PenFed Power Cash Denial

[SUPERSQUID]

When i apped for the pcr last friday i got that same HTTP 400 error page, shortly after that i received an email that i was approved and then 2 further emails, one email was to digitally sign the contract and the other email was to revue and acknowledge the info that lead to their decision.

[tortoise_credit]

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@SUPERSQUID wrote:

When i apped for the pcr last friday i got that same HTTP 400 error page, shortly after that i received an email that i was approved and then 2 further emails, one email was to digitally sign the contract and the other email was to revue and acknowledge the info that lead to their decision.

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Interesting, so it was probably a denial on my application despite the HTTP 400. Oh well, there's the long shot on the recon, but otherwise I'll just wait to apply again.

[SUPERSQUID]

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@tortoise_credit wrote:

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@SUPERSQUID wrote:

When i apped for the pcr last friday i got that same HTTP 400 error page, shortly after that i received an email that i was approved and then 2 further emails, one email was to digitally sign the contract and the other email was to revue and acknowledge the info that lead to their decision.

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Interesting, so it was probably a denial on my application despite the HTTP 400. Oh well, there's the long shot on the recon, but otherwise I'll just wait to apply again.

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Did you get any emails from them after the app ? i got the first email right after the app, then the required signature link to their portal either that night or saturday, and the final email to their portal on sunday to revue the reasons for my sl and interest rate that included my eq9 score etc.

the card account itself didnt show up in my penfed accounts until today.

In the case of the signature and revue email my response was required to proceed with creating the account.

they definitely do things unconventionally or at best completely different from other cc lenders.

im still wondering why those emails from them were spaced over 3 days.

[tortoise_credit]

@SUPERSQUID 

I did not receive any emails after the app. Once I got the 400 error and received the email alert from credit karma about the hard pull, I figured I might receive an email (hopefully about an approval), but after about a half hour to an hour I called in.

[Tapdnsr25]

I also experienced this same error during applying today. I opened another browser tab and signed in to find a message about continuing with the application and did so that way. Unfortunately, they denied the request for the Platinum and offered a Power Cash instead...$2500 SL. For DP's, they did pull EQ FICO9 (771). I'm not sure about a SP, though. Income $80k (no POI required), 7% UTI, AAoA 4yrs 4mos, one 30 day late from July 2017, 4 open installment loans reporting, one inquiry from this Sunday and one from last April on EQ (this made the 3rd), and a new bankcard account reporting since December. Aggregate CL showing is $21,200 (I just acquired another $14k from this spree, but it isn't reporting yet, of course). Hopefully these DP's help someone. 

[tortoise_credit]

@Tapdnsr25 Thanks for the DP, it seems like you had a strong profile to me, so it's interesting they denied and countered.

I was thinking of trying again towards the end of the year after a few more lates fell off my account. I thought the Platinum would have been easier to get, but I guess I just don't understand PenFed! 

[Tapdnsr25]

@tortoise_credit that makes two of us! lol