Wondering if this has happened to anyone. I accepted a Q4 offer for a CLI on my Promise VISA. It took it from $10,500 to $35,400. Now it took almost a week to reflect my new limit and several phone calls, with one of the reps saying they were trying to add the CLI to a card I didn’t have instead of the card on file so that caused the delay. It finally updated, no big deal.
Today I received an alert that a new account had reported to the CRAs. When I looked, I noticed THREE PenFed accounts. I only have two account with PenFed (the Promise and the Gold). The third account is showing as opened on 1/7/19 with a limit of $35,400 and then closed by consumer a few days later. So it appears they pushed a new account to my report with my CLI, same account number. This doesn’t seem right to me. Definitely going to call PenFed but not looking forward to trying to figure this out.
Anyone? Suggestions?
Today I received an alert that a new account had reported to the CRAs. When I looked, I noticed THREE PenFed accounts. I only have two account with PenFed (the Promise and the Gold). The third account is showing as opened on 1/7/19 with a limit of $35,400 and then closed by consumer a few days later. So it appears they pushed a new account to my report with my CLI, same account number. This doesn’t seem right to me. Definitely going to call PenFed but not looking forward to trying to figure this out.
Anyone? Suggestions?
@UpperNwGuy wrote:My experience with PenFed's screwups with the credit bureaus is that they are very reluctant to correct errors even when they are PenFed's fault. You may need to deal directly with the credit bureaus and file a correction in which you point out that the same card number was on two different accounts. The credit bureaus will contact PenFed, and suddenly everything will be fixed.
Correction:
"suddenly everything will be fixed maybe."
I did call, they offered to submit a correction request asap (had to fax in a copy of my report). Hopefully they follow through, but I’ll keep an eye on it. They did follow through on removing an inquiry several months ago (well, they ended up removing both instead of just the one) so fingers crossed.
I wasn’t sure if initiating the dispute directly through the CRA would put any type of verbiage on my report or anything like that, so I was hesitant to go that route. But that will be my next step if this doesn’t go anywhere. I knew my CLI offer was too good to be true to go smoothly... ha!
I wasn’t sure if initiating the dispute directly through the CRA would put any type of verbiage on my report or anything like that, so I was hesitant to go that route. But that will be my next step if this doesn’t go anywhere. I knew my CLI offer was too good to be true to go smoothly... ha!
And there it is... alerts for Equifax and Experian, too. 🤦🏻♀️ Sigh.
PenFed says they are sending the dispute/correction to all bureaus. Any benefit to me disputing on my end too, or should I just let them (hopefully) do their thing?
PenFed says they are sending the dispute/correction to all bureaus. Any benefit to me disputing on my end too, or should I just let them (hopefully) do their thing?