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PenFed - Instant Denial, Recon Denied, HP Again and Approved

UghUghUgh
Established Member

PenFed - Instant Denial, Recon Denied, HP Again and Approved

Yep, that's right.  I initially signed up with PenFed while waiting for EQ to clean up inaccuracies on my report and was denied.  After a recon, I was denied again.  This morning, I noticed that my score had jumped nearly 80 pts to 694 and decided to call them up and get 'er done.  Spoke with their excellent customer service, asked that they pull another report for the updated score and report.  After about a 4 minute hold, got the news that I was approved for the Power Cash at 14% with a SL of $2k.  

 

SL kinda sucks considering my income, but I'll take it considering all the back and forth with them; I do like that APR though but I PIF so . . .

 

 

EQ: 694

AAoA: 3.5 yrs

Inq: 10 in last 24 (8 of these were from an auto dealership going buckshot and two mortgages)

 

Hope this helps someone.  I post to the PenFed datashare as well.

Message 1 of 5
4 REPLIES 4
Tigers09
Valued Contributor

Re: PenFed - Instant Denial, Recon Denied, HP Again and Approved

Congrats on your PenFed approval!! Nice work cleaning reports up
State Farm Rewards (3,000) ~ Marvel MC (8,000) ~ PenFed Power Cash (10,000) ~ PenFed Promise (1,000) ~ PenFed OLOC (500) ~ Discover ($1,100) ~ Citi DC (2,200) ~ NFCU cashRewards (6,200) ~ NFCU Platinum (2,700) ~ NFCU CLOC (15,000) ~ Venture (10,300) ~ DCU Visa (5,000) ~ Chase Freedom (3,000) ~ Amex Hilton Honors (5,000) ~ Amex SPG (1,000) ~ Amex BCE (1,000) ~ Care Credit (15,000)
Current Scores (6/6/18): 697 Transunion, 659 Equifax, 674 Experian
Message 2 of 5
Trekkie813
Regular Contributor

Re: PenFed - Instant Denial, Recon Denied, HP Again and Approved

Congrats!  I love PenFed.  Have multiple products with them.

Starting Scores: 09.03.16
EQ: 569 TU: 591 EX: 570

Current Scores:
EQ: 674 TU: 730 EX: 679
Message 3 of 5
CO_NATIVE
Valued Contributor

Re: PenFed - Instant Denial, Recon Denied, HP Again and Approved

Congrats, Triple Ugh!


Message 4 of 5
cr3dit5hark
Frequent Contributor

Re: PenFed - Instant Denial, Recon Denied, HP Again and Approved

Congrats on the approval!
Starting Score: EQ 606 TU 623 EX 598 - April 17'
Current Score: EQ 644 TU 664 EX 667 - May 18’'
Goal Score: EX 750 TU 750 EX 750


Take the myFICO Fitness Challenge
Message 5 of 5
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