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Penfed Approval!

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Valued Member

Penfed Approval!

After reading all the penfed praise I decided to apply for a membership last night. I belong to a credit union that currently doesn't do much for me (affinity fcu). The application process was a breeze, then this morning I decided to call and ask my questions directly to the cr. I ended up applying for platinum rewards visa sig for 10k 17.99% apr. I also got approved for a auto refi but i'm unsure if i'll accept the terms. I would like to know my changes at recon for a higher limite. I would like to use this acct for a bt but at 10k I'm not sure if I will anymore.

 

In any case i'm excited to start my relationship with penfed.

 

ex 702, tu 702, eq 653: Not sure what score they pulled. 

 

 

PenFed Plat Rewards 15k|CapOne Venture $17k|CapOne VentureOne $6.2k|CapOne QS $4.5k|Affinity 1k|Banana Rep SC $8.8k|Best Buy SC $5k| Chase Freedom $500|Chase SP 6k|Chase Marriott 5k|Amex BCP 21k|Amex ED 1.5k|Amex Business BCP 12.8K| Amazon SC 5k|AU Accts: Amex Blue Cash $16.5k|Wells Fargo Visa $13k| AAoA 4.3yrs| Util 24%


Starting Score: 606 for allCurrent Score: Ex.731 TU:710 EQ:706 07/05/2015Goal Score: 740a
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4 REPLIES 4
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Senior Contributor

Re: Penfed Approval!

They pull EQ , but they have their own version of a scoring system called Next Gen , for most ppl.it is lower than their actual fico score . I would ask Baller she is the Penfed Guru.
Message 2 of 5
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Senior Contributor

Re: Penfed Approval!

And congrats on your new approvals!
Message 3 of 5
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Established Contributor

Re: Penfed Approval!

Congrats on the penfed approval!
Message 4 of 5
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Valued Member

Re: Penfed Approval!

Update: just called to request an increase and they bumped my limit from 10k to 15k. It's fair given I asked for 20k. They met me in the middle. 

PenFed Plat Rewards 15k|CapOne Venture $17k|CapOne VentureOne $6.2k|CapOne QS $4.5k|Affinity 1k|Banana Rep SC $8.8k|Best Buy SC $5k| Chase Freedom $500|Chase SP 6k|Chase Marriott 5k|Amex BCP 21k|Amex ED 1.5k|Amex Business BCP 12.8K| Amazon SC 5k|AU Accts: Amex Blue Cash $16.5k|Wells Fargo Visa $13k| AAoA 4.3yrs| Util 24%


Starting Score: 606 for allCurrent Score: Ex.731 TU:710 EQ:706 07/05/2015Goal Score: 740a
Message 5 of 5
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