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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.
@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.