On the morning of April 26, I logged into the Vantage West ("VW") website and applied for an account. About 20 minutes later, I received an e-mailed Notice of Adverse Action along with a contact us link. I clicked the link and called the phone number. I was told that the reason for the rejection was that VW could not verify some details about me. So, I made an appointment for an in branch visit at 11:00 MST at the nearest branch (about 90 minutes away). VW membership is open to anyone who lives, works, or worships in Maricopa County. My claim to membership was that I worshipped in the county. I took paperwork with me to argue that I did indeed worship there.
I arrived at the appropriate time and began the process. I had been forewarned that I needed to bring some things, and I went loaded for bear. I had my passport, social security card, business card, Arizona driver's license, utility bill — the works. The process was quite easy. When I was asked whether I lived in Maricopa county, I informed the lady that I worshipped there. I was prepared for a fight over that point, but she just went off to ask the manager whether worshipping in the county was acceptable. She returned with an affirmative in less than 5 minutes. No documentation was requested.
I had planned only to open an account, but during the membership phase, I was informed that I was preapproved for a credit card and was asked whether I wanted to apply for one. Naturally, I selected the VW Connect Rewards card, which gives 5 percent cash back in the category of my choice. After making my initial deposit, I returned to the office and was asked how much my monthly rent was. I produced my rent statement, and the person aiding me in setting up the account divided that in half under the theory that my wife pays half. I did not object. She then asked me what my monthly gross income was. I pulled out a calculator and calculated about $12,750. It would have been difficult to document that amount, but I was certainly willing to try.
I was told that the application would be reviewed by an underwriter and that I would get an answer in 3 business days. However, the members service representative called me as I was driving home to inform me that I had been approved for a $15,000 line of credit. I have been told that I will be called by Wednesday so that someone can walk me through how to DocuSign all of the paperwork.
It doesn't show up on the mobile app, but I believe that I pulled it off. So, I'm celebrating!
Edit: Experian was pulled with a score of 754.
Congratulations on your VWCU approval!
DocuSign is the easy peasey of it. Fantastic!!!
And Big Congrats on the new Approved Vantage West CU success!
Congrats on your approval and nice SL my fellow Arizonan!
I will have to keep this credit union in mind once I'm ready to app again.