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foeplay

Is this an NFCU CLI denial?

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Never seen this message before so wondering if anyone has received this and what the outcome was... thanks

 

Your credit limit increase request for $20,000.00 has been submitted for further review.
A decision will be made in approximately 3-5 business days. A letter will be mailed advising you of the credit decision. You can update your contact information in Update My Personal Profile.

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If you are approved for an increase it will show up fairly quickly. If not, you will get a denial letter.

 

One time I got the 3-5 day message the higher limit showed the next business day after my request.

Another time I got the 3-5 day message, I never saw an increase online and got the denial letter a few days later.

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If you are approved for an increase it will show up fairly quickly. If not, you will get a denial letter.

 

One time I got the 3-5 day message the higher limit showed the next business day after my request.

Another time I got the 3-5 day message, I never saw an increase online and got the denial letter a few days later.

 

Wife has had the same thing happen got the 3-5 day message. Next morning when she logged into her account the increase was there.

 

 

So it's not an out right denial...

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Never seen this message before so wondering if anyone has received this and what the outcome was... thanks

 

Your credit limit increase request for $20,000.00 has been submitted for further review.

A decision will be made in approximately 3-5 business days. A letter will be mailed advising you of the credit decision. You can update your contact information in Update My Personal Profile.

 

I got the same thing when I asked for the bump to $20k. Increase showed up in less than 24 hours.

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Never seen this message before so wondering if anyone has received this and what the outcome was... thanks

 

Your credit limit increase request for $20,000.00 has been submitted for further review.

A decision will be made in approximately 3-5 business days. A letter will be mailed advising you of the credit decision. You can update your contact information in Update My Personal Profile.

Depends, has the inq shown up yet?

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Foe,

 

A couple of weeks ago I requested 20k on my Platinum (it was at $11k) and it was an immediate approval. Then I requested 40k on my Nrewards (it was at $25k) and got the exact same message you posted. The next mornning I saw the inquiry on TU and around 9:00 am I got a call from NFCU requesting proof of income. I'm a consultant so I get paid once per month andI don't get regular pay stubs. I explained this to the lady who called. I told her I could send my 1099, bank stmt showing deposits for 7 months, and the vendor payable report from the firm I work for. She told me to send what proof I have and she would give it to the credit committee. I also told her my next payday would be 4 days from that day and asked if I should wait to submit documents until my January payment came in. She told me they keep the request open for 2 weeks and it would not hurt to wait the 4 days and include my January income.

 

A couple of days later their letter arrived requesting proof of income.

 

Fast forward 4 days, and I made a $7500 payment on my NFCU account and wrote a note to the credit committee explaining I did not intend to utilize the additional credit line; that I want to buy a house in the next 2-3 years and I wanted higher credit lines to make it easier to qualify for a mortgage in the future. I faxed everything over on Friday morning, and logged in on Saturday afternoon and saw my credit line was $35k.

 

In my experience this means they need addititional documentation; not a denial.

 

Good luck, let us know what happens.

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Foe, recent experience. DW asked for CLI 25k to 30k. Got 3 to 5 days message. Logged in next day, BAMM approved. I tried 24.5 to 30k. Got 3 to 5 day message. Received denial letter 10 days later "excessive obligations"". Just got new corvette in September.

 

Good luck.

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