So I finally decided I wanted to join a credit union . After being Intimidated by the whole process I decided to just do it. It was so easy I can’t beleive I didn’t do it before. I was qualified to join as my brother served in the military. Was able to link my Bank account for the 5 dollar fee. It was all so simple and took 5 minutes . Then decided to app for 2 cards, the first being the platinum rewards visa sig and then the power cash reward. I did apply as a co borrower with my husband as well as a data point . This was on Saturday morning and both apps went to pending with loan officer. Monday morning I get a email that the 2 latest pay stubs are required, so I upload those to both apps . It was easy to do online. 64000 a year for data point . As of 3 o’clock Tuesday it’s still in “review”. With “borrower pay stubs required” under each app, which I can see that I uploaded them . No other emails or calls etc.
I remember with chase reading that most people urged you NOT to call when a app was pending, is Penfed the same ? Not too sure if they need more information or if this waiting time is normal. Any insight into how they would work would be appreciated !
My fico credit score is 761 on Equifax which is what they did pull for the membership. Husbands is 774. My file is clean , almost up to 2 years AAOA, husband has 2 late payments that are almost 4 years old ,his AAOA is almost 5 years. I have crap ton of accounts and inquiries , 25 now on Equifax, 39 accounts total, 5 in the last 6 months (with 2 news amex cArds yet to report )
Hubbys Equifax has 9 inquiries, 2 new accounts in last 6 months.
Thanks guys !!😎
