Penfed 60k total!!!!!

[19eighty5]

WOW! Congratulations on the massive SLs!

[AverageJoesCredit]

I'm curious. With your other recent thread, you say you now have over 25 cards. Penfed is well known to not give alot of credit to those with lots of credit. It's been shown here recently. 50k is a max sl and that is rare even for the high rollers. Mind sharing your current profile dps like income, total credit limits, utilization , etc. ?

I congratulate you on a great accomplishment but hope you can shed more light on this massive approval. There was another poster who got some slack for a massive approval so I feel when posting an approval with such uniqueness, data points can help very much. Thank you

[Anonymous]

I have been a member for a year or so haha 

Honestly, this 50k cc is the most I have on one single card!

[Anonymous]

Income: 65k

Utilization: 1% across all cards

Total credit limit: $278,500

I'm not positive which one they pulled but here are my scores: TU is 762, EX 789 EQ 778 as of right now. 

AAOA: 24 months

[jlitnns]

[Anonymous]

Congrats on the awesome approval! Thanks for the screenshot. Interesting, PenFed is willing to give exposure near 100% of your income. Is this normal PenFed pros? If so, I need to put them back on my radar after my “gardening stint.”

I’m a PenFed member and got denied for recent inquires back in December. I figured they thought I had excessive available credit elsewhere, at the time.

[imaximous]

That's pretty awesome. Good for you!
And this shows again that nothing in the credit world is a science as much as we'd like to use DPs for prospective applications.
It'd been said that you need a minimum of $15k monthly income to reach maximum exposure with Penfed in unsecured credit.
This isn't the first member to prove that theory wrong.

[AverageJoesCredit]

Thank you for sharing. Points, that is def not normal. I cant even get a new loan with them and I've been a member 2 years, perfect payment history, still a year early on my pl. They wont extend me any credit saying due to income and available credit. I also have fico9 800 with them.

We did see a poster recently get 50k with a 50k income sub 670 and 2 cards in profile below 3k. Penfed never ceases to amaze me.

Thanks again on sharing and congrats

[Anonymous]

that felling is like winning lottery ...50k SL is crazy .. i might try Penfed on my next app

[Anonymous]

Im at work right now and i literally took a break just to respond to this crazy approval!!!!!! What in the world????????!!!! That is so awesome!!!!!

I scrolled down so fast to see if you shared data points!!! So thanks for sharing all this info!!! C.O.N.G.R.A.T.S!!!!! You must be so happy!