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Pen Fed Approval Odds

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boyboy1520
Established Member

Re: Pen Fed Approval Odds

With the cards they PenFed offer are all considers = when going thu the approval process ?

11/6/2020 Fico Score 8 Fico Bankcard Score 8 Fico Score 9
Equifax 700 694 689
Trans union 649 660 677
Experian 663 657 640
Inquiries 8
DTI 26%
Chapter 7 Dischard 2/1/16
Message 11 of 19
coldfusion
Credit Mentor

Re: Pen Fed Approval Odds


@boyboy1520 wrote:

With the cards they PenFed offer are all considers = when going thu the approval process ?


I don't understand what it is you're trying to ask. 

 

Are you asking if they apply the same criteria for approval across all cards?  (they do not - Platinum Rewards approval is contingent upon their willingness to grant you at least a $5K SL) 

(10/2025)
FICO 8 (EX) 838 (TU) 846 (EQ) 850
FICO 9 (EX) 850 (TU) 850 (EQ) 850

$1M+ club

Artist formerly known as the_old_curmudgeon who was formerly known as coldfusion
Message 12 of 19
boyboy1520
Established Member

Re: Pen Fed Approval Odds

Sorry let me clarify with all the cc that pen fed offer is the approval process (credit criteria) the same?

11/6/2020 Fico Score 8 Fico Bankcard Score 8 Fico Score 9
Equifax 700 694 689
Trans union 649 660 677
Experian 663 657 640
Inquiries 8
DTI 26%
Chapter 7 Dischard 2/1/16
Message 13 of 19
coldfusion
Credit Mentor

Re: Pen Fed Approval Odds

OK that was what I thought you were asking. Yes, other than as i noted above that you have to meet a higher standard to get approved for the Platinum Rewards card.

(10/2025)
FICO 8 (EX) 838 (TU) 846 (EQ) 850
FICO 9 (EX) 850 (TU) 850 (EQ) 850

$1M+ club

Artist formerly known as the_old_curmudgeon who was formerly known as coldfusion
Message 14 of 19
boyboy1520
Established Member

Re: Pen Fed Approval Odds

Ok thanks for the feed back .  Applied and currently under review for the power plus reward card and conditionally approved for a personal loan. I will keep the group updated 

11/6/2020 Fico Score 8 Fico Bankcard Score 8 Fico Score 9
Equifax 700 694 689
Trans union 649 660 677
Experian 663 657 640
Inquiries 8
DTI 26%
Chapter 7 Dischard 2/1/16
Message 15 of 19
boyboy1520
Established Member

Re: Pen Fed Approval Odds

***update***

Major key 🔑 alert 🚨 approved for PL 20k @Anonymous.99% 

 

still pending for  CC 

 

 

11/6/2020 Fico Score 8 Fico Bankcard Score 8 Fico Score 9
Equifax 700 694 689
Trans union 649 660 677
Experian 663 657 640
Inquiries 8
DTI 26%
Chapter 7 Dischard 2/1/16
Message 16 of 19
AllZero
Mega Contributor

Re: Pen Fed Approval Odds


@boyboy1520 wrote:

***update***

Major key 🔑 alert 🚨 approved for PL 20k @Anonymous.99% 

 

still pending for  CC


Congratulations on your loan approval! Good luck on the CC.

Message 17 of 19
boyboy1520
Established Member

Re: Pen Fed Approval Odds

Major key 🔑 alert 🚨 approved for  CC 3.5k @17. 99% 

Low SL and high APR but I'm in thanks for thr guidance everyone 

11/6/2020 Fico Score 8 Fico Bankcard Score 8 Fico Score 9
Equifax 700 694 689
Trans union 649 660 677
Experian 663 657 640
Inquiries 8
DTI 26%
Chapter 7 Dischard 2/1/16
Message 18 of 19
Loquat
Moderator Emeritus

Re: Pen Fed Approval Odds

@boyboy1520 Congrats on the approval.  Feel free to share the good news in the Approval section if you'd like.  Enjoy your new card when it arrives!

Message 19 of 19
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