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NFCU NEW CASH ADVANCE LIMIT

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Rebuilding69
Established Contributor

Re: NFCU slashed credit line in half

Yeah my Visa Sig Cash advance was cut to 50% not that it affects me.




Message 21 of 27
Anonymous
Not applicable

Re: NFCU slashed credit line in half

I think their app is acting goofy.  I submitted a CLI early yesterday and went to check the results and saw $12,500 as available when my limit was $20,000.  If you click on the part with the arrow you'll see the whole available balance...

 

Oz

Message 22 of 27
Anonymous
Not applicable

Re: NFCU NEW CASH ADVANCE LIMIT

I called them and they're aware of the issue. I was told it would be fix with the next app update on 11/18/15. I'm having the same issue.
Message 23 of 27
pizza1
Community Leader
Super Contributor

Re: NFCU slashed credit line in half

This is now Navy's policy. I confirmed it with rep. Everyones' CC cash advance will now be 50% of the CL. Mine just changed online this morning.
Message 24 of 27
WEShinego
Established Member

Re: NFCU slashed credit line in half

Happy these forums exist--for a minute there I thought I was being AA'd.  With that out of the way, this is probably a smart move by NFCU, a bank that is typically liberal with credit limits.  There are very few reasons why any mainstream customer needs a 25k cash advance limit.  This move protects the customer and the credit union.

Message 25 of 27
Anonymous
Not applicable

Re: NFCU NEW CASH ADVANCE LIMIT

Thanks for sharing!
Message 26 of 27
Anonymous
Not applicable

Re: NFCU NEW CASH ADVANCE LIMIT

it was official yesterday. talked to a rep about it.
Message 27 of 27
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