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Frequent Contributor
jd5189
Posts: 470
Registered: ‎08-14-2012
0

Re: PSECU - Membership cancelled :(


Duncanrr wrote:

jd5189 wrote:

I think they just realized another loopwhole was exposed and they are trying to seal it before they get a flood like they had with PRPS a couple years ago.

 

Had the residency requirement truly been an actual issue - the application should have denied right away. At least that is how I am seeing this go down...


Agree.  And thats the part that makes me want to fight.  I could make a legal mess out of this whole thing if I wanted to.  But if I win, I have a relationship with an outstate credit union who will not really want me there.  I may just focus on NFCU and say be damned with PSECU.  (I was always that kid that if you said you couldnt do it then I wanted to do it more than ever....I'll have to make up my mind what I'll do.)


Me too. Couldn't you tell, LOL!

In my wallet: Amex PRG & Zync, Amex BCE (19.2k), Chase Freedom (5k), PSECU Visa/PSL (20k)
Current Scores: Equifax: 738 (Fako) TransUnion: 721 (Fico) Experian: 717 (Fico)
Disclaimer: I am by no means a financial advisor. My posts are based on opinion, experience, and/or knowledge.
Mega Contributor
LS2982
Posts: 15,434
Registered: ‎04-09-2011
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Re: PSECU - Membership cancelled :(

IMO, its worthless to fight it. Your going to have a relationship with a bank that pretty much knows you started a whole bunch of problems to get in. They want PA residents, and that's that unfortunately.



Silver Spade Garden Club Member - Last App 12/16/13 - Looking for a clean slate NO INQ's / Diamond Inspired!
Starting Score:
EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
Current Score: EX FICO (PSECU) 671 (myFICO) N/A / EQ FICO 679 / TU08 FICO 678 / TU VS 706 3/6/2014
Senior Contributor
Walt_K
Posts: 3,065
Registered: ‎11-02-2009
0

Re: PSECU - Membership cancelled :(


LS2982 wrote:
IMO, its worthless to fight it. Your going to have a relationship with a bank that pretty much knows you started a whole bunch of problems to get in. They want PA residents, and that's that unfortunately.

+1.


Starting Score: ~500 (12/01/2008)
Current Score: EQ 681 (04/05/13); TU 98 728 (01/06/12), TU 08? 760 (provided by Barclay 1/2/14), TU 04 728 (lender pull 01/12/12); EX 742 (lender pull 01/12/12)
Goal Score: 720


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Established Contributor
shakalaka
Posts: 567
Registered: ‎09-10-2012
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Re: PSECU - Membership cancelled :(


LS2982 wrote:
IMO, its worthless to fight it. Your going to have a relationship with a bank that pretty much knows you started a whole bunch of problems to get in. They want PA residents, and that's that unfortunately.

Sad, but true.

 


Amex Platinum (NPSL) | Amex BCE (33,400) | Chase Sapphire Preferred (24,800) | Discover IT (12,700) | Chase Freedom (6,300) | Walmart (4,500) | CapOne (4.000) | Alliant CU Visa | Gone for good: CapOne secured (thx for getting me started) | Amex Zync (thx for getting me into AX)

FICO: TU 758 (10/12) EQ 724 (10/22) EX 748 (12/5)

Valued Contributor
Duncanrr
Posts: 2,845
Registered: ‎06-08-2012
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Re: PSECU - Membership cancelled :(


LS2982 wrote:
IMO, its worthless to fight it. Your going to have a relationship with a bank that pretty much knows you started a whole bunch of problems to get in. They want PA residents, and that's that unfortunately.

I know.  Its the principle of the thing now.  :catmad:



Starting Score: EQ 551 TU 548 CK 607on 6/8/12, EX 542(AMEX pull 3/4/12)
Current Score: EQ 710 TU 727 EX 704 CK 719(FAKO-EX 697, EQ 697, TU 697)
Goal Score: 750

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Super Contributor
CS800
Posts: 6,551
Registered: ‎04-07-2008
0

Re: PSECU - Membership cancelled :(

I would agree with LS. It's unfortunate but true.




Established Contributor
calihlove75
Posts: 789
Registered: ‎05-16-2012
0

Re: PSECU - Membership cancelled :(

Sorry :smileysad:


100% Ficos: EX 762, TU 767, EQ 762 Inquiries last 1 year/6 months: EX-0/0, TU- 0/0, EQ-1/1~ last credit card app 6/24/13- New car loan 3/8/2014
Discover IT $8000~Kohls $1000~Amex BCE $2000~ Walmart Discover $7500~NFCU Signature CashRewards $16,100~ Chase Freedom MC $6000~ Chase Amazon Visa $1900~ Cap 1/HSBC MC $2500~ Amazon Store $7000~ Fingerhut $1050
Senior Contributor
Walt_K
Posts: 3,065
Registered: ‎11-02-2009
0

Re: PSECU - Membership cancelled :(


Duncanrr wrote:

LS2982 wrote:
IMO, its worthless to fight it. Your going to have a relationship with a bank that pretty much knows you started a whole bunch of problems to get in. They want PA residents, and that's that unfortunately.

I know.  Its the principle of the thing now.  :catmad:


 What principle?  This whole thing started out of a discussion as to whether someone had found a loophole to get in.  It's hard to say that it's clear cut that you should be able to get in this way when everyone was skeptical from the beginning.  Did anyone call PSECU and ask whether they'd be able to get in before spending the $75 for the application fee?  It would be one thing if a rep said yes, and you went and signed up for the organization that would give you eligibility and then were also out the $75 for the application.  But to know that membership has generally been closed to out of state residents and then to comb through their website to see if you can find a loophole, not ask them about it before submitting an app, and then get indignant about being denied, what principle is at play?  This seems like a big waste of time to me.


Starting Score: ~500 (12/01/2008)
Current Score: EQ 681 (04/05/13); TU 98 728 (01/06/12), TU 08? 760 (provided by Barclay 1/2/14), TU 04 728 (lender pull 01/12/12); EX 742 (lender pull 01/12/12)
Goal Score: 720


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Valued Contributor
Duncanrr
Posts: 2,845
Registered: ‎06-08-2012
0

Re: PSECU - Membership cancelled :(


Walt_K wrote:

Duncanrr wrote:

LS2982 wrote:
IMO, its worthless to fight it. Your going to have a relationship with a bank that pretty much knows you started a whole bunch of problems to get in. They want PA residents, and that's that unfortunately.

I know.  Its the principle of the thing now.  :catmad:


 What principle?  This whole thing started out of a discussion as to whether someone had found a loophole to get in.  It's hard to say that it's clear cut that you should be able to get in this way when everyone was skeptical from the beginning.  Did anyone call PSECU and ask whether they'd be able to get in before spending the $75 for the application fee?  It would be one thing if a rep said yes, and you went and signed up for the organization that would give you eligibility and then were also out the $75 for the application.  But to know that membership has generally been closed to out of state residents and then to comb through their website to see if you can find a loophole, not ask them about it before submitting an app, and then get indignant about being denied, what principle is at play?  This seems like a big waste of time to me.



Yes, on 9/26 around roughly 6:00 pm central time I called PSECU and spoke with Emilie, a lovely PSECU CSR.  I told her exactly what I was doing and why and she put me on hold and confirmed with manager that me being out of state wasnt an issue.  I did this prior to spending the $75 on 6/27 around roughly 10:00 am central time.



Starting Score: EQ 551 TU 548 CK 607on 6/8/12, EX 542(AMEX pull 3/4/12)
Current Score: EQ 710 TU 727 EX 704 CK 719(FAKO-EX 697, EQ 697, TU 697)
Goal Score: 750

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Frequent Contributor
jd5189
Posts: 470
Registered: ‎08-14-2012
0

Re: PSECU - Membership cancelled :(


Walt_K wrote:

Duncanrr wrote:

LS2982 wrote:
IMO, its worthless to fight it. Your going to have a relationship with a bank that pretty much knows you started a whole bunch of problems to get in. They want PA residents, and that's that unfortunately.

I know.  Its the principle of the thing now.  :catmad:


 What principle?  This whole thing started out of a discussion as to whether someone had found a loophole to get in.  It's hard to say that it's clear cut that you should be able to get in this way when everyone was skeptical from the beginning.  Did anyone call PSECU and ask whether they'd be able to get in before spending the $75 for the application fee?  It would be one thing if a rep said yes, and you went and signed up for the organization that would give you eligibility and then were also out the $75 for the application.  But to know that membership has generally been closed to out of state residents and then to comb through their website to see if you can find a loophole, not ask them about it before submitting an app, and then get indignant about being denied, what principle is at play?  This seems like a big waste of time to me.


Posters had contacted PSECU CSR's and all the CSR's said if you are a member, you qualify for membership.

Now that they are in the "next level up" of CSR's after submitting the application, they are denying the app. The issue stands, that no where to be found on PSECU's website does it state you need to be a PA resident other than when joining through PRPS. There is not enough transparency on PSECU's between who is eligible and who is not.

In my wallet: Amex PRG & Zync, Amex BCE (19.2k), Chase Freedom (5k), PSECU Visa/PSL (20k)
Current Scores: Equifax: 738 (Fako) TransUnion: 721 (Fico) Experian: 717 (Fico)
Disclaimer: I am by no means a financial advisor. My posts are based on opinion, experience, and/or knowledge.

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