Hello All,
Thank you for all the time & info you all share on this forum. I have learned a lot as a lurker & finally have a question that my search does not answer. I am a member of Navy Fed CU through my father & would like to sponsor my daughter for membership. Her credit is beyond terrible with multiply medical collections, a rental judgement & quite a few lates. I think she is past her irresponsible credit years & is ready to rebuild.
My question is since her credit is so bad at the moment; would NFCU reject her application for membership. She would not be apping for any credit products until she rectifies all he baddies on her CR. I would just like to get her foot in the door & hopefully by next year she can try to refinance a terrible car loan that she has with Santander.
Thank you in advance for any advise you can offer me. 
@Anonymous wrote:Hello All,
Thank you for all the time & info you all share on this forum. I have learned a lot as a lurker & finally have a question that my search does not answer. I am a member of Navy Fed CU through my father & would like to sponsor my daughter for membership. Her credit is beyond terrible with multiply medical collections, a rental judgement & quite a few lates. I think she is past her irresponsible credit years & is ready to rebuild.
My question is since her credit is so bad at the moment; would NFCU reject her application for membership. She would not be apping for any credit products until she rectifies all he baddies on her CR. I would just like to get her foot in the door & hopefully by next year she can try to refinance a terrible car loan that she has with Santander.
Thank you in advance for any advise you can offer me.
Good luck helping your daughter rebuild her credit profile!
ETA: Welcome to the forum! Sorry I forgot to say it before.
@Anonymous wrote:Hello All,
Thank you for all the time & info you all share on this forum. I have learned a lot as a lurker & finally have a question that my search does not answer. I am a member of Navy Fed CU through my father & would like to sponsor my daughter for membership. Her credit is beyond terrible with multiply medical collections, a rental judgement & quite a few lates. I think she is past her irresponsible credit years & is ready to rebuild.
My question is since her credit is so bad at the moment; would NFCU reject her application for membership. She would not be apping for any credit products until she rectifies all he baddies on her CR. I would just like to get her foot in the door & hopefully by next year she can try to refinance a terrible car loan that she has with Santander.
Thank you in advance for any advise you can offer me.
Welcome to myFICO!
I have relatives who have gained NFCU membership with credit scores far from ideal and membership wasn't a problem. As far as I know the HP for membership is as much for identity verification as for anything. For most people there will be a HP on TU and a SP on EQ for a new membership.
As others have mentioned, if your daughter has had issues with Chexsystems that might cause a problem... I'm honestly not certain.
Since she can apply for her membership online (using you as her sponsor) it might be worth giving it a try, since there's really no way to know for sure otherwise.
If she decides to move forward, let us know how it goes!