PenFed PLOC & Visa Sig surprise!! $50K!!

[merlinflex]

Thanks! I am thinking of apping for NASA FCU this week for CC and PLOC.

Any thoughts (good or bad) or maybe I should stick to my original plan of chillin' since credit wise, I am pretty solid.

[greatness1]

Nasa fcu is a great cu just become and member first then apply for a cc and ploc if you need it, or just get a cc to build a relationship with them. If you obtained lots of new credit in the past 6 months i'd wait. My penfed cc just went from 15k to 22k! Gotta love credit unions 

[merlinflex]

Does anyone know how the PenFed PLOC reports? 

This new one from PenFed sas not hit yet, but showing on my CK as a loan.

Thought it would be under "revolving line of credit" type like my credit cards.

TIA!

[Anonymous]

Wow congrats to you!!

[signaturecardmember]

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@Ysettle4 wrote:

Congrats on getting the max penfed exposure on non-collateral accounts.

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Can you please elaborate on this?

[Anonymous]

Nice Job! Congrats! 

[LadyJEsq]

Wow very nice! Congrats OP! SInce it was a preapproval, was it a SP for one or both?

[Anonymous]

Congrats! I too was approved 3 weeks ago for $25K PL and $5k for their Visa rewards card . They're great CU and very generous!

[pizza1]

wow, congrats to you!!! My dream card hopefully in a few years!!!

[Ysettle4]

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@signaturecardmember wrote:

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@Ysettle4 wrote:

Congrats on getting the max penfed exposure on non-collateral accounts.

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Can you please elaborate on this?

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PenFed max exposure on non collateral loans (LOCs and CCs) is $50K