After much consideration, I'm just going to hold off. I had to ask myself, even if I'm approved, I gain nothing from doing this right now...at least not at this juncture. In fact, my score could drop. True, I would build trust or whatever by paying my statement on time but isnt that what I'm already doing with the other two cc and student loans I have now? It's not like they don't see it on my CR. Anyway, I'm going to wait until my scores are at least over 675. My EQ is already near 660. I'm also waiting to see if a couple 90 and 120 days late marks from 2010 and 2011 with my student loans will be removed from my CR. I wrote my lender a courtesy letter giving them the sob story. I got a good feeling that they will bulge. Let's see what happens...
@rootpooty wrote:navy federal doesnt do recons. if the computer does the 3-5 day message wait it auto. get sent for manual review. i dont know about the bk status though being its so recent. if it were me i would apply for the secured card, wait 6 mos then apply for an unsecured card. I did this when i had horrible credit and even though with some mishaps reporting they still gave me a decent limit. They might even give you an unsecured line now so ymmv. also in some instances when you join you may get a pre approved offer which is pretty much a guarantee with them.
Starting Score: 502
@rootpooty wrote:no trust me you would want to start building with nfcu now. you will thank me for it later. of course its your decision. i would at least wait until you get a response from the gw on the lates
@Thank you @rootypooty, I'm going to do just that. On both student loans, they are reported 90 days late twice in 2010 and 120 days in 2007 so altogether that's a total of 6 negative marks. I wonder how much my scores will jump if those marks are removed, considering that Nelnet will budge after receiving my GW letter. I heard NFCU pulls EQ CR. If my EQ hits 680 or better, I'm going to definitely apply for a NFCU cc with the quickness. Right now I'm at 660.
