Re: Apply to PenFed now or later?
01-04-2013 05:19 PM
Your current debt awaiting settlement may derail you. As stated earlier, they are extremely conservative and do not do well with charge offs or collections from what I have learned. I do have membership, cc and a car loan with them. Got the cc and membership at opening, car loan a little after a year later. As always YMMV. My EQ was around 767 when I joined.
Updated scores 03/06/2014 EQ 770 TU 763 EXP 768 (Fico)
Remember the Three P's: Pay early in Full, Pay on Time, Patience