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What are my chances with PenFed

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Anonymous
Not applicable

What are my chances with PenFed

I have been around the forums for awhile now, I joined PenFed back in 2014 and was approved for membership, at that time I applied for one of the credit cards and was turned for pyramiding. So I have seen that they are handing out some big credit lines really would like to try again. Do I have a chance?
Equifax 731
AAOA 2 years
Uti 9%
15 inq in 2 years
3 in the last 6 months
2 to fall off at the end of the month
Message 1 of 12
11 REPLIES 11
Anonymous
Not applicable

Re: What are my chances with PenFed

Your stats are better than mine and I got approved for a cc $12000 at 13.24%.

I had one baddie on my report. Paid tax lien

Message 2 of 12
Gmood1
Super Contributor

Re: What are my chances with PenFed

My question is.. what are you waiting for? You should be fine.
They're conservative, though not as conservative as you might think.
Message 3 of 12
baller4life
Super Contributor

Re: What are my chances with PenFed

You have a great chance. I say for it! Smiley Wink
Message 4 of 12
RonM21
Valued Contributor

Re: What are my chances with PenFed

It would appear your chances would be high, assuming there isn't reason for the same issue to still be considered a problem.


Total CL: $321.7kUTL: 2%AAoA: 7.0yrsBaddies: 0Other: Lease, Loan, *No Mortgage, All Inq's from Jun '20 Car Shopping

BoA-55k | NFCU-45k | AMEX-42k | DISC-40.6k | PENFED-38.4k | LOWES-35k | ALLIANT-25k | CITI-15.7k | BARCLAYS-15k | CHASE-10k

Message 5 of 12
Anonymous
Not applicable

Re: What are my chances with PenFed

One new credit this year, one home improvement loan, two new car loans
Message 6 of 12
baller4life
Super Contributor

Re: What are my chances with PenFed

Go for it!
Message 7 of 12
Royalbacon
Established Contributor

Re: What are my chances with PenFed

Your file is better then mine and I was instant approved today for $2.5k

http://ficoforums.myfico.com/t5/Credit-Card-Approvals/Penfed-Gold-Card-instant-approval-2-5k-limit-i...

Chapter 7 Bankruptcy Filed-September 2020 Discharged-December 2020
Message 8 of 12
Anonymous
Not applicable

Re: What are my chances with PenFed

Well I got the nerve up, Approved for $50,000 platinum Visa

Message 9 of 12
Anonymous
Not applicable

Re: What are my chances with PenFed

 Wow!! Congrats

Message 10 of 12
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