Re: PenFed PCR Approval

Jkrause702 · ‎05-13-2021

I've had a rather disappointing relationship with PenFed since joining consisting of three declined applications for cards over 2 years.

Received a marketing offer and being the impulsive person I am decided to go for it.

Got the pending screen, needed income verification. Sent in pay stubs and called, explained part of my income comes from self employment, submitted tax returns for 2 years documenting that income and was told to wait, expecting denial anyways.

I was elated to be surprised with an approval with a shocking starting limit of 10k even with some derogs that haven't fallen off yet and a chapter 7 with another year left of reporting.

Pulled EQ of course.

CreditAggie · ‎05-13-2021

Congratulations on your PenFed PCR approval!

Current Cards (in order of approval):

Current FICO 8 | 9 (April 2024):

Credit Age:

Inquiries (6/12/24):

Banks & CUs:

AllZero · ‎05-13-2021

Congratulations on your approval!

gdale6 · ‎05-13-2021

Grats on knocking down their credit door!

Golf-and-Credit · ‎05-13-2021

Congrats on the approval!

Experian FICO 8: 826/2 inq’s 1/12, 3/24
Equifax FICO 8: 820/3 inq’s 1/12, 3/24
Transunion FICO 8: 821/2 inq’s 0/12, 2/24

AMEX Platinum: NPSL
AMEX Gold: NPSL
AMEX Everyday Preferred: $22,500
Capital One Quicksilver: $5750
Numerica Credit Union Platinum: $2000
Military Star: $8300
1% utilization