topic Re: Penfed Membership in Credit Card Applications

Penfed Membership

dbw79 — Tue, 20 Jan 2015 23:01:23 GMT

Good Evening All,

Quick question. I know Penfed will hp Equifax for membership and will use the same pull for 90 days for other applications. My question is can you apply for multiple products using the same pull. IE, can you app for a credit card and line of credit using the same pull? Or would it be two seperate pulls?

Thanks.

Re: Penfed Membership

Anonymous — Tue, 20 Jan 2015 23:04:57 GMT

@dbw79 wrote:
Good Evening All,

Quick question. I know Penfed will hp Equifax for membership and will use the same pull for 90 days for other applications. My question is can you apply for multiple products using the same pull. IE, can you app for a credit card and line of credit using the same pull? Or would it be two seperate pulls?

Thanks.

@dbw79,

It will be the same pull for all products. So just 1 inquiry on your report within the 90 days.

Re: Penfed Membership

dbw79 — Tue, 20 Jan 2015 23:05:53 GMT

Excellent. Much appreciated. They don't like many new accounts thought, right?

Re: Penfed Membership

Anonymous — Tue, 20 Jan 2015 23:07:48 GMT

@dbw79 wrote:
Excellent. Much appreciated. They don't like many new accounts thought, right?

@dbw79,

They are very conservative. I had 2 new accounts reporting when I applied for the PLOC and credit card. I think they take that into consideration + your entire credit profile...

Re: Penfed Membership

Anonymous — Tue, 20 Jan 2015 23:09:24 GMT

@Anonymous wrote:
@dbw79 wrote:
Excellent. Much appreciated. They don't like many new accounts thought, right?
@dbw79,

They are very conservative. I had 2 new accounts reporting when I applied for the PLOC and credit card. I think they take that into consideration + your entire credit profile...

Listen to the man. He's the PenFed pusher. Forced me to apply!

Re: Penfed Membership

Anonymous — Tue, 20 Jan 2015 23:11:56 GMT

@Anonymous wrote:
@Anonymous wrote:
@dbw79 wrote:
Excellent. Much appreciated. They don't like many new accounts thought, right?
@dbw79,

They are very conservative. I had 2 new accounts reporting when I applied for the PLOC and credit card. I think they take that into consideration + your entire credit profile...
Listen to the man. He's the PenFed pusher. Forced me to apply!

@Anonymous,

LOL

Re: Penfed Membership

Anonymous — Sat, 25 Jul 2015 15:41:56 GMT

What time frame is considered a new account with Penfed? Within the past 12 months?

What scores are they looking for? I'm really interested in joining them, if I think I'll possibly get a high limit credit card and possibly refinance my car loan.

What do they look for?

Re: Penfed Membership

ojefferyo — Sat, 25 Jul 2015 22:55:48 GMT

This thread is months old but to answer your question we need a bit more info on your stats. What cards do you have? limits? anything bad?