Thanks all for the responses. I just applied and I am very nervous. I did read your responses before i applied but my 401K hardship rules require me to try to get a loan first. I really don't want to go through and gather the mountain of paperwork the 401K investment bankers require given that if I don't supply them with enough info, it most likely won't be approved. Plus i'm worried my check won't be here until the 15th which doesn't give me much time.
My CU only pulls STUPID Experian which was 639 in January. I don't know what the score is now but my CU said the cutoff was usually 640 and I was at 639 so I am panicking. They said it is going to an underwriter and I should hear back by this afternoon. I'm trying to stay positive but I have to admit that I'm worried. Because they pull my lowest score which is out of family from EQ and TU, I'm afraid it won't go through. I've been a member since 1998 but one of their CC got burned in BK 7 back in 2003. I reaffirmed and paid it off and it was closed. The last time I did an app with them was over 5 years ago. The LO put in the app for the credit card instead of the personal loan because the interest rate is 1 pt lower. If this doesn't go through, I'm never apping with them again. I hate my CU when it comes to loans...they are so fricken strict! Nothing like NFCU.
I have 4 years of perfect revolving history. Utilization is at 39% right now. I can't help that at this time. It could be worse. The LO was barking about a stupid collection from the cable company in 2009. The underwriter through the mortgage company didn't care about that and it didn't have to be paid. Ugh!
Does anyone know who Discover pulls?
Cards: Orchard Bank ($1100) | Cap1 Cash Rewards ($2500) | Chase Freedom ($1000) | Best Buy ($2500) | Discover It ($1000) | Barclay Rewards ($2500) | Current scores: EX FAKO: 684, CK TU: 649, FICO EQ: 680, FICO TU: 698, FICO EX: 658 Happy Homeowner Since 2/6/13!
Last App: 4/5/13 Gardening until July 2014