Pentagon Federal Credit Union Data Share

[Anonymous]

For me it is just the APR of the card

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@jlitnns wrote:

I can see the option to do a BT with a 3% fee but it doesn't state the APR anywhere...

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[Anonymous]

So, I finally received pre-approved offers from Penfed, but I think I'm going to just let them pass.  I've been a member since July 2017 when I signed up and re-financed my auto loan through them.  I've since paid off that loan and have a new loan through another bank.  I'm not sure when the offers showed up, but I noticed them today when I logged in.  Does anyone know when they expire?  Looks like $15k across the board on all of their rewards credit cards, as well as new and used auto/boat/RV loans.  Interest rate on all cards shows up as 16.74%, which is towards the top end of their range.  Interest on loans is 6.15%, which isn't terrible for a boat loan, which I have been casually looking at.  For another DP, I did apply with them for my recent vehicle purchase, but decided to go with another bank for a .2% discount on the rate.   Another question on these...do they do a hard pull if you accept?  

[BlueSea]

Joined yesterday and applied for the Pathfinder card. Went to review. Later declined. Reason: many new accounts, short credit history. I had opened two cards last 2 months, Discover and Bank of America. I don't know what they pulled but Credit Karma shows EQ 721, TU 741. No bad stuff at all. My current cards:
Discover It $8500 (opened 2 months ago)
Bank of America $3500 (1 month ago)
The rest are at least over a year ago:
Chase FU $7000
Citi DC $7500
Discover Miles $4300
FNBO Travelite $4800
FNBO Visa $1000 ( oldest 2.8 years)
AAoA 1.3 years.
Inquires EQ 7-8, 3 this year.
Should I recon?

[Anonymous]

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@BlueSea wrote:
Joined yesterday and applied for the Pathfinder card. Went to review. Later declined. Reason: many new accounts, short credit history. I had opened two cards last 2 months, Discover and Bank of America. I don't know what they pulled but Credit Karma shows EQ 721, TU 741. No bad stuff at all. My current cards:
Discover It $8500 (opened 2 months ago)
Bank of America $3500 (1 month ago)
The rest are at least over a year ago:
Chase FU $7000
Citi DC $7500
Discover Miles $4300
FNBO Travelite $4800
FNBO Visa $1000 ( oldest 2.8 years)
AAoA 1.3 years.
Inquires EQ 7-8, 3 this year.
Should I recon?

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I think it was the AAoA that got you, at 1.3 years. You can try to recon (you should get a survey email where you can ask for a recon), but I'd recommend you go into the garden for at least six months (preferably more) to get your AAoA up and put usage/payment history on your existing cards.

[BlueSea]

Update. Tried to log in today. It said account locked. Called customers service. They said the account was blocked and i need to send notarized copies of my ID, SS card and utility bill. I told them i can do it in September. Didn't know it's such a pain to join PenFed. Angry.

[stinastina]

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@BlueSea wrote:
Joined yesterday and applied for the Pathfinder card. Went to review. Later declined. Reason: many new accounts, short credit history. I had opened two cards last 2 months, Discover and Bank of America. I don't know what they pulled but Credit Karma shows EQ 721, TU 741. No bad stuff at all. My current cards:
Discover It $8500 (opened 2 months ago)
Bank of America $3500 (1 month ago)
The rest are at least over a year ago:
Chase FU $7000
Citi DC $7500
Discover Miles $4300
FNBO Travelite $4800
FNBO Visa $1000 ( oldest 2.8 years)
AAoA 1.3 years.
Inquires EQ 7-8, 3 this year.
Should I recon?

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Penfed requires that your EQ9 score is 650 or greater before approval on a credit product. Credit Karma does not provide you with that score but a Vantage score. If you want to know what your real fico score is, you have to purchase it from fico or cct (credit check total). Or since you just got a denial, they will mail it to you in the denial letter. You don't want to waste hard pulls without knowing what a credit issuers' requirements are.

[Anonymous]

Asked for a CLI on my PCR because I took a hard pull for my PLOC and auto loan pre approval original sl $5,500. They gave me a new limit of $6,000 and an apr reduction from 17.99% to 11.49%. Overall happy with the results.

[Anonymous]

Just wanted to verify whether Penfed is continuing to keep HP's active for 90 days so that they can be reused during that period. The HP they did 2 months ago for my last CLI attempt is still up, and if they'll re-use it I'm thinking of giving it another shot before it expires.

[Anonymous]

There has been mixed reports some say 90 others have said CSRs stated 30 days. My experience as of July is that the 90 day HP is still active as I opened my accounts and CC in May and they used the same HP the end of July for a small personal loan.

[Anonymous]

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@Anonymous wrote:
There has been mixed reports some say 90 others have said CSRs stated 30 days. My experience as of July is that the 90 day HP is still active as I opened my accounts and CC in May and they used the same HP the end of July for a small personal loan.

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As noted in another thread, CSR's, being CSR's, are often wrong. My current HP is a bit under 60 days old so if I decide to take the chance I should do so before the end of September.