I see alot of people have asked for increases on there Patelco credit cards. I was approved for a $3000 limit and should be receiving the card anyday, should I ask for an increase before I get it or wait awhile after?? Wanted to know what people that have received increases did..Thanks
I am very happy with Patelco. I have a fantastic interest rate on a cheap car for a short term. I also discovered another great financial institution for those of you that want to refinance your home. I received a rate from Mortgage Capital Associates on a 15 year loan of 4.75% + 0 points. I refinanced from 30 years to the 15 year term. I could have taken the 4.25% offer but the years needed to recoup the cost exceeded what I was comfortable with. Between Patelco and Mortgage Capital (www.mtgcapital.com), I'll save even more money and should be mortgage free sooner than June of 2009. Thank God for the Internet and the good people who contribute to CreditNet. CardKid
WHY do so many people hate NJers..............sadly, mtgcapital doesn't do business in Jersey.......like so many others....anyone know why? Do we suck that bad....leave smart@$$ comments out LOL
Is it too early or does anyone know how Patelo reports to CRAs? High balance is limit (eg., Capitol One) or post CL as high limit, etc? Also does it report to all three agencies? I got my card yesterday. Woo Hoo!!!! $2500 CL.
Is it too early or does anyone know how Patelo reports to CRAs? High balance is limit (eg., Capitol One) or post CL as high limit, etc? Also does it report to all three agencies? I got my card yesterday. Woo Hoo!!!! $2500 CL.
Re: Re: Patelco Rules!!!! Approved!! When did they start reporting? They haven't showed up on any of my reports as of yet......I haven't used the card yet either, might that be why?
Re: Re: Patelco Rules!!!! Approved!! They started reporting about 1 1/2 months after I recieved them... they backdated the info on the reports for the 2 months though...
Re: Re: Patelco Rules!!!! Approved!! I checked PG and Patelo is only reporting to Experian. I hope they report to the other two... It's nice to see the high limit unlike Cap1.
Re: Re: Patelco Rules!!!! Approved!! Yep they only show up on my Experian as well...I live in Illinois.
Re: Re: Patelco Rules!!!! Approved!! I called yesterday & was told I could apply by phone so I did & told them I want the gold & 7000 so bt 4500. Then they put me on hold & the hold time I,m nerves. Came back approved,they want my pay stub. They pulled Ex I,m in Il Faco 663 Bk filed 99 Got behind on mortgage last year 3 times 30, 2 times 60, 1 times 90. Salary 87k
Re: Re: Patelco Rules!!!! Approved!! I just read the entire thread ...... good stuff . I applied for the savings membership and was qualified for checking , etc. I may open the checking account at a later date , for sure if I do any loan activity with them . I applied to a local Credit Union in 2003 and was shot down for anything other than a savings account . Since then this board has helped me whip my scores up and Im sitting mid 600's now (except equifax and it's gonna be fixed after I send them a letter ... or they get a suit ) . Im wondering how many of you guys applied for a Credit account with these guys the same day as opening the savings account ? Im also wondering if they do a hard pull for each time you request credit . withing days of opening the account , etc. ? I might even look into a Mortgage loan through them if things look real good . If I got a Mortgage through them , I might even be swayed into switching my direct deposit from walkoverya (Wakovia) to them . Hopefully this starts something good for me for a change ..... not holding my breath yet .
Re: Re: Patelco Rules!!!! Approved!! I first applied for refinancing on my car then about a week later I decided to try for a visa and they did not recheck my credit.
Re: Re: Patelco Rules!!!! Approved! OK, I decided to jump on the Patelco bandwagon here. The last time I checked, which was a few months ago, I had an 683 Experian, I was hesitant to apply right now, as I know my utilization is over 80%, and that is keeping me below 700. The good news is that living on the east coast EXP is seldom pulled, so I was willing to spend a EXP hard pull to see what I would get. So I filled out the online application, and within minutes received an e-mail telling me I had been approved for a $2500 Master Card. (I chose the 1% cash back card, Has a 10% APR and no annual fee.) Feel's good to start getting some no annual fee cards finally! Now I will be anxious to see how well they report. There seems to be some differing opinions on that.
Re: Re: Re: Patelco Rules!!!! Approved! What differing opinion? They report to all 3 about a month after you recieve your card. I was the one that started the "bandwagon" with my approval of a 3000 cc, a 23k refinance auto loan, a 20k refinance autoloan and a 5k sig loan. all of these report to all 3 bureaus... discrepancy resolved...
Re: Re: Patelco Rules!!!! Approved! Guess it's bad for me then , I applied over 2 days ago and have not heard anything . I can't find a way to check online either .
Re: Re: Patelco Rules!!!! Approved! I have had the card for over a month, car loans also, so far the only reporting is with experian, it took about 20 days for experian to show after my first bill was paid. nothing at all is showing on the other 2. Experian is showing correctly limits, credit lines everything is right on the money
Re: Re: Re: Re: Patelco Rules!!!! A RE: >> What differing opinion? One person has reported that they reported to all three, one person is still waiting for them to report, and three reports they reported only to EXP. soup, who started this post about 2 months ago reports >>> When did they start reporting? They haven't showed up on any of my reports as of yet..... Mongrol >>> They started reporting about 1 1/2 months after I recieved them... they backdated the info on the reports for the 2 months though.. broncsboi >>> I checked PG and Patelo is only reporting to Experian. I hope they report to the other two... dacoldest >>> Yep they only show up on my Experian as well...I live in Illinois. trent1059 >> I have had the card for over a month, car loans also, so far the only reporting is with experian, It will be interesting to see how they report. Once all the folks who received cards with Patelco have them in use for a few months, and check their CR's we can see how they meet the test of reporting.
Re: Re: Re: Re: Patelco Rules!!!! A That would be cool for me if they just report ex. My utilization would go down when I bt.
Re: Re: Re: Re: Patelco Rules!!!! A Update I received my tu and equifax the other day and so far only my car loan shows up. I think they are just a little behind on report but they do report to all 3. On my experian both the visa and card loan is showing up. The visa does show limit and high balance.
