So I've been a member of Penfed for over 3 years now. I only applied for a card when I first got my membership (and was denied). Recently, they've been sending me invitations to apply for the Platinum Rewards Visa. It has a range of apr, but they've never sent me these in the 3 years I've had them. Should I apply or continue to wait. My credit scores are about 680.
@bourgogne wrote:
@PinkPanther3719 wrote:
So I've been a member of Penfed for over 3 years now. I only applied for a card when I first got my membership (and was denied). Recently, they've been sending me invitations to apply for the Platinum Rewards Visa. It has a range of apr, but they've never sent me these in the 3 years I've had them. Should I apply or continue to wait. My credit scores are about 680.Hi, where are you getting 680 from? I see EQ=619 and that is what they pull. imo you are wasting a hard pull for nothing, there is little chance that you will get a card or one that will amount to much. what are holding your scored down?
If you notice, that's from around May. They've gone up. I just haven't updated my signature. And I had an authorized user that I was trying to help, max out the card and is slowly paying it down.
@bourgogne wrote:
@PinkPanther3719 wrote:
@bourgogne wrote:
@PinkPanther3719 wrote:
So I've been a member of Penfed for over 3 years now. I only applied for a card when I first got my membership (and was denied). Recently, they've been sending me invitations to apply for the Platinum Rewards Visa. It has a range of apr, but they've never sent me these in the 3 years I've had them. Should I apply or continue to wait. My credit scores are about 680.Hi, where are you getting 680 from? I see EQ=619 and that is what they pull. imo you are wasting a hard pull for nothing, there is little chance that you will get a card or one that will amount to much. what are holding your scored down?
If you notice, that's from around May. They've gone up. I just haven't updated my signature. And I had an authorized user that I was trying to help, max out the card and is slowly paying it down.
your EQ went from 619 to 680 in 2-3 months? if so then you don't need this board, you have the magic touch lol. it's all in the details my friend, if your EQ is north of 700 then you have a good shot with penfed - if not, well then not so much. post what happens and good luck!
Not really. I just used my taxes to pay off almost all my credit card debts. Then I received limit increases. So my utilization is very low (besides the maxed card, which will have effect next month), perfect payment history, my aaoa is almost 4 years, and the only new account I have is my car loan. The rest are about 1 year old and no new inquires except one for my car.
Good luck OP If you decide to try. If its something you want and can use, sometimes the hard pull is worth it if not only to see where you stand
im a 3 month member myself but from what i understand their score is different from a fico8 score. In the end, if you apply and are denied, you can always recon and plead your case. It seems many on this board have had some success with reconning a denial. Penfed seems like a great cu thats willing to hear your problems and help solve them if they can. Best of luck again
im a 3 month member myself but from what i understand their score is different from a fico8 score. In the end, if you apply and are denied, you can always recon and plead your case. It seems many on this board have had some success with reconning a denial. Penfed seems like a great cu thats willing to hear your problems and help solve them if they can. Best of luck again
