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Finally in with Penfed (No longer an Egyptian)

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12njoy
Super Contributor

Finally in with Penfed (No longer an Egyptian)

My EQ report has improved a little (5 new accounts in last 6 months/7 Inq in last 6 months).  Approved for Penfed Promise @5k.  Small limit but I'll take it.  I transferred 5k into my Penfed share account prior to application which may have helped.  Didn't have to recon which I thought for sure I would have to do.  They asked if I wanted to open a checking account which I did and then they asked about overdraft protection.  No additional HP so I said sure.  Approved for $500 overdraft protection.  Not a lot but I'll take it too.

 

Product approved and Limit: Promisa Visa, 5k
EQ Fico Score: 705
Penfed Nextgen Score: They didn't tell me
AAOA: 1.10 years/months
Derogs?: 0
Total EQ Inquiries: 42
Last year: 32
Last 6 months: 7

(Formerly known as: Credit is my hobby (1.6M)/TCL objective)
___________ 12Njoy
FICO - EX 810; EQ 797; TU 804 I'm climbing back to 800+
Message 1 of 84
83 REPLIES 83
Anonymous
Not applicable

Re: Finally in with Penfed (not an Egyptian anymore)

Congrats, 12njoy!! Smiley Happy

Message 2 of 84
12njoy
Super Contributor

Re: Finally in with Penfed (not an Egyptian anymore)


@Anonymous wrote:

Congrats, 12njoy!! Smiley Happy


Thanks so much

(Formerly known as: Credit is my hobby (1.6M)/TCL objective)
___________ 12Njoy
FICO - EX 810; EQ 797; TU 804 I'm climbing back to 800+
Message 3 of 84
baller4life
Super Contributor

Re: Finally in with Penfed (not an Egyptian anymore)

Awesome 12! Congratulations!!! Smiley Happy
Message 4 of 84
12njoy
Super Contributor

Re: Finally in with Penfed (not an Egyptian anymore)


@baller4life wrote:
Awesome 12! Congratulations!!! Smiley Happy

Thanks Baller

(Formerly known as: Credit is my hobby (1.6M)/TCL objective)
___________ 12Njoy
FICO - EX 810; EQ 797; TU 804 I'm climbing back to 800+
Message 5 of 84
Creditaddict
Legendary Contributor

Re: Finally in with Penfed (not an Egyptian anymore)

My partner started at $5k to and with one use in like 4 months of under $100 he then was approved CLI to $20k.... so don't worry about the $5k limit, just try for a cli at 89 days or whatever before the hp expires.

Message 6 of 84
Anonymous
Not applicable

Re: Finally in with Penfed (not an Egyptian anymore)

congrats! Feels great to be in with them don't you think?

Message 7 of 84
12njoy
Super Contributor

Re: Finally in with Penfed (not an Egyptian anymore)


@Creditaddict wrote:

My partner started at $5k to and with one use in like 4 months of under $100 he then was approved CLI to $20k.... so don't worry about the $5k limit, just try for a cli at 89 days or whatever before the hp expires.


Thanks for the helpful tip CA as always!

(Formerly known as: Credit is my hobby (1.6M)/TCL objective)
___________ 12Njoy
FICO - EX 810; EQ 797; TU 804 I'm climbing back to 800+
Message 8 of 84
12njoy
Super Contributor

Re: Finally in with Penfed (not an Egyptian anymore)


@Anonymous wrote:

congrats! Feels great to be in with them don't you think?


Oh yes it does.  I've now gotten in with everyone (except Comenity) who initially refused to let me in. 

(Formerly known as: Credit is my hobby (1.6M)/TCL objective)
___________ 12Njoy
FICO - EX 810; EQ 797; TU 804 I'm climbing back to 800+
Message 9 of 84
Anonymous
Not applicable

Re: Finally in with Penfed (not an Egyptian anymore)

Well done!
Message 10 of 84
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