PenFed Auto

[jo112205]

Hey everyone so I applied for a PenFed auto loan yesterday and was instantly declined due to delinquencies. My most recent delinquecy was 2 months ago, due to auto-debit issues, which I am trying to resolve. Other than that my most recent deliquencies were 2 years ago on student loans and an auto loan that I co-signed on. All these accounts have since been current and whatever new auto loan I received in recent years show no deliquencies. 

**I am rebuilding and have been paying off my credit cards, I was up to 90% Util. and I'm down to 50%. This all due to employment difficulties that my DH went through. 

Well, long story short, I just sent in my recon letter and am hoping for the best. Hoping for positive vibes and advice (if any) from you folks 

Current FICO as of 11/18/17:

EQ 622

TU 653

EX 641

[Anonymous]

Good job in lowering the the utilization.  Any update?  Did you get approved?

[Anonymous]

I was initially declined for my PenFed auto loan too but submitted a recon and got more than I asked for at 3.5% which is their best interest rate on used cars.  So, keep your fingers crossed.