Are you in limbo with your Navy Federal credit card application showing ‘under review’?
It’s a common part of the credit application process, but it can certainly cause some anxiety when you’re waiting for a decision.
This status generally indicates that Navy Federal is doing a thorough check of your credit history and financial information before approving your application.
In this article, we will guide you through the process of fixing your Navy Federal credit card application under review.
How to Fix navy federal credit card application under review?
Down below, we have discussed the solution in step-by-step detail.
1. Wait for the Specified Time
When Navy Federal Credit Union informs you that your credit card application is under review, they often provide a timeframe for when you can expect a decision.
This is commonly a 24-48 hour window, but it can extend up to 3-10 business days depending on individual circumstances.
During this time, it’s important to be patient. The review is a necessary step to ensure the credit union makes a responsible lending decision.
If you apply online or during non-peak times, the review process may be quicker.
2. Check Your Application for Accuracy
Before submitting your application, double-checking for accuracy is crucial. Any mistake or omission can lead to delays or even a denial.
Ensure that your personal details, income, employment information, and financial data are all correct.
Lenders like NFCU are very thorough in their verification process, and even small discrepancies can flag your application for additional review.
Take the time to review everything you’ve entered on your application before hitting submit.
3. Provide Additional Documentation if Requested
In some cases, NFCU may require more information to process your application.
This could include recent pay stubs, tax returns, or government-issued identification.
If you’re asked for additional documentation, try to provide it as soon as possible.
Having your documents prepared and accessible can help speed up the review process.
Remember, these requests are standard procedure to confirm your identity and financial stability.
4. Review Your Credit History
Your credit history is a critical factor in the credit card application process.
Before applying, it’s wise to review your credit report for any potential issues that could hinder your approval.
Look for errors, fraudulent activity, or areas where your credit could be improved.
If you find mistakes, dispute them with the credit bureaus. If your credit history is the reason for the extended review, taking steps to improve it can increase your chances of future approvals.
Here are the steps to Review Your Credit History:
- Obtain your credit report from any trusted method or directly from the credit bureaus.
- Check for any inaccuracies in your personal information, such as name, address, and Social Security number.
- Review account details for correctness: account statuses, balances, and payment histories.
- Look for any signs of fraudulent activity or accounts you don’t recognize.
- Examine credit inquiries to ensure they were all authorized by you.
- Identify any public records like bankruptcies or judgments that may affect your credit.
- If you find errors, file disputes with the respective credit bureau (Equifax, Experian, or TransUnion).
- Work on improving your credit by paying down debts, making payments on time, and reducing credit utilization.
5. Be Patient and Cooperative
The review process can be frustrating, especially if you’re eager to receive your new credit card.
However, patience and cooperation go a long way. Understand that the review is a standard part of the application process and is there to ensure responsible lending practices.
By maintaining a positive attitude and being responsive to any requests from NFCU, you can help ensure a smooth process.
6. Contact Navy Federal Credit Union
If your application status remains unclear, reaching out to Navy Federal Credit Union can provide clarity.
You can contact their customer service at 1-888-842-6328, which is available 24/7 for member assistance.
A representative can give you a real-time update on your application and guide you through any additional steps required