+3. No Hard Pull inquiry.
Thanks for a for sure answer ^^^^^^^^^
Wishing you all a Happy Thanksgiving
@Anonymous wrote:60 Month Term, for $3,100.00 paid down to 8.5% ($263.50 balance) how much should I pay towards it a month to show 'activity'?
@Anonymous, You can set up monthly payments for activity $2-3 dollars is sufficient.
I would log-in every month just to check my CC's and bank accounts,
would put $1 a month or sometimes $2. some months I paid nothing.
It is really up to you? ..just wanted to give you a few idea's
@M_Smart007 wrote:
@Anonymous wrote:60 Month Term, for $3,100.00 paid down to 8.5% ($263.50 balance) how much should I pay towards it a month to show 'activity'?
@Anonymous, You can set up monthly payments for activity $2-3 dollars is sufficient.
I would log-in every month just to check my CC's and bank accounts,
would put $1 a month or sometimes $2. some months I paid nothing.
It is really up to you? ..just wanted to give you a few idea's
This works. Auto pay a couple big ones a month and all is cool.
@M_Smart007 wrote:
@Wavester64 wrote:
@M_Smart007 wrote:
@Anonymous wrote:Hi all,
I just wanted to get some advice because I was stuck on if I should do/get the NFCU SSL. I have 0/NONE opened installment loans, but I do have 3-4 CLOSED. Ficos hover around 745. have more than 5 open cc's 1 azeo. Is this option something that would benefit my situation? advice
Just as a DP, I had many paid off installment car loans (and one Harley Davidson), some in excess of 100K
When I opened a NFCU SSL of $3010.00 and paid it under 8.9% (8.5% to be more precise)
I seen on average a 35 point FICO8 Increase across all three credit bureaus.
Assuming applying for a SSL thru NFCU is an HP?
@Wavester64, I honestly don't remember? .. I am thinking not, as I don't remember the inquiry on my report.
Maybe @SouthJamaica , @Anonymous or @AllZero could answer with certainty?
There's no HP. I don't think anyone HP's for an SSL.
Yes, I am sure there are many that will do a HP for a SSL. Surprisingly, the pull happy folks at NFCU decided that it wasn't needed for the SSL.
@Anonymous wrote:Hi all,
I just wanted to get some advice because I was stuck on if I should do/get the NFCU SSL. I have 0/NONE opened installment loans, but I do have 3-4 CLOSED. Ficos hover around 745. have more than 5 open cc's 1 azeo. Is this option something that would benefit my situation? advice
If you open an NFCU SSL, and then immediately pay it down to 9% of the loan amount, it will probably give a nice boost to your FICO 8's and 9's. It will probably have little, if any, effect on the mortgage scores.
@Anonymous wrote:60 Month Term, for $3,100.00 paid down to 8.5% ($263.50 balance) how much should I pay towards it a month to show 'activity'?
You don't have to show "activity" in my opinion, but it doesn't matter, just pay a little bit. And don't pay it too far down which might cause it to get closed out.
Me I would pay $3 or $4 each month.
@Wavester64 wrote:
@M_Smart007 wrote:
@Anonymous wrote:Hi all,
I just wanted to get some advice because I was stuck on if I should do/get the NFCU SSL. I have 0/NONE opened installment loans, but I do have 3-4 CLOSED. Ficos hover around 745. have more than 5 open cc's 1 azeo. Is this option something that would benefit my situation? advice
Just as a DP, I had many paid off installment car loans (and one Harley Davidson), some in excess of 100K
When I opened a NFCU SSL of $3010.00 and paid it under 8.9% (8.5% to be more precise)
I seen on average a 35 point FICO8 Increase across all three credit bureaus.
Assuming applying for a SSL thru NFCU is an HP?
No, no pull at all.