Applied for the PSECU Founders card yesterday after closing this week on a NFCU loan for the townhouse we had been renting from my Sister since our downfall in early 2014.
The app went to review. The process was a bit weird. I was the one applying as always and was about to unlock her EX before hitting submit but noticed that there were 5 emails saying that TU was pulled for a consumer loan. I unlocked EX and hit submit but they never pulled EX in the end. They pull before you submit!
Got a conformation message of approval this AM and it looks as though she was approved for the max, $30k. Simple as that, no Income verification, no call, no nothing. Another 2% card (she will fulfill the required $500 DD to make it 2%)
If you look at my Sig, her scores mirrored mine until a few months ago. I was able to get her cleaned up a bit early but she was in the 300's in 2016.
DP's:
Pulled TU 04 - 773
Total CL = $98,000
<1% UTI
8 INQ's, 4 in the last year.
Used combined Income, no verification, $157K
DTI < 10%
Highest previous CL $24K at NFCU
Side note, she just closed a home loan at NFCU that was painless. 20% down conventional, $157k @ 2% with a MMS of 776 (Her 08's and 09's are over 800 now) This loan is in her name only but I am on the deed. We acquired the TH for $40k under market as we had a few years old agreement at that price and had performed all upgrades ourselves.
Bottom line, the long road of coming back from an economic disaster takes extreme patience but it sure is worth the diligence in the end. In a few short months, my scores may top hers as I don't have any "new" accounts so there may be a slightly larger spree in the works.
Congratulations on DW approval! That's a monster SL.
Congratulations on The PSECU approval! ...and New Home
Grats to your DWs success
A BIG Congratulations is in order to you both for your progress!
Congratulations on the home (both of you) and congrats to your DW on a successful spree!
Thank you all. I hope to be of inspiration.
7 years ago today, I am sure the DW and I were both sleepless and scared to death. A fraud of a commercial landlord, a world class shyster of the most evil variety nearly tore us apart and did wipe us out economically. We were this close to being under a bridge with 3 kids (grown now) and it was either try to feed them or pay CC's. Luckily I had a sibling that rented us this TH we just purchased for "whatever" we could pay to keep us from being homeless. Now it is ours after years of upgrading and watching the 7 year clock get closer.
Thanks again for the congrats and well wishes! Those currently in deep $hit, have faith in yourselves, avoid debt and have patience, it will get better.