PenFed Pre Approval

[Anonymous]

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@Ysettle4 wrote:
Same time as the FICO score updates, yes.

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Thanks for the great info. Learn something new everyday.

[CribDuchess]

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@corymcd88 wrote:

Has anyone gotten any PenFed Pre Approval or the 2th quarter FICO?

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I did receive pre-approved offers this quarter, they appeared in my online account on Saturday morning.  I am missing the FICO update.  As others stated, hopefully the FICO score will show up tomorrow.

[Anonymous]

Your post answered the question I was going to post.

I've been with PenFed since 9/8/16 and got a CC and PLOC in Dec-2016. I finally got the same offer list you got from your screenshot. 

For everyone does that mean you're pre-approved (not like getting BS pre-approval offers in the mail from vendors)?

Thanks

P.S. No FICO box showing when I log in either. 

[CribDuchess]

Hi CreditLuv,

Yes, it does mean you are pre-approved for those products, so there won't be a hard pull if you accept an offer. Definitely not a BS offer. 😉

Congratulations!!

[Anonymous]

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@Anonymous wrote:

Your post answered the question I was going to post.

I've been with PenFed since 9/8/16 and got a CC and PLOC in Dec-2016. I finally got the same offer list you got from your screenshot. 

For everyone does that mean you're pre-approved (not like getting BS pre-approval offers in the mail from vendors)?

Thanks

P.S. No FICO box showing when I log in either. 

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Could you share your previous FICO score from Penfed?

[MyLoFICO]

Wait a minute...When you join PenFed they have a page of pre-approvals that come up? So like you know what they are willing to approve you for and the limit? So this eliminates blind apping?

[CribDuchess]

Hi MyLoFICO,

The pre-approvals are offered quarterly, but not all members receive the quarterly offers. And, if a member receives pre-approved offers during one quarter, it doesn't mean they receive offers in the next quarter. It's pretty much a crap shoot.

Yes, receiving the pre-approved offers during a quarter does eliminate blind apping, as you know you are already approved for the products listed in your offer and there isn't a hard pull involved.

It's definitely a nice benefit.

[Anonymous]

Here you go @hoxuantu

[MyLoFICO]

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@CribDuchess wrote:
Hi MyLoFICO,

The pre-approvals are offered quarterly, but not all members receive the quarterly offers. And, if a member receives pre-approved offers during one quarter, it doesn't mean they receive offers in the next quarter. It's pretty much a crap shoot.

Yes, receiving the pre-approved offers during a quarter does eliminate blind apping, as you know you are already approved for the products listed in your offer and there isn't a hard pull involved.

It's definitely a nice benefit.

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Thanks. That is a pretty cool benefit. And I guess since they just hit for you guys, if I joined today it would be about 3 months before I saw anything, if I get offered anything at all. 

[Anonymous]

I dont see any fico scores when i login into penfed. I joined in feb 2017 and have penfed powercash rewards. All i see above the accounts tab is just 3 ads for car buying services, credit cards and mortgage. Where is the nextgen fico score?