Chance of penfed approval second time around.

[Anonymous]

I want the Penfed cash rewards card and was denied 5/23.

At that time my EQ Fico score was 655 and  the following was on my record.


BENEFICIAL NATIONAL BANK - 90, 120, 120 (SETTLEMENT)
HOUSEHOLD CREDIT SERVICES - 30,60 (closed)
CAPITAL ONE - 30 (2005), 30 (2006)
Util = 40%

Currently I'm at the following.

EQ = 691
HOUSEHOLD CREDIT SERVICES - 60 (closed) - Will fall off Dec.
CAPITAL ONE - 30 (2005), 30 (2006)
Util: 33%


Length of Credit History: 9 Years, 2 Months
Average Account Age: 4 Years, 8 Months

I guess my question is two fold.

1.) What are peoples feeling with regard to my chance of approval.
2.) The last 120 just fell off this morning. I haven't gotten a score change yet but I was sort of hoping I would. Can anyone with a similar profile to mine and let me know what my score could be?

[manyquestions]

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@Anonymous wrote:
I want the Penfed cash rewards card and was denied 5/23.

Currently I'm at the following.

EQ = 691
HOUSEHOLD CREDIT SERVICES - 60 (closed) - Will fall off Dec.
CAPITAL ONE - 30 (2005), 30 (2006)
Util: 33%


Length of Credit History: 9 Years, 2 Months
Average Account Age: 4 Years, 8 Months

I guess my question is two fold.

1.) What are peoples feeling with regard to my chance of approval.
2.) The last 120 just fell off this morning. I haven't gotten a score change yet but I was sort of hoping I would. Can anyone with a similar profile to mine and let me know what my score could be?

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I'd say your chances are close to zero.  Sorry.

[DI]

You should get your scores in the mid 700's before apping with PenFed.  Also, it will help to get your utilization down...possibly to zero to offset the Cap 1's negatives.  Wait until January to app again so the Household tradeline can fall off.