postion, I would not hesitate to join if you dont mind the HP for joining, then another if you apply for a CC

 

My scores are much lower than yours and I am glad I did not wait. I was slow playing it and opened a Share saving account online. A few days later was contacted by a CSR who assisted me getting the checking account started and by the end of the phone call I had a Platinum Card with a $3100 limit on scores in the mid 500's with 53% utilization. I was not even going to apply for the CC...I was going to start loading up the Share Savings for a secured card.I did not request anything other than that, and dont feel a CLOC is necessary for me at this time.

Message 13 of 42
Highlighted
Valued Contributor

Re: Should I join NFCU or wait? Help!


@frogman1 wrote:

@doinit1 wrote:

@Creditobsessed12 wrote:

Any other advice from anyone else??


Definately won't hurt joining...you have nothing to loose besides a HP on your TU report. As far as apllying for a CC there, bring down your utilization a bit and go for it (which would also result in another HP. Good Luck!!


Well if the OP opens an account, applies for a credit card, and cloc that is three hard pulls on your Transunion.

 

I had 580 Transunion , 130k income and 10 utilizaiton when I applied and got 6500 credit card limit and denied on CLOC.  I am sure the Original poster will do much better.  My limit was raised to 22k after 3 months albeit with a much higher credit score.


Yeah I never mentioned CLOC....but I agree..

American Express Business Gold(NPSL 10k) Chase CSP (25k) Pier 1(23.5k) BofA CR Siggy (20.8k) BofA BBR (22.1k) Amex BCP(4.1k) Overstock (21.1K) Lowes (17K) NFCU CLOC (15K) NFCU VS Cash (15K) Care Credit (15k) J Crew( 11.9k)Venture WMC (10.25k) Amex Everyday (1k) Chase Slate (10k) Walmart MC(10k) BB Visa (10k) Discover(4.5k☝️) PayPal Cashback Mastercard (8k) Chase FU (7.4k) Citi AAdvantage Gold World Elite (9.5K) Citi Double Cash (8.5k) Fidelity® Rewards Visa Signature® Card (6.5K) PenFed PCR (5K) PayPal Credit (4550)Discover (500✌️) Kohls (3k) Chase Freedom (1500)

Mortgage May 2017 - 2 auto loans (1 PenFed and 1 Navy) Aug 2018=98K
Gardening until Aug 2020

FICO 8 Scores EX 702 EQ 705 TU(1) 718
AAOA 4.6yrs TCL=300,700
Message 14 of 42
Highlighted
Frequent Contributor

Re: Should I join NFCU or wait? Help!

I joined and decided to just apply.  I CANNOT BREATHE!  I got approved!  24K limit 13.8 percent interest rate!!!

11/30/14 EQ 545 TU 573 EX 602 01/15 EQ 545 TU 586 EX 589
02/15 EQ 643 TU 627 EX 669 03/05/2015 EQ 708 TU 744 EX 707
05/2017 EQ 659 TU 676 EX 683
Goal: 700s across the board Smiley Happy
Message 15 of 42
Highlighted
Established Contributor

Re: Should I join NFCU or wait? Help! (WENT FOR IT AND OMG - IN SHOCK)

told you so!!!   lol j/k but seriously congratulations for that awesome CL! 

Starting Score: EQ 497 TU 496 EX 499
Current Score: EQ 592 TU 580 EX 581
Goal Score: 700 Across the board


Take the myFICO Fitness Challenge
Message 16 of 42
Highlighted
Senior Contributor

Re: Should I join NFCU or wait? Help! (WENT FOR IT AND OMG - IN SHOCK)

Congrats that's awesome
Message 17 of 42
Highlighted
Frequent Contributor

Re: Should I join NFCU or wait? Help! (WENT FOR IT AND OMG - IN SHOCK)

Thank you!!  Should I try for the LOC or is that pushing my luck?  LMAO

11/30/14 EQ 545 TU 573 EX 602 01/15 EQ 545 TU 586 EX 589
02/15 EQ 643 TU 627 EX 669 03/05/2015 EQ 708 TU 744 EX 707
05/2017 EQ 659 TU 676 EX 683
Goal: 700s across the board Smiley Happy
Message 18 of 42
Highlighted
Frequent Contributor

Re: Should I join NFCU or wait? Help! (WENT FOR IT AND OMG - IN SHOCK)

Congrats! There's your balance transfer!
Last app 1/2/2017.
In the garden until at least 6/2/2017.
Message 19 of 42
Highlighted
Frequent Contributor

Re: Should I join NFCU or wait? Help! (WENT FOR IT AND OMG - IN SHOCK)

I went for the CLOC as well.  I got a message saying I should hear back in one hour.  Is this common or do people get approved instantly?

 

I tried for the full 15K.  If I get it that's 39K between the CC and CLOC at a lower rate than what I currently owe.  I owe around 33K across a few cards.

11/30/14 EQ 545 TU 573 EX 602 01/15 EQ 545 TU 586 EX 589
02/15 EQ 643 TU 627 EX 669 03/05/2015 EQ 708 TU 744 EX 707
05/2017 EQ 659 TU 676 EX 683
Goal: 700s across the board Smiley Happy
Message 20 of 42
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.