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Pen Fed Approval

Goal7502022
Established Member

Pen Fed Approval

Received an preapproved offer from Pen Fed for the Gold Visa and I was expecting maybe $2000 to match my Navy Fed Cash Rewards. Imagine my shock when they approved me for $6500 just 11 months after my chapter 7 discharge. 

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Message 1 of 22
21 REPLIES 21
CreditPacMan
Established Contributor

Re: Pen Fed Approval

Congrats on your approval. Nice SL after BK.

Current Cards:
Message 2 of 22
coreyb80
Senior Contributor

Re: Pen Fed Approval

Congrats on the approval!

Message 3 of 22
M_Smart007
Epic Contributor

Re: Pen Fed Approval

Congrats on your PenFed approval.

 

Message 4 of 22
Wavester64
Valued Contributor

Re: Pen Fed Approval

@Goal7502022 

 

congrats.jpg





Potential Future Cards
Message 5 of 22
collics
Frequent Contributor

Re: Pen Fed Approval

Congrats!

 

Do you mind sharing more data points?

BK 7 Discharged May 2014

FICO8s Dec 2019

FICO8s Oct 2 2021


Message 6 of 22
cashorcharge
Senior Contributor

Re: Pen Fed Approval

That’s terrific!  Congratulations on your PenFed approval!! 👏🏼🎉🍾

Message 7 of 22
Libra85
Regular Contributor

Re: Pen Fed Approval

Congrats on your approval and SL!! Good luck 🍀 on your rebuild. 







October 2021
Message 8 of 22
benreily
Established Contributor

Re: Pen Fed Approval

Congrats for the approval!

Starting Score: (Nov 2013) EQ 650, EXP 750, TU 750
Score: (Dec 16, 2017)EQ > 720, EXP ?, TU > 730
From myfico.com EQ Score: (Oct 7, 2021) From myfico.com EQ Fico 8 808, Fico 9 804 | TU Fico 8 805, Fico 9 810 | EX Fico 8 793, Fico 9 781
Oct 2021 AoOA 19 years, 5 months, AAoA 6 years, 9 months




Message 9 of 22
Goal7502022
Established Member

Re: Pen Fed Approval

Data points:

 

  • My bankruptcy was discharged on November 6, 2020.
  • I opened a savings a with them in February 2021and premuim online savings in April 2021. I have a small direct deposit of $25 monthly going into the premium savings.
  • Current scores are EXP 665 EQ 675 TU 669
  • Have six credit cards with a combine limit of $12,600 with 3% usage and student loans around $60k.
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Message 10 of 22
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