in today's video we're going to be talking about Navy Federal's internal score what is an internal score what does that mean and why is that important so an internal score is a scoring model that each individual Bank uses to actually rate you on how much they're willing to lend to you so the first point in Navy Federal's internal score is relationship banking so what is relationship thinking relationship banking is I have a personal checking account I have a personal savings account I have my direct deposits going directly into one of my accounts I have a credit card that's from that banking institution I have an auto loan I have a mortgage I have a pledge loan I have all the various products that the bank offer offers why is that important this is important because it makes you look more invested into the bank it allows you to stabilize that relationship and it allows you to not look as risky so this is really important when you want a bank to lend large amounts of money to you so very important with Navy Federal's internal score the internal score ranges from 100 to 450 right so the factors that actually contribute into your internal score is as I mentioned do you have a checking account and then the type of checking account so one gym in this would be to get the flagship checking account the flagship checking account is a high yielding checking account which means that you get a higher percentage of Interest or a dividend paid to you from having funds in that account one thing about that account is you have to at least have have fifteen hundred dollars in the account at all times so that's one way to raise your internal banking score with Navy Federal the second thing you would like to do to raise your internal uh banking score with Navy Federal is to definitely have a direct deposit that goes into the account on a regular basis whether that's once a week once every two weeks or once a month you want to have an actual direct deposit going into the account another thing that you want to do is you want to have a credit card with Navy Federal so for me I have the Navy Federal Flagship rewards card I mentioned in my Navy Federal Flagship rewards video all of the benefits that are in in having the rewards card so definitely you want to check out that video if you have not done so yet so these are all factors that are going to be great with raising your internal score one major thing that you want to be sure not to have at any point in time is insufficient funds so you never ever ever want to go negative in your checking account with Navy Federal one of the ways that you can do that is you can put payment protection onto your account that will allow you to never have insufficient funds so if you have not done so yet that is a gym go ahead and add the payment protection to your checking account number two is how do you find your internal score so there's two ways to find your internal score with Navy Federal the number one way you can do so is by calling into the customer service or writing going into the Navy Federal portal and writing into the customer service and asking them what is your internal banking score with Navy Federal the second way that you can find out what your internal banking score is is if you actually get denied like I did so you want to check out my Navy Federal Journey half a million dollars in credit that I received from Navy Federal if you have not done so go check out that video because I talk about how I got denied and how I actually got approved and and I actually got to a half a million dollars with Navy Federal so when you get denied they send you a letter that gives you your reasons why you were denied and your current credit score so on that form is where you can find your internal banking score and this child help you get your internal score up so number one you want to use the resources that you have to your disposal which is the pre-approval tool which is on navyfederal.org so if you're a little bit nervous about using a hard inquiry and you get denied for one of the products one of the ways that you can check to see what your approval odds are is by going on to navyfederal.org and using the pre-approval tool when you use a pre-approval tool you will be able to see the car words that you are eligible for the products that you're eligible for and with that you can then apply right then and there for the products that you are currently eligible for so some of those products may be a Navy Federal go rewards credit card or a Navy Federal platinum card or if you are someone that you know has challenged credit you can get a Navy Federal in Rewards Card which is a secured credit card that will help you to actually raise your internal score as well as your personal credit score another product that you can get from Navy Federal that will allow you to raise your internal score is an easy Start certificate or a standard certificate these are certificates that allow you to put minimum deposits into a certificate account which will gain interest and then it will eventually unsecure when your term is up another other product that you can get from Navy Federal that will help you to raise your internal score is a personal loan a personal loan Navy Federal actually gives large amounts in personal loans and so you want to look into those those also help to raise your personal score you can get home equity loans you can get auto loans you can get mortgages and again as I said you can always get checking and savings accounts with Navy Federal if you have not done so already you want to be sure to do the things that I named which is get a flagship checking account get a credit card uh if you can get the flagship Rewards Card do so how to direct deposit going directly into the account make sure that you have funds in the account that are above the fifteen hundred dollars if you have a flagship checking account you never want to have insufficient funds then you can actually do the plan loan technique strategy hack whatever you want to call it the pledge loan does a lot for you with Navy Federal that will allow you to raise your internal score to hit that coveted 450. so I hope that this actually helps you guys go ahead and head to navyfederal.org to see all of the products that are available to you to hit 450 and I'll see you in the next one [Music] foreign [Music]