topic Re: Penfed FICO updates in General Credit Topics

Penfed FICO updates

Anonymous — Thu, 08 Sep 2016 15:51:25 GMT

How long does it take for PenFed to update their quarterly FICO scores? Mine is still showing from 5/31. Also, I joined back in April, do you think I've been around long enough to start getting offers from them?

Re: Penfed FICO updates

Anonymous — Thu, 08 Sep 2016 16:40:39 GMT

@Anonymous wrote:
How long does it take for PenFed to update their quarterly FICO scores? Mine is still showing from 5/31. Also, I joined back in April, do you think I've been around long enough to start getting offers from them?

You'll see the next update in beginning of October with a date of 8/31 or so. They SP you then release the score a month later. You probably won't see any offers this soon and a lot of that is dependent on what products you already have and your EQ NG score

Re: Penfed FICO updates

Anonymous — Thu, 08 Sep 2016 17:02:51 GMT

Thanks!

Re: Penfed FICO updates

Anonymous — Sat, 10 Sep 2016 20:20:50 GMT

Do you have to have credit with PenFed in order for them to give you FICO scores?

Thanks in advance.

Re: Penfed FICO updates

Revelate — Mon, 12 Sep 2016 06:13:28 GMT

@Anonymous wrote:
Do you have to have credit with PenFed in order for them to give you FICO scores?

Thanks in advance.

Yeah, credit card or LOC I know both work, maybe other credit accounts but a standard share account does not.

Re: Penfed FICO updates

Anonymous — Mon, 12 Sep 2016 19:40:03 GMT

@Revelate wrote:
@Anonymous wrote:
Do you have to have credit with PenFed in order for them to give you FICO scores?

Thanks in advance.
Yeah, credit card or LOC I know both work, maybe other credit accounts but a standard share account does not.

Thanks for the info Revelate. I appreciate ya!

(-:

Re: Penfed FICO updates

xaustie — Fri, 16 Sep 2016 19:52:27 GMT

I am also waiting to see an update to my FICO NG2 score on penfed. My score from them is dated 5/13/2016. As noted above I will check in early October. Will I ever see any offers from them if all I have is my Share acct and a new car loan? No PLOC or CC's from them yet.

Re: Penfed FICO updates

SouthJamaica — Sat, 17 Sep 2016 02:40:33 GMT

@Anonymous wrote:
How long does it take for PenFed to update their quarterly FICO scores? Mine is still showing from 5/31. Also, I joined back in April, do you think I've been around long enough to start getting offers from them?

As to timing of score updates, here's what PenFed told me when I asked:

The FICO scores are loaded quarterly in January, April, July, and October. When loaded in July, the scores will be from end of April/beginning of May. The next time your FICO score will be loaded is in October. The score will be from the end of August/beginning of September.

As to offers, I wouldn't know; they've never offered me anything. I've been there about 6 months.