Penfed LOC

[ojefferyo]

Ok so for those of you that have the LOC, what do you do to keep them "active"? Just transfer it to your account and pay it back in a few weeks or do you actually use it for something?

[youdontkillmoney]

I haven't needed to use the PLOC for anything so far, so every 6 months I transfer a $100 into checking to show activity and pay it off no more than a month later or sometimes over 3 months to show sme monthly minimum payments, then pay it off

[ojefferyo]

I see, I wonder if they look at that and wonder what the heck is this guy doing lol

[Tallman1127]

I just got approved for Pen Fed Visa 5k should I apply for the LOC or will it be another HP 

[Anonymous]

I direct deposit my entire salary into my PLOC and pay all my bills from it. Most of the time it has a credit balance. It allows me not to worry about whether a book is going out before my salary comes in.