Lannie, thanks for the additional information. I have to admit that makes your situation more perplexing, as (to cite my own case), I was able to get a used-car loan (not, of course, 100% equivalent to an unsecured credit card) in February with a 690/691 NextGen score, a Chapter 7 BK from 2014, a civil judgment paid in 2011, and lates on my student loan from 2013/14 and (at the time) a secured CC with over 50% utilization, so my situation was actually objectively worse than yours.
There are a couple of other possible factors I didn't think to ask earlier that might have a bearing on your case. For instance, can you tell us what the total amount of your current revolving credit lines is? If my memory serves me correctly, I've read that if you have too high an amount of revolving credit lines (not necessarily debt owed) related to your income, that can hurt your chances of getting new credit with some lenders. Also, have you applied for a large number of new credit cards and/or loans very recently (as in, within the past 3 months or so)? Penfed is known, or maybe I should say (given some recent reports) has been previously known, to be noticeably sensitive to large numbers of new accounts; their in-house term for that is "pyramiding debt".
Please don't feel that we're trying to pry; it often takes a lot of digging to locate the probable cause for why a lender inflicts adverse action on a customer, and it also often happens that the cause that turns out to be the most probable is something the customer didn't have a notion of!
P.S. I agree with others that this is, to say the least, highly uncharacteristic behavior for Penfed. It particularly bothers me that it's been this long and you haven't gotten a denial letter - which is mandatory, as in required by Federal law, when you're denied credit for any reason.
