Re: Who has a lower PenFed PLOC limit than me?

Anonymous · ‎05-08-2015

@RSCo wrote:
I'm at $500.00... It's the most ridiculous thing I've seen....

Wow.. I wonder how Penfed decides the limit. That is such a ridiculous limit.

RSCo · ‎05-08-2015

@Anonymous wrote:
@RSCo wrote:
I'm at $500.00... It's the most ridiculous thing I've seen....
Wow.. I wonder how Penfed decides the limit. That is such a ridiculous limit.

I have no idea... It's crazy.. My partner has an extensive banking relationship with them and has never seen any oddities.. Well, expect for me..

$30,500

$18,500

NPSL

$15,000

$10,000

$25,000

$32,000

BigBS · ‎05-08-2015

They give limits up to $25k, but the web says that anything over $15k requires additional info. Not sure what that is. I can say you have a lower limit than I since mine sits at $10k.

Score: EQ(809) EX(819) TU(800)
INQs: EQ(7) EX(16) TU(8)
Last INQ: 13 Jul 23

Total Credit Limit - $2.0M

youdontkillmoney · ‎05-08-2015

Ok! Great, I am not the lowest at $1k. ; )

Anonymous · ‎05-08-2015

Yes, mine is also "0".

ojefferyo · ‎05-09-2015

@BigBS wrote:
They give limits up to $25k, but the web says that anything over $15k requires additional info. Not sure what that is. I can say you have a lower limit than I since mine sits at $10k.

They asked for the last 2 pay stubs from me.

Amex Platinum, Amex Hilton HHonors Surpass, Chase Southwest Premier, Chase Marriott Rewards Premier, Discover IT, Sony Visa, Barclay Arrival+ MC, Cabela Visa, Walmart SC, Amazon SC, Kohls, Diners Club Premier, PayPal Credit, PenFed Platinum Reward Visa, PenFed PLOC, Chase Ritz Carlton, Citi TY Premier, Amex BCP, Discover Miles, Care Credit, Blue Nile SC, iComfort SC, Cap1 Venture, Chase Hyatt, Lowes, US Bank Cash+, Citi Costco Visa

BigBS · ‎05-09-2015

@ojefferyo wrote:
@BigBS wrote:
They give limits up to $25k, but the web says that anything over $15k requires additional info. Not sure what that is. I can say you have a lower limit than I since mine sits at $10k.
They asked for the last 2 pay stubs from me.

What's your limit if you don't mind me asking?

Score: EQ(809) EX(819) TU(800)
INQs: EQ(7) EX(16) TU(8)
Last INQ: 13 Jul 23

Total Credit Limit - $2.0M

UFGuy2006 · ‎05-09-2015

I received a pre approval for the 25k... Already had a cc at 50k so I figured they would take 25k from the existing line. To my surprise they didn't and I lucked out without needing to provide documentation.

ojefferyo · ‎05-09-2015

@BigBS wrote:
@ojefferyo wrote:
@BigBS wrote:
They give limits up to $25k, but the web says that anything over $15k requires additional info. Not sure what that is. I can say you have a lower limit than I since mine sits at $10k.
They asked for the last 2 pay stubs from me.
What's your limit if you don't mind me asking?

$20k

Amex Platinum, Amex Hilton HHonors Surpass, Chase Southwest Premier, Chase Marriott Rewards Premier, Discover IT, Sony Visa, Barclay Arrival+ MC, Cabela Visa, Walmart SC, Amazon SC, Kohls, Diners Club Premier, PayPal Credit, PenFed Platinum Reward Visa, PenFed PLOC, Chase Ritz Carlton, Citi TY Premier, Amex BCP, Discover Miles, Care Credit, Blue Nile SC, iComfort SC, Cap1 Venture, Chase Hyatt, Lowes, US Bank Cash+, Citi Costco Visa

Anonymous · ‎05-09-2015

My Promise CC from them only got 3k approval @7.99 but
a few days later I app'd for PLOC and asked for and got 10K.

(Have yet to recieve the checks.. ?)

My report was pretty spotless but I make under 50k..

Doing this to establish future loan relationships with them

Who has a lower PenFed PLOC limit than me?

Get your FICO® Score for free