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Product approved and Limit: PenFed Platinum Rewards $5.5K, Car ReFi $16,675K (both apps went under review but not for more than 2 hours)
EQ Fico Score: 686
Penfed Nextgen Score: 690
AAOA: 5.2 years
Util: 12%
Derogs?: 6 late, No derogs or public records
Total EQ Inquiries: 19
Last 12 months: 8
Last 6 months: 5
New Accounts in last 12 months: 6
Last 6 months: 5
Time Since Negative: 2.3 yrs
Oldest Acct 16.1 yrs
@baller4life wrote:
Derogs?: If you have a BK please list type and discharge date!
Hey Baller4life, Great compilation!
Your inclusion of Bankruptcy type 7 or 13, and Discharge Date will add lots of value for those of us in those subsets who desire to positively benefit from Pen Fed membership.
Thanks again!
Ch 13 Paid in Full.: 03/29/16
Ch 13 Discharged: 05/03/16
* waiting on Trustee's Final Report in the "mail"
03/17/16 Fico 8 Scores: EQ 546, TU 501, EX 548
05/05/16 Fico 8 Scores: EQ 553, TU 523, EX 548
Product approved and Limit: Platinum Rewards Card $20K, Cash Rewards Card $5K, Thrifty Credit $500, New Car Loan $45K
EQ Fico Score: 687
Penfed Nextgen Score: 749
AAOA: 3 years
Derogs?: None
Util: 14%
Total EQ Inquiries: 10
Last 12 months: 10
Last 6 months: 8
New Accounts in last 12 months: 18
Last 6 months: 12
Product approved and Limit: Penfed Promise $10k EQ Fico Score: 718
Penfed Nextgen Score: 704
AAOA: 5 yrs
Derogs?: 2
Util: 4%
Total EQ Inquiries: 8
Last 12 months: 0
Last 6 months: 2
New Accounts in last 12 months: 2
Last 6 months: 2
Product approved and Limit: Platinum Rewards Visa Signature $10k
EQ Fico Score: 710
Penfed Nextgen Score: 700
AAOA: 5 yrs
Derogs?: 2
Util: 2%
Total EQ Inquiries: 9
Last 12 months: 2
Last 6 months: 2
New Accounts in last 12 months: 8
Last 6 months: 8
Product approved and Limit: PLOC $5k
EQ Fico Score: 710
Penfed Nextgen Score: 700
AAOA: 5 yrs
Derogs?: 2
Util: 2%
Total EQ Inquiries: 9
Last 12 months: 3
Last 6 months: 3
New Accounts in last 12 months: 9
Last 6 months: 9
@longclimbback wrote:
Any data or feedback on how they treat applicants that only have self- employed income?
I don't personally know because I was instantly approved. But, that would be great info for others to add. I will include poi in data. Thank you!
Product(s) approved and Limit: Platinum Signature Rewards Visa $43K, PLOC $15K, Auto Loan $64K
EQ 08 Fico: 811
Penfed Nextgen: 841
Instant or Review: Instant (In-Person at local PenFed branch @ Pentagon City)
AAOA: 12 years
Derogs?: None
Util: 2%
Total EQ Inquiries:
Last 12 months: 7
Last 6 months: 5
New Accounts in last 12 months: 8
Last 6 months: 5
EX08 801 | EQ08 812 | TU08 805 | Total Credit Line: $100K+ |
Product(s) approved and Limit: Promise Visa: $4k
EQ 08 Fico: No idea, but EX FICO as of April 6 was 738
Penfed Nextgen: 768
AAOA: 6 years
Derogs?: 1 unpaid collection under $100
Util: 30%
Total EQ Inquiries:
Last 12 months: 1
Last 6 months: 0
New Accounts in last 12 months: 2
Last 6 months: 0
I applied in July, 2015 (edited to add this)
Product(s) approved and Limit: PenFed Platinum Rewards-10k (now 17k); PenFed Promise-10k (now 14k); PLOC (acquired when I asked for cli's)
EQ 08 Fico: 768 at the time.
Penfed Nextgen: If I remember correctly something like 756.
Instant or Review?: Instant
AAOA: 7 years, I think; Now it is 3.
Derogs?: (If you have a BK please list type and discharge date!); One showing is a 30 day late that is over two years old. Chapter 13 already off my reports.
Util: 11%
Total EQ Inquiries: Then 4; Now 17 (8 from car shopping)
Last 12 months: 11
Last 6 months:3
New Accounts in last 12 months: 16
Last 6 months: 3
Promise approved 1/25/16 (Instant) 2.5K and Defender approved 1/27/16 (Review) 5K
Fico 8 EQ score - 693
Penfed ng score - 680
AAOA - 2.8 years
Chapter 7 d/c 7/14
Inquiries - EQ 11
New Accounts - 7 credit cards (last 12 mos.)
CLI attempted - 30 days after initial approvals (Denied - Egyptian)
CLI attempted - 5/3/16 (Denied) Too many new accounts (including Penfed's - but not an Egyptian anymore )