@Anonymous wrote:
@smallfry wrote:
@Anonymous wrote:
Navy Federal generally softs once every 2-3 months for members, but only for those with lending products...usually 2 months, though they wait 3 months every once in awhile. The additional soft may be from a pre-qualification or pre-approval campaign. You'd think that rather than repulling your score in May, they'd use the score they pulled in April, but for some reason they're kept in different places so there's a certain amount of redundancy.
Jay I've been a member since May 2007. NFCU along with Penfed has religiously softed EQ only every quarter never more than that. Since I became a member I have had a car loan actually two and credit cards. Thought the extra pull was out of the ordinary. Since I voluntarily decreased my nRewards cards from 40-25K I have no idea what they want to offer me.
Hmm, maybe the frequency varies based on several different factors (like the type of product you have with them), or maybe they've changed the frequency with which they do regular pulls as a result of the economy? I'm just speaking from my personal experience though (I'm a member since late '08), which is most likely different from yours. As far as the offers go...the prequal/preapp process is automated, and I doubt the methodology is smart enough to see that you had a voluntary CLD and not prequal/preapp you as a result of it. Only solution for that would be to opt out.
Jay I have 1 credit card and a new car loan 60 month from 9/2008. Matter of fact since a member my profile has always been that a card and a car loan. I triple pay the car. I am not a risk yet they are increasing soft pulls. Like hobo said it's a small matter.
