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Valued Contributor
tcbofade
Posts: 2,532
Registered: ‎09-26-2011
0

Re: When to request a cli from PenFed

Pen Fed answers the phone on a Sunday evening as well?

 

Gee, I sure wish that I was as important as you are...


Current Scores: EX 694 (FCR) TU08: 650 Wally. 12/10/14
Last app 05/29/2014.
Being held hostage in the garden until 06 January 2015!
Zero percent financing is where the devil lives...
Valued Contributor
chnceit
Posts: 1,524
Registered: ‎08-17-2008
0

Re: When to request a cli from PenFed

 

All the things you post about things most of the members on here never seen or heard of are very hard to be taken seriously. Just my .02

 

PenFed is known not to approve people with BK's and give CLI's less than a year. People with great credit with no BK dont even get approved with PenFed. 

 

All I gotta say is: http://ficoforums.myfico.com/t5/Credit-Cards/What-to-do-when-you-think-a-poster-is-full-of-it/td-p/1...

 

 


$100K in Credit
Last Credit Card App: 11/16/13
Valued Member
cmerriott
Posts: 29
Registered: ‎05-06-2011
0

Re: When to request a cli from PenFed


chnceit wrote:

 

All the things you post about things most of the members on here never seen or heard of are very hard to be taken seriously. Just my .02

 

PenFed is known not to approve people with BK's and give CLI's less than a year. People with great credit with no BK dont even get approved with PenFed. 

 

All I gotta say is: http://ficoforums.myfico.com/t5/Credit-Cards/What-to-do-when-you-think-a-poster-is-full-of-it/td-p/1...

 

 


Well that's not necessarily true about the Bk, I was approved last week for a CC, with my husband as joint. He has a BK that is showing on his credit and a few collections too.

Myfico EQ 1/12/13 759

Barclays $6,300, NAVY FCU $25,000, CITI dividend $4,500, AMEX HH $16,800, AMEX BCP $6,000, BofA 123 $9,900, CAP ONE VENTURE $7,500, CITI forward $3,000, DISCOVER IT $10,000, GECRB/LOW $10,000, GECRB/SAMSDC $10,000, SPIEGEL $1,150, WFNNB/BUCKLE $1,100
Frequent Contributor
astritaho1979
Posts: 451
Registered: ‎10-02-2011
0

Re: When to request a cli from PenFed

Plus uno=+1:smileyhappy:


COMMERCE BANK PLATINIUM VISA 20K*PAYPAL MC $9.5K*CITI FORWARD $8.5K*PENFED $6,5K*
*LOWES $6K *CMN BANK $5.2K-*PNC $5K*SCLUB DISC. $5K*
WMART DISC.4K*CMN BANK 3.75K*BANK OF AMERICA $3K* MACYS $2.2K*
JCP $1.8*TARGET $0.7K* UTL1%- AAOA 5.5- TOTAL 12 yrs History/
Transunion 718 Equifax 733- Experian 736
Frequent Contributor
astritaho1979
Posts: 451
Registered: ‎10-02-2011
0

Re: When to request a cli from PenFed

Look i didnt just had credit back in 07 before the bk but a super credit.I had almost 10mil in credit.business and personal

Now, why will a prime lender like PenFed give credit to a post bk7 borower like me? Thats a good question and hard to work with if you dont know the facts

When someone like me in my situation apply for credit to a lender like that,they dont only look at the fico score but at the hole credit picture.Mortg,Credit card,Autoloan,LOC,Open accounts history,closed account history,EVERYTHING.

I might have had bk 6 yrs ago because of the economy crashed and every lending industries had loses in every corner of the planet,But the fact remain that i got potential

in their view.Oh and by the way i didnt burn PenFed back then.So yes i might have had a bk in the past but i have adopt to the future.

Believe me i say that lenders have alot more resources to analize us in any possible way to prevent loses on credit they might consider extending.


COMMERCE BANK PLATINIUM VISA 20K*PAYPAL MC $9.5K*CITI FORWARD $8.5K*PENFED $6,5K*
*LOWES $6K *CMN BANK $5.2K-*PNC $5K*SCLUB DISC. $5K*
WMART DISC.4K*CMN BANK 3.75K*BANK OF AMERICA $3K* MACYS $2.2K*
JCP $1.8*TARGET $0.7K* UTL1%- AAOA 5.5- TOTAL 12 yrs History/
Transunion 718 Equifax 733- Experian 736
Valued Contributor
Dustink
Posts: 3,097
Registered: ‎10-02-2012
0

Re: When to request a cli from PenFed

"hole credit"

 

enough said

Too many INQs & low AAoA so I'm off to tend the Garden.     Age:23    


     $17k       $8.5K          Closed          $19k      $6.5k        $24.2k        Closed         $5k       Closed     $8.5k        Closed      @2.49%
Valued Contributor
chnceit
Posts: 1,524
Registered: ‎08-17-2008
0

Re: When to request a cli from PenFed

Cmerriott. Do you have a BK reporting?? You said joint with Husband. This is a different situation. Correct me if I am wrong but they based approval on your credit first then his.

Astri. Lenders dont care what you had before. They care what currently is reporting. This is why they pull your credit. If they went off of info 10 years ago and not current then what is the sense of current credit reports and scores.

Like I said PenFed denies people with no BK, perfect credit and no blemishes for members on here as reported. But someone who has a BK from 07 and sole applicant got approved which is unheard of on here from this corservative lender.

See my point. Thanks!

$100K in Credit
Last Credit Card App: 11/16/13
Frequent Contributor
jake619
Posts: 496
Registered: ‎11-13-2012
0

Re: When to request a cli from PenFed

WOW!  Four pages and it still isn't locked?  Could be a record...


GangnamFICO wrote:

Because the chicks dig it when I throw down the card to the waiter and...it comes in handy if I'm short on cash until payday and need a short spot. AMEX gets the booty, and that's important when you're a Pirate.


Minor vulgarity edit --Rev



Moderator
Shogun
Posts: 12,952
Registered: ‎04-15-2011
0

Re: When to request a cli from PenFed

:smileysad:


Starting Score: 504

July 2013 score: EQ FICO 819, TU08 778, EX "806 lender pull 07/26/2013
Goal Score: All Scores 760+, Newest goal 800+

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Current scores after adding $81K in CLs and 2 new cars since July 2013
EQ:809 TU 777 EX 790 Now it's just garden time!
Frequent Contributor
sandman2435
Posts: 443
Registered: ‎01-22-2011
0

Re: When to request a cli from PenFed

I was approved for a card.with a BK7 that is 9 years old..20K limit


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