PenFed Credit Card

[Anonymous]

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@sarahscott1561 wrote:

Well, that's doodie.

There ya have it, I guess.

I'll post when I know for sure, but like I said, my friend just recently applied...got the same message I did and she got approved with a 10K CL with a lower score then me.

Not sure if it will fly with me, but there's always hoping...  

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Just try to think positive, but be prepared for the worst.

BTW, did you enter that you requested the 8,000CL, or did you go lower? I'm just curious.

[GreenThumb553]

I just went for the 8K CL being that the system had put that in there initially. It did say I could request a lower amount, but I had read that they will sometimes counter-offer. I keep checking that dang site to see if there's an update. Nothing yet, but I did see that it could take a week. If they want income verification, I'm ready to provide that, too.

I make about $65K/year - minimum, so we'll see...

[Anonymous]

You make good money, if they ask for income verification thats a good sign you've been approved.

I'm rooting for YOU!!!!

[GreenThumb553]

Thank you!!! I sincerely appreciate that!!!

[Anonymous]

You are very welcome

[haulingthescoreup]

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@aftermath wrote:

I hate to rain on your party but, everyone who applies for a Penfed CC get's to the screen where it shows what limit they would approve you for IF you are approved.

My application told me that I was eligible for up to $10,000 (self populated by Penfed's system).

I was denied.

I tried to recon... denied.

Reason?   A 5 year old CO.

The underwriter told me that ANY CO, paid or unpaid results in an immediate denial.

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Ouch, I didn't realize this.

I will attempt to add it to my memory, but I'm not optimistic of its remaining there for any significant length of time.

[DI]

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@aftermath wrote:

I hate to rain on your party but, everyone who applies for a Penfed CC get's to the screen where it shows what limit they would approve you for IF you are approved.

My application told me that I was eligible for up to $10,000 (self populated by Penfed's system).

I was denied.

I tried to recon... denied.

Reason?   A 5 year old CO.

The underwriter told me that ANY CO, paid or unpaid results in an immediate denial.

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I never experienced that with PenFed.  I was  approved for $1000 and it wasn't instantly. 

[GreenThumb553]

So there's still hope!!! I'm still waiting. It's pending...

[hedgeclipper2]

*crosses fingers*

[aftermath]

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@sarahscott1561 wrote:
So there's still hope!!! I'm still waiting. It's pending...

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It sure is taking a long time for your application to be approved.

You sure you submitted it?