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Hey Guys,
Hoping to collect information from those with PenFed. I am about to go on a small spree and would like to raise my CL of PenFed Promise from the starting at $22k and also get a PLOC. WIth that in mind people with PenFed can you please tell me your
1)overall exposure with them?
2)which products?
3)income on application?
4)fico scores and highest limit at the time?
Thanks in advance!
@signaturecardmember wrote:Hey Guys,
Hoping to collect information from those with PenFed. I am about to go on a small spree and would like to raise my CL of PenFed Promise from the starting at $22k and also get a PLOC. WIth that in mind people with PenFed can you please tell me your
1)overall exposure with them?
2)which products?
3)income on application?
4)fico scores and highest limit at the time?
Thanks in advance!
1. $30K
2. Promise
3. Enough
4. All around 800 and $25K at the time.
November 2014:
1a) $500 secured card, $46k total revolving open balances on $127k limits, 34% overall utilization, denial for regular CC.
4a) 720 FICO, $14k was highest open non-closed card at the time.
December 2015:
1b) $16,500 Promise after a year on the $500 Secured, Open balances $25k TU Revolving Balance on $221k non-closed, reporting limits.
4b) 749 FICO, $30k Venture highest limit card.
Good luck!
@signaturecardmember wrote:
fico scores and highest limit at the time?
Keep in mind that PenFed uses EQ FICO NextGen2 -- the score that they provide.
Even with all this info (which isn't everything to begin with) you're not going to reverse engineer the details of their underwriting critieria. If you want the CLI then request it. If your credit and income qualify you'll get it.