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PENFED multiple Inquiries for one application

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Anonymous
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Re: PENFED multiple Inquiries for one application


@Anonymous wrote:

The reason that I was not expecting so many inquiries, is that other posts in the myfico forums have indicated that one pull would work for multiple accounts applied for, as long as they were within a two to four week time span.  I received three inquires (two for the initial app. and one for the reconsideration letter) on the same credit bureau for one account applied for and one request to reconsider.  Maybe others with higher credit scores have had a better experience than me.  If I would have read a post like mine in the forums, I would not have applied for the card with them.


Not a good experience I agree, but a good lesson, what people report here isn't always a guide as to what will happen to you.  In particular, a lot of people give advice here that you should recon, you have already taken the hit etc, failing to point out that recons can often cause additional hits. 

 

But you have now done your part by posting your experience as a possible warning to others!

Message 11 of 11
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