NFCU LOC (NavCheck)

[XxRaVeNxX]

Is it true that you have to be a member for 90 days before you can apply for NavCheck? Anyone gotten around this?

[webhopper]

I was approved for truck refinance; cash rewards card in march.
Approved for navcheck in Sept.
will apply for new vehicle loan with my dear husband in a few weeks. Looking to buy a new Volvo and take overseas delivery

[mfoxxx]

I was approved within a month of opening my accounts. 

[bbrannan]

I joined NFCU the first week of July and was approved for LOC about 30 days later. So I don't think you have to wait 90 days. The only 90 days wait that I know of is the $500 overdraft protection as well as the mobile deposit.

[jonmartin]

Navcheck LOC whats the point is it an overdraft protection sort of thing?

[webhopper]

You can get checks issued from it and use the checks for what you need. Basically it is a revolving LOC that can be used in place of a personal loan.

[CS800]

I applied for everything when I joined. Just to get it over and done with. Although they get HP happy for each app unless its the same type of product.

[XxRaVeNxX]

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@jonmartin wrote:

Navcheck LOC whats the point is it an overdraft protection sort of thing?

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It's great for utilization...it reports as a credit card on your credit report...

[rootpooty]

The only thing I didn't know until yesterday is that the LOC has no grace period

[Elcid89]

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@XxRaVeNxX wrote:

Is it true that you have to be a member for 90 days before you can apply for NavCheck? Anyone gotten around this?

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No. My NAVChek was approved 2 days after I joined. I applied for it on the same day that I joined. Ditto my credit card and auto refi.