cancel
Showing results for 
Search instead for 
Did you mean: 

PenFed Credit Card

Valued Contributor

Re: PenFed Credit Card


sarahscott1561 wrote:

Well, that's doodie.

 

There ya have it, I guess. Smiley Happy

 

I'll post when I know for sure, but like I said, my friend just recently applied...got the same message I did and she got approved with a 10K CL with a lower score then me.

 

Not sure if it will fly with me, but there's always hoping... Smiley Happy 

 


Just try to think positive, but be prepared for the worst.

 

BTW, did you enter that you requested the 8,000CL, or did you go lower? I'm just curious.


Starting Score: 583
Current Score: 3-03-12-EQ-802 TU-806 EX-798 (EQ Beacon 9: 804 Lender Pull 3-08-12) All FICO's
Goal Score: 800+ across all three

Take the FICO Fitness Challenge


Message 11 of 33
Valued Member

Re: PenFed Credit Card

I just went for the 8K CL being that the system had put that in there initially. It did say I could request a lower amount, but I had read that they will sometimes counter-offer. Smiley Happy I keep checking that dang site to see if there's an update. Nothing yet, but I did see that it could take a week. If they want income verification, I'm ready to provide that, too.

I make about $65K/year - minimum, so we'll see...

 

 

Message 12 of 33
Valued Contributor

Re: PenFed Credit Card

You make good money, if they ask for income verification thats a good sign you've been approved.

 

I'm rooting for YOU!!!!


Starting Score: 583
Current Score: 3-03-12-EQ-802 TU-806 EX-798 (EQ Beacon 9: 804 Lender Pull 3-08-12) All FICO's
Goal Score: 800+ across all three

Take the FICO Fitness Challenge


Message 13 of 33
Valued Member

Re: PenFed Credit Card

Thank you!!! Smiley Happy I sincerely appreciate that!!!

Message 14 of 33
Valued Contributor

Re: PenFed Credit Card

You are very welcome Smiley Happy


Starting Score: 583
Current Score: 3-03-12-EQ-802 TU-806 EX-798 (EQ Beacon 9: 804 Lender Pull 3-08-12) All FICO's
Goal Score: 800+ across all three

Take the FICO Fitness Challenge


Message 15 of 33
Moderator Emerita

Re: PenFed Credit Card


aftermath wrote:

I hate to rain on your party but, everyone who applies for a Penfed CC get's to the screen where it shows what limit they would approve you for IF you are approved.

 

My application told me that I was eligible for up to $10,000 (self populated by Penfed's system).

 

I was denied.

 

I tried to recon... denied.

 

Reason?   A 5 year old CO.

 

The underwriter told me that ANY CO, paid or unpaid results in an immediate denial.


Ouch, I didn't realize this.

 

I will attempt to add it to my memory, but I'm not optimistic of its remaining there for any significant length of time. Smiley Tongue

* Credit is a wonderful servant, but a terrible master. * Who's the boss --you or your credit?
FICO's: EQ 781 - TU 793 - EX 779 (from PSECU) - Done credit hunting; having fun with credit gardening. - EQ 590 on 5/14/2007
Message 16 of 33
Super Contributor

Re: PenFed Credit Card


aftermath wrote:

I hate to rain on your party but, everyone who applies for a Penfed CC get's to the screen where it shows what limit they would approve you for IF you are approved.

 

My application told me that I was eligible for up to $10,000 (self populated by Penfed's system).

 

I was denied.

 

I tried to recon... denied.

 

Reason?   A 5 year old CO.

 

The underwriter told me that ANY CO, paid or unpaid results in an immediate denial.


I never experienced that with PenFed.  I was  approved for $1000 and it wasn't instantly. 

Message 17 of 33
Valued Member

Re: PenFed Credit Card

So there's still hope!!! Smiley Happy I'm still waiting. It's pending...
Message 18 of 33
Frequent Contributor

Re: PenFed Credit Card

*crosses fingers*

-----------------------
My favorite card right now: Fidelity Investment Rewards Visa Signature
Message 19 of 33
Established Contributor

Re: PenFed Credit Card


sarahscott1561 wrote:
So there's still hope!!! Smiley Happy I'm still waiting. It's pending...


It sure is taking a long time for your application to be approved.

 

You sure you submitted it?

American Express Blue Cash Everyday $6600
Barclays US Airways Premier World Mastercard $14500
Chase Sapphire Preferred $5000
Chase Freedom Visa $1000
Chase United Explorer $8500
Citi AAdvantage Platinum Select Visa Signature $7500
Citi ThankYou Premier World Mastercard $7500
Message 20 of 33