Christie Matherne, Credit Card Writer
@christie_matherne
Navy Federal will likely use TransUnion to assess your creditworthiness when you apply for a credit card, though it uses other bureaus on occasion. So, if any of your credit reports are frozen, you should unfreeze them before applying for a Navy Federal Credit Union credit card.
Key Things to Know
- When you apply for a card, Navy Federal Credit Union will perform a hard inquiry on your credit report, which might temporarily reduce your credit score by up to 5 points.
- If you’re approved for the card, Navy Federal Credit Union will report information about your card usage and payment history to the credit bureaus once a month.
- It doesn’t matter too much which credit report Navy Federal Credit Union pulls when you apply, because your major credit reports contain nearly identical information. If one includes negative information, the other two probably will as well.
- It’s a good idea to regularly check for any mistakes on your credit reports so you can dispute them right away, especially right before you apply for a card.
You can keep tabs on your TransUnion credit report, as well as check your credit score for free, right here on WalletHub.
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