Re: NFCU LOC reporting

bbrannan · ‎08-17-2012

Does anyone have any idea how long it takes for NFCU NavCheck to start reporting on credit reports? I have only had it for a couple of weeks but I was just wondering if anyone knew a timeframe of when to expect it to begin. Thanks!

Cards: AMEX Zync NPSL, AMEX BCE, NFCU LOC $15K, NFCU Visa Signature cashRewards $14K, NFCU Flagship Visa Signature $14K, USAA Platinum M/C $3.5K, USAA AMEX $2K, Capital One Cash Rewards $3.5K, WalMart $10K, Lowes $10K, Home Depot $8250, Amazon $4K, Discover IT $1K

Starting Score: EX: 570 EQ: 520 TU 602
Current Score: AMEX EX:717 MyFico EQ 688 Walmart TU 749 MyFico TU 740
Goal Score: 750+ across the board

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swpopham · ‎08-17-2012

Its probably there already. It reports as over draft protection Amex hates seeing it. I know that much

"As long as the music is playing, you've got to get up and dance," he said. "We're still dancing."---Prince CEO Citi Bank

"Money isn't the most important thing in life, but it's reasonably close to oxygen on the "gotta have it" scale". ~Zig Ziglar

iMacDrew · ‎08-17-2012

how did you get a palladium??

Lender pulled 10-10-13
EQ Fico 715 | EX Fico 714 | TU Fico 703

iMacDrew · ‎08-17-2012

is navcheck a loan?

Lender pulled 10-10-13
EQ Fico 715 | EX Fico 714 | TU Fico 703

ficojoe · ‎08-17-2012

@swpopham wrote:
Its probably there already. It reports as over draft protection Amex hates seeing it. I know that much

Argh! I wish I had known that first. I thought it would be listed as a revolving account. I also just applied for and recieved one with a $7,500 limit. I want an AmEx, thi is going to hurt rather than help?

ficojoe · ‎08-17-2012

@iMacDrew wrote:
is navcheck a loan?

It is Overdraft Line of Credit.

searchingfor67 · ‎08-17-2012

Here is an old thread that discuses it:

http://ficoforums.myfico.com/t5/Credit-Cards/LOC/m-p/570185#M181147

improvingmycredit · ‎08-18-2012

@swpopham wrote:
Its probably there already. It reports as over draft protection Amex hates seeing it. I know that much

Just curious... how did you find out that Amex doesn't like seeing it. Did you recieve AA for having one? Thanks for the feedback.

Starting Score: 642
Current Score: EQ 773, EX 780, TU 777 (All FICO)
Goal Score: 800+
Cards: NFCU Flagship 50K, DC 30K, BCP 28.6K, Arrival+ 25K, Citi DP 22.8K, CSR 20.5K, TotalRewards 25K, QuickSilver 20K

bbrannan · ‎08-18-2012

I am curious as to why AMEX does not like it as well? The AMEX BCP is one of the cards that I would like to add to my wallet over the next year and am worried now that my LOC may hurt my chances...any input is appreciated!

Cards: AMEX Zync NPSL, AMEX BCE, NFCU LOC $15K, NFCU Visa Signature cashRewards $14K, NFCU Flagship Visa Signature $14K, USAA Platinum M/C $3.5K, USAA AMEX $2K, Capital One Cash Rewards $3.5K, WalMart $10K, Lowes $10K, Home Depot $8250, Amazon $4K, Discover IT $1K

Starting Score: EX: 570 EQ: 520 TU 602
Current Score: AMEX EX:717 MyFico EQ 688 Walmart TU 749 MyFico TU 740
Goal Score: 750+ across the board

Take the FICO Fitness Challenge

Whereis750 · ‎08-18-2012

NavChek will report as revolving meaning the limit will be calculated into your overall util. When I added my $10,000 NavChek it lowered my util from 50% to 12% which increased FICO scores by 20+ points. To get NavChek to report sooner, I used $300 of it and paid it off in one month. The account was reporting within 3 weeks of my opening the account.

Regarding AMEX not liking this LOC, I have AMEX BCE $3500 CL. No problems yet. Can you please provide factual evidence that supports your claim that AMEX "hates" this LOC? It will really help this discussion. Thanks!

NFCU LOC reporting

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NFCU LOC reporting