Credit Cards Center Credit cards from our partners
Reply
Regular Contributor
Posts: 222
Registered: ‎01-27-2008
0

PENFED loan reconsiderations?

[ Edited ]
Does anyone know if PENFED seriously looks into reconsideration of loan denials?
 
My situations is such:
 
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. 
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. 


Message Edited by EDub357 on 05-08-2008 12:31 AM
Highlighted
Established Contributor
Posts: 570
Registered: ‎03-29-2008
0

Re: PENFED loan reconsiderations?

What were the reasons for the denial ?? Was it with the 700+ score ???
Jax

*************************************************************************************
Then you are a fool. Be thankful that when God gave you a face, he gave you a fool's face
Regular Contributor
Posts: 222
Registered: ‎01-27-2008
0

Re: PENFED loan reconsiderations?

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.
Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
† Credit cards for FICO Score ranges: The score ranges are guidelines based on actual applicant approvals and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.