Is Penfed Forgiving?

in4maous — Sun, 18 Jul 2021 16:09:37 GMT

Hi,

I had a Penfed CC and they closed my account with a balance. I changed bank accounts and never updated my auto payments, so I was placed on a payback plan. I paid it off early and my scores are higher, will Penfed offer many any new products if I applied for an auto loan?

Re: Is Penfed Forgiving?

gdale6 — Sun, 18 Jul 2021 20:20:27 GMT

@in4maous wrote:
Hi,

I had a Penfed CC and they closed my account with a balance. I changed bank accounts and never updated my auto payments, so I was placed on a payback plan. I paid it off early and my scores are higher, will Penfed offer many any new products if I applied for an auto loan?

If you paid them in full then yes at some point you will be able to get new products.

topic Re: Is Penfed Forgiving? in Rebuilding Your Credit

Is Penfed Forgiving?

Re: Is Penfed Forgiving?