@kobe2012 wrote: Wait.. is that NFCU's new policy?? When did that start?
we first started notifcing it in the main NFCU thread about 4-6 months ago...I apparently just squeaked in before they closed the gates
Does the 12 months also apply to auto loans?
I should clarify - we're not talking about a hard-and-fast rule here...I'd say about half of the datapoints of an initial decline <12 months ended in approval on recon. It just looks like they've taken the approval keys away from the computer on CC accounts right after BK, but are still willing to lend under the right circumstances.