cancel
Showing results for 
Search instead for 
Did you mean: 

NFCU CLOC approval..

tag
sladesurfer
Regular Contributor

NFCU CLOC approval..

Applied for CLOC requested $15000 and they countered $500 smh. Don't really need it but decided to take it for exposure. Did not get a HP on it, happy with that.

 

data points: 

693 EQ score w/ 14 Inquiries  during application 

PenFed Power Cash Rewards
Penfed Gold
NFCU Amex More Rewards
NFCU Cash Rewards
NFCU Flagship
Goldman Sachs Apple Card
Chase IHG Rewards Club Card
Chase Freedom Flex
Chase Freedom Unlimited
Amex Business Prime Card
Amex Marriott Brilliant Card
Amex Hilton Aspire Card
Amex Charles Schwab Platinum
Amex Gold Card
US Bank Cash+ card
Discover It Card
Capital One Quicksilver Card
Citi Double Cash
Citi Premier
Message 1 of 16
15 REPLIES 15
AllZero
Mega Contributor

Re: NFCU CLOC approval..

Congratulations on your approval! It may be a delayed EQ HP.
Message 2 of 16
sladesurfer
Regular Contributor

Re: NFCU CLOC approval..


@AllZero wrote:
Congratulations on your approval! It may be a delayed EQ HP.

Probably, if I get a HP I will report back. It's only been 2 days

PenFed Power Cash Rewards
Penfed Gold
NFCU Amex More Rewards
NFCU Cash Rewards
NFCU Flagship
Goldman Sachs Apple Card
Chase IHG Rewards Club Card
Chase Freedom Flex
Chase Freedom Unlimited
Amex Business Prime Card
Amex Marriott Brilliant Card
Amex Hilton Aspire Card
Amex Charles Schwab Platinum
Amex Gold Card
US Bank Cash+ card
Discover It Card
Capital One Quicksilver Card
Citi Double Cash
Citi Premier
Message 3 of 16
Meanmchine
Super Contributor

Re: NFCU CLOC approval..

Congrats on your new CLOC

>3/2016 EX 644 CK-TU 642 CK-EQ 660 WalMart- 671.
>5/2023 All 3 reports 840ish (F8) F9s = 850 but my app finger is still twitching
Message 4 of 16
mrcraft
Valued Contributor

Re: NFCU CLOC approval..

Congratulations on your approval!!



Message 5 of 16
M_Smart007
Legendary Contributor

Re: NFCU CLOC approval..

Congratulations on your Approval..

Message 6 of 16
recoveringfrombk7
Established Contributor

Re: NFCU CLOC approval..


@AllZero wrote:
Congratulations on your approval! It may be a delayed EQ HP.

If you've had a recent EQ hp for other services with them I've heard you can double dip.











Desired BK recovery line up complete 7/12/2021. Planning to garden until 8/2023 and potentially try for AMEX.
Message 7 of 16
Brian_Earl_Spilner
Credit Mentor

Re: NFCU CLOC approval..


@recoveringfrombk7 wrote:

@AllZero wrote:
Congratulations on your approval! It may be a delayed EQ HP.

If you've had a recent EQ hp for other services with them I've heard you can double dip.


That's what happened to me. Had an auto loan pre-approval earlier in the month so I didn't receive a HP for CLOC.

 

OP: everyone gets 500 now. Too many people were abusing it. It can still grow.

    
Message 8 of 16
Wavester64
Valued Contributor

Re: NFCU CLOC approval..


@Brian_Earl_Spilner wrote:

@recoveringfrombk7 wrote:

@AllZero wrote:
Congratulations on your approval! It may be a delayed EQ HP.

If you've had a recent EQ hp for other services with them I've heard you can double dip.


That's what happened to me. Had an auto loan pre-approval earlier in the month so I didn't receive a HP for CLOC.

 

OP: everyone gets 500 now. Too many people were abusing it. It can still grow.


I am not really up on CLOCs. I mean I know what they are...but

 

Let me ask this: Lets say I am 91/3 on a CC from NFCU. I app for a 2nd card and get approved. Since that resulted in an HP, I decide to go for a CLOC to back up my checking account. I assume they will use that HP for the CLOC? If I never use the CLOC, does it benefit me to have it FICO scoring wise? Am I charged any interest if I dont use it?






Potential Future Cards
Message 9 of 16
recoveringfrombk7
Established Contributor

Re: NFCU CLOC approval..


@Wavester64 wrote:

@Brian_Earl_Spilner wrote:

@recoveringfrombk7 wrote:

@AllZero wrote:
Congratulations on your approval! It may be a delayed EQ HP.

If you've had a recent EQ hp for other services with them I've heard you can double dip.


That's what happened to me. Had an auto loan pre-approval earlier in the month so I didn't receive a HP for CLOC.

 

OP: everyone gets 500 now. Too many people were abusing it. It can still grow.


I am not really up on CLOCs. I mean I know what they are...but

 

Let me ask this: Lets say I am 91/3 on a CC from NFCU. I app for a 2nd card and get approved. Since that resulted in an HP, I decide to go for a CLOC to back up my checking account. I assume they will use that HP for the CLOC? If I never use the CLOC, does it benefit me to have it FICO scoring wise? Am I charged any interest if I dont use it?


@Wavester64  they pull TU9 for cards.  It would have to be a loan app for the double dip because CLOC is a loan product and they pull EQ9 for that.  No, no charge for no use.  Immediate interest if you do use it.  It is mainly overdraft protection and a semi-ish low interest personal loan for severe emergencies.











Desired BK recovery line up complete 7/12/2021. Planning to garden until 8/2023 and potentially try for AMEX.
Message 10 of 16
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.