Some Penfed help, please?

[Anonymous]

Oh great and wonderous baller4life... You are the BOMB!

[baller4life]

---

@Anonymous wrote:

Oh great and wonderous baller4life... You are the BOMB!

---

Thanks ML. I just try to help.

[nitrov]

---

@baller4life wrote:

---

@Anonymous wrote:

Oh great and wonderous baller4life... You are the BOMB!

---

Thanks ML. I just try to help.

---

You do help! So what should I do now since I got that sweet itty bitty baby CLI from them? lol 

[baller4life]

Congratulations! One thing is for certain you can ask for whatever you like in the 90 day window without addtl hp. So go for it. And yes you can ask again before time is up on this card. People do it all the time.

[FinStar]

---

@baller4life wrote:
Congratulations! One thing is for certain you can ask for whatever you like in the 90 day window without addtl hp. So go for it. And yes you can ask again before time is up on this card. People do it all the time.

---

As baller mentioned, you have the 90-day window in your favor.  Now, keep in mind that just because you see gargantuous CLIs or SLs for some individuals, that's not always the case for everyone - YEMV.  Hence, if your CLI yielded $2,500 then it means that's as comfortable of a CLI they are willing to extend at this time OP.  It's possible you may get a little more before the 90-day window is up, but look and see if there are any other PenFed products that you can qualify for (not just out of getting them - think strategically), so either a PLOC or another rewards CC.

[nitrov]

---

@FinStar wrote:

---

@baller4life wrote:
Congratulations! One thing is for certain you can ask for whatever you like in the 90 day window without addtl hp. So go for it. And yes you can ask again before time is up on this card. People do it all the time.

---

As baller mentioned, you have the 90-day window in your favor.  Now, keep in mind that just because you see gargantuous CLIs or SLs for some individuals, that's not always the case for everyone - YEMV.  Hence, if your CLI yielded $2,500 then it means that's as comfortable of a CLI they are willing to extend at this time OP.  It's possible you may get a little more before the 90-day window is up, but look and see if there are any other PenFed products that you can qualify for (not just out of getting them - think strategically), so either a PLOC or another rewards CC.

---

I've never really seen a product like the PLOC they have at other banks. It seems like a decent thing to have in case you need quick and convenient access to money without worrying about crazy cash advance limits or whatever. Right now I owe about $3800 on my Penfed Visa. I've been carrying that balance for about 5 months due to the BT promo. Would it help me to pay it off or pay down the balance before apping for another CLI or another product with them?

I don't think I need another CC if it's just going to get me another $5-10k CL, but if I got anything over $10k on the PLOC I'd be really happy. I'd love to get the CL on the existing Visa past $10k too since I'm striving to get all my CLs into 5-figures. I've definitely made some good progress on that front but there's always room for improvement! 

[nitrov]

sooooo since they did the HP, could I even app for an auto loan without another HP? 

[Anonymous]

Typically, yes. I just apped and received the Cash Rewards from them and they keep sending me an email saying i qualify for a $35K auto loan. Not taking it - I have a car that is loan free at the moment. But I would say - if you need a car loan, go for it.

[nitrov]

@baller -- I got trigger happy and apped for another CLI on my rewards visa. They called me and sent an email saying they need additional info. Any clue what they need? Should I call back or no? I just want to make sure they're not going to HP me again

[Gmood1]

They probably want paycheck stubs. Too late to call now. PenFed is very easy to work with.