http://ficoforums.myfico.com/t5/Auto-Loans/PENFED-loan-reconsiderations/m-p/232635#M431 <div></div><div>Does anyone know if PENFED seriously looks into reconsideration of loan denials?</div><div> </div><div>My situations is such:</div><div> </div><div>On 4/16/08, my EQ score was 716. About a week later, a previously deleted item was placed back on my credit and caused a 99 point drop in my score.  And since then, several  unauthorized inquiries have been placed against my credit. I contacted the CRA and placed a fraud alert to prevent anyone from hurting me any worse than they already have.  All the items are presently under dispute. </div><div>I called PENFED and the CSR told me that I could fax a letter in stating what has happened.  I was wondering if I should possibly send in a copy of the report dated 4/16/08 to substantiate my claims. Has anyone heard of PENFED reversing a  previous denial.  The same thing happened when I applied for a Chase cc.  They denied me but when I called for a reconsideration, it was approved. </div><br><br>Message Edited by EDub357 on <span class="date_text">05-08-2008</span> <span class="time_text">12:31 AM</span> Thu, 08 May 2008 05:31:23 GMT EDub357 2008-05-08T05:31:23Z http://ficoforums.myfico.com/t5/Auto-Loans/PENFED-loan-reconsiderations/m-p/232635#M431 <div></div><div>Does anyone know if PENFED seriously looks into reconsideration of loan denials?</div><div> </div><div>My situations is such:</div><div> </div><div>On 4/16/08, my EQ score was 716. About a week later, a previously deleted item was placed back on my credit and caused a 99 point drop in my score.  And since then, several  unauthorized inquiries have been placed against my credit. I contacted the CRA and placed a fraud alert to prevent anyone from hurting me any worse than they already have.  All the items are presently under dispute. </div><div>I called PENFED and the CSR told me that I could fax a letter in stating what has happened.  I was wondering if I should possibly send in a copy of the report dated 4/16/08 to substantiate my claims. Has anyone heard of PENFED reversing a  previous denial.  The same thing happened when I applied for a Chase cc.  They denied me but when I called for a reconsideration, it was approved. </div><br><br>Message Edited by EDub357 on <span class="date_text">05-08-2008</span> <span class="time_text">12:31 AM</span> Thu, 08 May 2008 05:31:23 GMT http://ficoforums.myfico.com/t5/Auto-Loans/PENFED-loan-reconsiderations/m-p/232635#M431 EDub357 2008-05-08T05:31:23Z http://ficoforums.myfico.com/t5/Auto-Loans/PENFED-loan-reconsiderations/m-p/236492#M489 <div>What were the reasons for the denial ?? Was it with the 700+ score ???</div> Tue, 13 May 2008 00:18:24 GMT http://ficoforums.myfico.com/t5/Auto-Loans/PENFED-loan-reconsiderations/m-p/236492#M489 jaxstraw 2008-05-13T00:18:24Z http://ficoforums.myfico.com/t5/Auto-Loans/PENFED-loan-reconsiderations/m-p/248031#M809 <div>Is length of time accounts have been established really a verifiable reason?  My present score is 714.  The credit profile is not very strong but it shows some established credit.</div> Tue, 27 May 2008 00:26:44 GMT http://ficoforums.myfico.com/t5/Auto-Loans/PENFED-loan-reconsiderations/m-p/248031#M809 EDub357 2008-05-27T00:26:44Z