PEN FED THRESHOLD

[Anonymous]

Does anyone know what  Pen Fed's scoreing threshold is as far as having to be atleast a score of 630, 640 or 650? ....I read about it somewhere but can;t find it...HELP 

[AverageJoesCredit]

Not sure but the higher you are the better id wager

[mrldp40]

i think i read somewhere its 640 

[fltireguy]

640. On THEIR scoring system

[Anonymous]

640 on their Nextgen for cards; PLOC is higher, around 675 range I believe

[Anonymous]

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@Anonymous wrote:
640 on their Nextgen for cards; PLOC is higher, around 675 range I believe

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Yup, the ole NEXTGEN model is a bruiser...My EQ Fico 8 is  660..Nextgen came in at 590.....shot down in flames

[Anonymous]

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@AverageJoesCredit wrote:
Not sure but the higher you are the better id wager

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What a wisdom! As if nobody knows it!! Way to go

[Anonymous]

Well...no big deal....I just had 2 charge offs come off as of 6/5. I don't know how long it takes but my scores will jump up considerably as a result. Time to get back in the GARDEN......

[Anonymous]

I had a loan officer tell me 620 for auto loans and 640 for credit cards but as others mentioned this is with NexGen scores not Fico 08. For some reason my NexGens were higher than my fico08. Still pretty conservative in terms of lending. 

[Anonymous]

I was told the same thing as Fulfilled...