Over the weekend I applied to joing PenFed as my inquiries are already on the high side Eq - 8 Tu - 9 and Ex - 12. I knew it would be a HP on Eq and thought I would at least get them as a CU before I once again tried to find the garden. Was given membership, opened a saving and checking. Pretty nice set up. As I logged off there was a pop-up to apply for their CC. I thought, no way as I have been a bit crazy with the apps lately. I read various forums regarding PenFed and that they were inquiry sensitive etc, but I decided I already had the HP so why not.
Application was accepted and immediately said being refered to loan officer. I really thought that was it and would not blame them given the recent app spree. Received an email Saturday night saying that I had conditional approval and to log into my account. I did and the system had requested my last 2 paystubs. I loaded them in Saturday night.
Monday morning I received the congratulations and that I needed to sign into my account again. Once there I had the choice to accept the offer of $10,000 at 10.5% and digitally sign the acceptance document.
I am now wondering if I should refinance an auto with PenFed that is at 5.125%. Guess I will call them in the morning and see if I can apply with the same initial HP.
