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How much does AAoA matter for Penfed, Capital One and Discover

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SBR249
Established Contributor

Re: How much does AAoA matter for Penfed, Capital One and Discover

PenFed was pretty well known for denying people for "escalating debts" (aka being an Egyptian) when they see credit seeking behavior like lots of new accounts or inqs. Don't know what they are like now, but it may be risky. 

Message 11 of 14
Anonymous
Not applicable

Re: How much does AAoA matter for Penfed, Capital One and Discover

They still discriminate against Egyptians, we saw a few Egyptian denials here last month.
Message 12 of 14
Anonymous
Not applicable

Re: How much does AAoA matter for Penfed, Capital One and Discover

“Egyptian” ? I was away from forum for couple of days and I am greeted with new jargon 😀
Message 13 of 14
Anonymous
Not applicable

Re: How much does AAoA matter for Penfed, Capital One and Discover


@Anonymous wrote:
“Egyptian” ? I was away from forum for couple of days and I am greeted with new jargon 😀

In a nutshell, too many new inquiries and accounts.

 

Pyramid Debt/Egyptian Denial

Message 14 of 14
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