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Helping a sibling establish credit with nfcu

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Gmood1
Super Contributor

Re: Helping a sibling establish credit with nfcu

Yes you are correct. Something has changed with CBs I suppose? The last time I did this for someone with no history. It was six months. This time two months! For them to update so quickly is a big surprise for me.
My nephew is super blown away!! lol
It was in December, when he was told that he had no credit by a dealership.
He sure has some now.. at least on paper. 😂
Message 31 of 64
kugel
Valued Contributor

Re: Helping a sibling establish credit with nfcu

Lol super cool
He should go for a navy cc and a discover card
Message 32 of 64
Gmood1
Super Contributor

Re: Helping a sibling establish credit with nfcu

He's going to app for a Navy CC probably tomorrow. 😂
I told him to grab one and use and pay it monthly over the next 6 months. Then we'll negotiate his vehicle price and grab a pre-approval for the auto loan when that time comes.
Message 33 of 64
kugel
Valued Contributor

Re: Helping a sibling establish credit with nfcu

Ok keep me posted what approval he gets
Message 34 of 64
kugel
Valued Contributor

Re: Helping a sibling establish credit with nfcu

Ok my brother decided to try is luck for the membership and it went smoothly he has a savings and a checking now open ,

Now wen he goes to is offeres online in is login they Offer him to apply for the cash rewards does This mean he’s pre approved ?
If not I told him to wait till is score generates after the 2 accounts I added him will reflect
Message 35 of 64
Gmood1
Super Contributor

Re: Helping a sibling establish credit with nfcu


@kugel wrote:
Ok my brother decided to try is luck for the membership and it went smoothly he has a savings and a checking now open ,

Now when he goes to is offers online in is login they Offer him to apply for the cash rewards does This mean he’s pre approved ?
If not I told him to wait till is score generates after the 2 accounts I added him will reflect

I'd wait for his new scores to generate. How long ago did you add him?

Message 36 of 64
kugel
Valued Contributor

Re: Helping a sibling establish credit with nfcu

I did 2 cards both over 3 years age
Cap1 10k card
Navy cash rewards 25k
He was added Last week both
Plus he applied for capital one card He got a email Right after that they’re still reviewing it
He called today For a status and they couldn’t find the application which is weird
Message 37 of 64
Gmood1
Super Contributor

Re: Helping a sibling establish credit with nfcu

Probably because he doesn't have a credit file for them to pull yet.

Message 38 of 64
Gmood1
Super Contributor

Re: Helping a sibling establish credit with nfcu

Update, had nephew apply for a Discover card. Navy will be the second.

IMG_0422_01.jpg

Message 39 of 64
Remedios
Credit Mentor

Re: Helping a sibling establish credit with nfcu

@Gmood1  Remember, 3 cards and done Smiley LOL

Message 40 of 64
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