Valued Contributor
chnceit
Posts: 1,524
Registered: ‎08-17-2008
Re: Pen Fed odds?

newportguy wrote:

chnceit wrote:

newportguy wrote:

cmerriott wrote:

I joined pen fed over the weekend and went ahead and applied for the gas card....it's really the only card out there left that I want and I don't have.  Anyways it went to LO review and is pending, and I am now having regrets, thinking maybe I wasn't ready yet. Lol...

 

My oldest acct was opened 14 yrs ago, AAoA is 3.3 yrs, 2 inquires in last year, no baddies, I have 3 new accounts opened up in the last year. My fico was a 759 when I applied. Looking for any input. 



Sorry to hear the bad news!!!  I think the 3 new account within the last year spooked them


Depending on when he opened like 3 new accounts in less than 6 months, but I dont see it being a problem where its 3 new accounts in a year span.

 

I would call and just find out why and try to recon. 


This does not apply with PenFed, they spook very easy. It's either that or Debt/Income ratio .


I got approved for a PenFed CC and LOC this month with 5 new accounts in a 6 month period so this statement maybe its a YMMV moment


$100K in Credit
Last Credit Card App: 11/16/13