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Question ... out of curiosity :)

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Anonymous
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Question ... out of curiosity :)

Can a any Penfed member avail for as many products from Penfed like CC, Personal loan and PLOC all at once? Or it has to be only a CC and PL or PLOC? Thanks Smiley Happy

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Anonymous
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Re: Question ... out of curiosity :)


@Anonymous wrote:

Can a any Penfed member avail for as many products from Penfed like CC, Personal loan and PLOC all at once? Or it has to be only a CC and PL or PLOC? Thanks Smiley Happy


You can apply for any of their products overtime or all at once.  Doesn't mean you'll be approved but you can try

Message 2 of 5
Anonymous
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Re: Question ... out of curiosity :)

 

Thank you. Just wondering if any members here have done all of CCs, PL and PLOC at the same time with Penfed Smiley Happy

 

Message 3 of 5
Anonymous
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Re: Question ... out of curiosity :)


@Anonymous wrote:

 

Thank you. Just wondering if any members here have done all of CCs, PL and PLOC at the same time with Penfed Smiley Happy

 


Why would you want to do that ?  Lots of people here have applied for a cc and PLOC at same time but what would be the reason to try for all 3?  The more you apply for the more you run the risk of denials and/or lower limits, higher APRs.  The smart thing would to be to apply for to of them and see dos the road if you need the third product and you will have established a record with them. Penfed is very cautious about 'pyramiding debt' even if it's with their own accounts. Applying for all 3 at once reeks of desperation.

Message 4 of 5
Anonymous
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Re: Question ... out of curiosity :)


Why would you want to do that ?  Lots of people here have applied for a cc and PLOC at same time but what would be the reason to try for all 3?  The more you apply for the more you run the risk of denials and/or lower limits, higher APRs.  The smart thing would to be to apply for to of them and see dos the road if you need the third product and you will have established a record with them. Penfed is very cautious about 'pyramiding debt' even if it's with their own accounts. Applying for all 3 at once reeks of desperation.


Thank you. I was just curious coz when I called for some questions about my account the CR offered me some of their products like IRA, mortgage, and PLOC. I was wondering if any member here have done that without getting any issues later on. 

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