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Will PenFed hard pull for a CC CLI after loan approval?

Gregory1776
Valued Contributor

Will PenFed hard pull for a CC CLI after loan approval?

Or are they still doing that 1 HP-3-months thing? 

Message 1 of 6
5 REPLIES 5
Remedios
Moderator

Re: Will PenFed hard pull for a CC CLI after loan approval?

Two separate pulls 

Message 2 of 6
cashorcharge
Senior Contributor

Re: Will PenFed hard pull for a CC CLI after loan approval?


@Remedios wrote:

Two separate pulls 


And...the loan was likely an EX HP and the CC CLI will be EQ HP

They started using EX for "loans" earlier this year I believe...

Message 3 of 6
OmarGB9
Community Leader
Super Contributor

Re: Will PenFed hard pull for a CC CLI after loan approval?


@cashorcharge wrote:

@Remedios wrote:

Two separate pulls 


And...the loan was likely an EX HP and the CC CLI will be EQ HP

They started using EX for "loans" earlier this year I believe...


For me at least, they still used EQ for a personal loan.


Last App: 05/30/2021
Capital One Auto Refinance Loan

Currently rebuilding as of 04/11/2019.

Starting FICO 8 Scores:




Current FICO 8 scores:


Message 4 of 6
4sallypat
Established Contributor

Re: Will PenFed hard pull for a CC CLI after loan approval?

Very good question!

I was going to app for a used car loan and PCR card at the same time.

 

Is it better to app over the phone to get the rep to pull one time for both products ???

Message 5 of 6
FinStar
Moderator

Re: Will PenFed hard pull for a CC CLI after loan approval?


@4sallypat wrote:

Very good question!

I was going to app for a used car loan and PCR card at the same time.

 

Is it better to app over the phone to get the rep to pull one time for both products ???


It will not make a difference @4sallypat -- agent or online. Two different loan systems, so you'll still get hit with 2 HPs.

Message 6 of 6
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