PenFed Quarterly Offers

SomewhereIn505 · ‎09-01-2018

No quarterly offers for me. But PenFed reminded me they sent a personal loan offer. I would imaging that would be subject to a HP and I’m not so certain if I want to go after that.

3/16/18 FICO9 TU-700 EQ-669 EX-716
6/26/18 FICO9 TU-750, EQ-672, EX-789

hawkins · ‎09-01-2018

Not yet October 1st. Wait until then to see if any offers arise.

Anonymous · ‎09-01-2018

I'm a new Penfed member. What is a quarterly offer and where does one find them?

hawkins · ‎09-01-2018

If there will be any offers for you it will come at the beginning of every quarter. The current quarters offers will have been seen in July. So on or about October 1st when the new quarter starts new offers if any will be viewable on your page. Hard to say if you will get an offer or not. You have the score for sure but as you are new to PenFed a lot of times you won’t get any offers till 6 months to a year from now. But ya never know.

Anonymous · ‎09-01-2018

I think you might be right. I most likely will have to wait a few months or so for the offers. I understand it.

When it does happen, do they keep this offer on your account for the entire quarter or is it an offer that lasts a few days or something like that? What type of offers do they give?

hawkins · ‎09-01-2018

Well as I have yet to get any offers I cannot answer that accurately. But I do seem to recall reading somewhere in this massive forums of offers sticking around for at least 30 days. But like I said I could be wrong about that.

Anonymous · ‎09-01-2018

Penfed personal loan offers do not come with a hard pull.
This offer was based on a soft pull.
You have already been pre qualified .
* Your offer letter or email should say pre approved in order to get a no hard pull personal loan.

Jnbmom · ‎09-01-2018

Did anyone get their updated scores? Our states your report was pulled 0/00/00 ? But I think it is still same score because dh's reason states he has collection/judgement on EQ which his report is clean now (collection) removed.

EXP 780 EQ 796 TU 810

stw715 · ‎09-01-2018

@Jnbmom wrote:
Did anyone get their updated scores? Our states your report was pulled 0/00/00 ? But I think it is still same score because dh's reason states he has collection/judgement on EQ which his report is clean now (collection) removed.

I have new updated score with 0/00/00 as well. Bad news, score dropped 25 points to 800 (lack of recent installment loan). Good news, got bunch pre-approved offers for the very first time in 2 years with them. Took 10.4k increase on Platinum Reward.

Anonymous · ‎09-01-2018

@stw715 wrote:
@Jnbmom wrote:
Did anyone get their updated scores? Our states your report was pulled 0/00/00 ? But I think it is still same score because dh's reason states he has collection/judgement on EQ which his report is clean now (collection) removed.
I have new updated score with 0/00/00 as well. Bad news, score dropped 25 points to 800 (lack of recent installment loan). Good news, got bunch pre-approved offers for the very first time in 2 years with them. Took 10.4k increase on Platinum Reward.

Generally something, it's a bit perplexing to me that some people are getting pre-qualified offers now, because I had always been given to understand that the January/April/July/October schedule for quarterly offers was pretty firm.