Wait a min I want to understand the part where you spoke at 4:30. So… 1- U make a pledge loan for 10k you get the money back into the savings 2-you pay 90%? So you put 9k back into the pledge loan as paid? 3-then make the minimum payments of the 1k left till it’s done? Just want to make sure I understood that correctly. Thanks man amazing video. And I’m pretty sure if you do the same thing again like make another pledge loan with that money you get back you could do that a second time and then have (2) 1k loans just to pay off. That is an amazing strategy. Bc then it will show you have 2 loans for 10k 90% paid off if I am correct.
Great video, this has been around as a hack for a couple of years but still good info. Ive got a lot with NFCU but Amex is killing them on the business side
@AC_TheLegend BCP is my grocery goto BBP is my everyday until I hit this next bonus I'm probably gonna downgrade my Gold to a plum or green and take the pre approved offer for a business gold.......they're killing nfcu bruh
@@MillionaireDRMS credit gotta be Gucci. At least a 720. But the good part is once you're in.....no more hard pulls for other amex cards!!! And on the business side they offer lines of credit....no hard pull
Pay off pledge loans before applying for credit cards. It's building your internal banking score with NF. If you can get secured cc, do that also. ** This is only if you aren't in the 800 club. Credit profile & score 100% make a difference
Wait a min I want to understand the part where you spoke at 4:30.
So…
1- U make a pledge loan for 10k you get the money back into the savings
2-you pay 90%? So you put 9k back into the pledge loan as paid?
3-then make the minimum payments of the 1k left till it’s done?
Just want to make sure I understood that correctly. Thanks man amazing video.
And I’m pretty sure if you do the same thing again like make another pledge loan with that money you get back you could do that a second time and then have (2) 1k loans just to pay off. That is an amazing strategy. Bc then it will show you have 2 loans for 10k 90% paid off if I am correct.
BINGO! You got this!
No clue what this means but imma watch it
Haha! Appreciate you!
Great video, this has been around as a hack for a couple of years but still good info. Ive got a lot with NFCU but Amex is killing them on the business side
I like Amex as well! What’s your favorite product??
@AC_TheLegend BCP is my grocery goto BBP is my everyday until I hit this next bonus I'm probably gonna downgrade my Gold to a plum or green and take the pre approved offer for a business gold.......they're killing nfcu bruh
@@Freegameisthenameany pointers on how to get with Amex ?
I’ve had NFCU for years now and would like to join the Amex family
@@MillionaireDRMS credit gotta be Gucci. At least a 720. But the good part is once you're in.....no more hard pulls for other amex cards!!! And on the business side they offer lines of credit....no hard pull
You need to do some more research you missed a lot of info and stated a lot of wrong info about the pledge loan
Fill me in.. that would be helpful to the community. It’s been a while since I had to use this product.
Get your amount right the min is 250.00 not 500
Lol thanks for the value add
Will have two pledge loans be beneficial? I already have a 10k open and want to do another 10k
Absolutely! Having 2 high limit credit accounts is always a good thing.
Pay off pledge loans before applying for credit cards. It's building your internal banking score with NF. If you can get secured cc, do that also. ** This is only if you aren't in the 800 club.
Credit profile & score 100% make a difference
@SS-Militarymind I have a 33k cc with NF already just want another pledge loan to report
@@WeBeTripping nice keep using them to build out your profile.