Do I use NFCU CLOC or Apply for Personal Loan

mato01 · ‎04-12-2015

I need about $5,000 for a sudden expense. Should I use my NFCU CLOC ($15,000), or try to get a personal loan from NFCU. What is my best option. My NFCU CLOC is 14.25%

In the Garden until 6/1/2016
Mar 2014: All Scores in the 520 range.
FEB 2016: myFICO: EQ 660, TU 682 EX 681

Anonymous · ‎04-12-2015

@mato01 wrote:
I need about $5,000 for a sudden expense. Should I use my NFCU CLOC ($15,000), or try to get a personal loan from NFCU. What is my best option. My NFCU CLOC is 14.25%

The personal loan will have a lower APR so I would go that route

mato01 · ‎05-02-2015

I applied for a personal loan from NFCU for $5,000. Loan approved with a SP.

In the Garden until 6/1/2016
Mar 2014: All Scores in the 520 range.
FEB 2016: myFICO: EQ 660, TU 682 EX 681

Anonymous · ‎05-02-2015

@mato01 wrote:
I applied for a personal loan from NFCU for $5,000. Loan approved with a SP.

SP? That's amazing. Congrats.