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Navy Federal Credit Union

kkboom
Frequent Contributor

Navy Federal Credit Union

Hi,

I’m a NFCU member and have a great relationship with them. A family member asked me to refer them, but I’m not sure if they are financially responsible so I’m hesitant. I’ve worked hard to rebuild and don’t want to mess up a good thing. What’s the best way to handle without offending my family member? Will their account status impact my relationship with NFCU?

Gardening until 10/2021
Message 1 of 12
11 REPLIES 11
AllZero
Mega Contributor

Re: Navy Federal Credit Union

If family member is outside the eligibility, there is your out.

 

  • Parents
  • Grandparents
  • Spouses
  • Siblings
  • Children (including adopted and stepchildren)
  • Grandchildren

 

Message 2 of 12
kkboom
Frequent Contributor

Re: Navy Federal Credit Union

Nope. I’m the link only left now.

Gardening until 10/2021
Message 3 of 12
AllZero
Mega Contributor

Re: Navy Federal Credit Union

There's your solution.

 

To answer your question, I don't think their account status will impact your relationship with Navy.

 

Maybe your family member can use your experience to help rebuild/build their profile?

Message 4 of 12
kkboom
Frequent Contributor

Re: Navy Federal Credit Union

That is what I was hoping to hear! I’m all in because I’ve definitely been helped along the way and am still being helped.

Gardening until 10/2021
Message 5 of 12
AllZero
Mega Contributor

Re: Navy Federal Credit Union

Only way it could impact you is if it were a joint account. Which, I'm sure you will not do. Smiley Wink

Message 6 of 12
gingerflower
Valued Contributor

Re: Navy Federal Credit Union

I agree with Allzero your profile and credit won't be impacted as long as you are not joint on the application. I wouldn't recommend being a Joint applicant...
Message 7 of 12
OmarGB9
Community Leader
Super Contributor

Re: Navy Federal Credit Union


@gingerflower wrote:
I agree with Allzero your profile and credit won't be impacted as long as you are not joint on the application. I wouldn't recommend being a Joint applicant...

Even if OP did open a joint account with said family member, that still wouldn't make the family member a member of NFCU. It's in their policy. Anyway I don't think OP was referencing a joint account, just a "way in" for said family member.

 

But yes OP,  rest assured, you can't sponsor them even if you wanted to unless they're directly related as mentioned above. Smiley Wink


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Message 8 of 12
CreditNKnowvation
Valued Member

Re: Navy Federal Credit Union

I don't think your relationship will be impacted not unless you add them to your account.  In this way there will be impact on you.  But to be sure I would call and ask customer service then make your decision.

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The views expressed are those of the writer as with all thread responses YMMV and please excuse any Typos or Errors this message most likely was created on a mobile device.
Message 9 of 12
gingerflower
Valued Contributor

Re: Navy Federal Credit Union

@kkboom I have referred  pretty much of my family members and today they are all thankful! bcuz now there credit is well established! 

Message 10 of 12
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