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PenFed Fico Score 9 Update

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credit_endurance
Valued Contributor

Re: PenFed Fico Score 9 Update


@AllZero wrote:

@credit_endurance wrote:
Thanks AllZero for the insight. I did actually go through some of the process to see what type of language it would give me and it’s quite confusing to say the least. Really not sure if it sp or hp. I will try and get a screen shot of it a post it when I can.

I agree. It is a little confusing. See link for examle screen shot. It should be a soft pull.

 

https://ficoforums.myfico.com/t5/Credit-Cards/Maximizing-aggregate-credit-PenFed-offer/m-p/5749126/h...


@AllZero, they did actually give me the option to apply the amount to my existing Powercash rewards just for an added data point. So we will see. Looks like a sp as I have recieved no alerts. But I will have to wait on the account to reflect the change to believe this actually happened Smiley HappySmiley Wink

Starting FICO08 Scores 2016 All in the mid 500’s
Current FICO08 Scores SEP 2023 (TU 834) (EQ 831 (EXP 831)

“The credit is no longer bruised, it has endured the test of time” (formally know as bruisedcredit)

Message 61 of 76
credit_endurance
Valued Contributor

Re: PenFed Fico Score 9 Update


@AverageJoesCredit wrote:
Actually i shouldnt talk. With my luck id go to check my new PF account and get one. My credit stars have been aligning recently with me breaking my $500 streak with Disco, Navy giving me auto luv to break $20k, would be just my (mis)fortuneSmiley Wink

Yes AJC you have been on quite a roll. And a belated congrats on the Navy auto luv! I really think anything is possible right now esp looking at my case with PenFed. Joined dirty and will remain that way until next year. Just simply got my utili down and now am I am looking kinda attractive again to my lending foes. Smiley HappySmiley Wink

Starting FICO08 Scores 2016 All in the mid 500’s
Current FICO08 Scores SEP 2023 (TU 834) (EQ 831 (EXP 831)

“The credit is no longer bruised, it has endured the test of time” (formally know as bruisedcredit)

Message 62 of 76
AllZero
Mega Contributor

Re: PenFed Fico Score 9 Update

Congratulations on your CLI! That's a mighty fine limit.

Check your application tab for status. It might take a day or so for update.

Thanks for sharing the screen shots and providing additional data points.

I was too excited when I got my offer and only did one screen shot. I was just mouse clicking too fast to get to the CLI.
Message 63 of 76
credit_endurance
Valued Contributor

Re: PenFed Fico Score 9 Update

Thanks AllZero for that thread provided. Very informative in my process! Thanks again!Smiley Happy

Starting FICO08 Scores 2016 All in the mid 500’s
Current FICO08 Scores SEP 2023 (TU 834) (EQ 831 (EXP 831)

“The credit is no longer bruised, it has endured the test of time” (formally know as bruisedcredit)

Message 64 of 76
AllZero
Mega Contributor

Re: PenFed Fico Score 9 Update

You're welcome. Just paying it forward with all the data I've read and absorded. Thank you to all the members that have contributed.

Have fun using the card.
Message 65 of 76
Physh1
Frequent Contributor

Re: PenFed Fico Score 9 Update

I haven't had an offer from them for 1.5 years....since my Power Cash maxed out at $50k & I paid off my personal loan with them I've seen no love.

Message 66 of 76
Jnbmom
Credit Mentor

Re: PenFed Fico Score 9 Update

Just a side note. I have never  had any offers other than that lovely turbo .

 

Just recently cold apped and got the power rewards card 15K and 5K increase on the gold and 2K increase on the promise.

 

So it is possible to get something when there are no offers present, however it's always better and more exciting to get offers. 

EXP 780 EQ 796 TU 810
Message 67 of 76
K-in-Boston
Epic Contributor

Re: PenFed Fico Score 9 Update


@Jnbmom wrote:

Just a side note. I have never  had any offers other than that lovely turbo .

 

Just recently cold apped and got the power rewards card 15K and 5K increase on the gold and 2K increase on the promise.

 

So it is possible to get something when there are no offers present, however it's always better and more exciting to get offers. 


Oh I've certainly had approvals for new products and CLIs, but in my case I just want to the SP CLIs of $500 each on my two cards since they're at $19,500 and $29,500.  And certainly not taking a HP for a pair of $500 increases since there's a $50k max.  LOL

Message 68 of 76
AverageJoesCredit
Legendary Contributor

Re: PenFed Fico Score 9 Update

Lol, looked at my account, nothing as per usual , fico9 score still up from 2018Smiley Wink Good progressSmiley Happy
Message 69 of 76
Anonymous
Not applicable

Re: PenFed Fico Score 9 Update

This is helpful because I have to purchasing my townhome my score dropped and I didn't understand why someone would get penalized for a good credit

Message 70 of 76
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