@LawStudentCivilis wrote:
The following information may be a little helpful for some as a DP. PenFed reported my new card approximately 20 days from the date of approval, and 9 days from the date of receipt/activation.
A week or so after approval I wondered to myself about a rough time frame when new cards are typically reported. I don't remember coming across this information from my many searches on this forum. So hopefully this is useful to someone.
TransUnion has not updated, or it may not have been reported to TransUnion just yet. Time will tell.
WOW, you have seen nothing yet! I've been with PenFed for 6 years. (I got 2 cards at the end of 2014 and I honestly don't remember when they first reported.) I refinanced my auto loan in Feb 2019 with them, I put the app in on 2/1/2019 (approved), was reported the next day on Experian 2/2/2019. I will research Equifax and TU to determine when they were added and repost in a day or two after I have time to find it.
So the reason I'm looking for this info is I got approved today for the PenFed $20k peronal loan and I wanted to know if anyone else has had one to see how it took to report because I want to apply for more stuff before it does.
FYI - it was the easiest loan or credit I've ever gotten. I didn't even have fill more than a couple of fields, it pulled everything from my account and populated the form before I submitted. no docs, no questions, no nothing. I e-signed and I'm expecting it in my account by the morning. 6yrs, $450/mn 13% (12.99 to be exact)
