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Yikes. Rattled. Penfed ploc

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Frequent Contributor

Re: Yikes. Rattled. Penfed ploc

Thanks all..way excited. Has been a journey and I need to rest for awhile and let my plants grow.

wandering builder: thought they would ask for all kinds of docs since it was Asst mngr in UW..was ready to quickly attach in email, instead the truth on high inquiries and why so many new
accts in last couple years. Was rebuilding...fessed up. Good luck!! 😉
(Fico scores 580s 6/2014 - Now 720 EX 709 EQ 735 TU) FINALLY made it in the 700 Club.
Message 11 of 17
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Senior Contributor

Re: Yikes. Rattled. Penfed ploc


@azdesert wrote:
Thanks all..way excited. Has been a journey and I need to rest for awhile and let my plants grow.

wandering builder: thought they would ask for all kinds of docs since it was Asst mngr in UW..was ready to quickly attach in email, instead the truth on high inquiries and why so many new
accts in last couple years. Was rebuilding...fessed up. Good luck!! 😉

   Docs required for PLOC of 15k and more.

 

   Is this tied to your Checking account or are checks on PLOC issued themselves?

 

   Congrats AZ!

Message 12 of 17
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Frequent Contributor

Re: Yikes. Rattled. Penfed ploc

UW made it sound easy. Either transfer to my checking and write a check or request checks for ploc. Ty. 😉
(Fico scores 580s 6/2014 - Now 720 EX 709 EQ 735 TU) FINALLY made it in the 700 Club.
Message 13 of 17
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Super Contributor

Re: Yikes. Rattled. Penfed ploc


@elim wrote:

@azdesert wrote:
Thanks all..way excited. Has been a journey and I need to rest for awhile and let my plants grow.

wandering builder: thought they would ask for all kinds of docs since it was Asst mngr in UW..was ready to quickly attach in email, instead the truth on high inquiries and why so many new
accts in last couple years. Was rebuilding...fessed up. Good luck!! 😉

   Docs required for PLOC of 15k and more.

 

   Is this tied to your Checking account or are checks on PLOC issued themselves?

 

   Congrats AZ!


Not always. Someone was approved for $25k ploc no docs.

Message 14 of 17
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Valued Contributor

Re: Yikes. Rattled. Penfed ploc

Congrats on you PLOC......does the APR vary?

Message 15 of 17
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Senior Contributor

Re: Yikes. Rattled. Penfed ploc


@joedtx wrote:

Congrats on you PLOC......does the APR vary?


   

Key Features
  • Low rate of Prime + 7%, adjusted quarterly
  • Credit lines up to $25,000
  • Free checks
     
Benefits
  • Available funds when you need them, anytime, for anything you want
  • Payments based on amount you actually use, not on amount of your line of credit
  • Use your line anywhere you would use a check
Message 16 of 17
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Valued Contributor

Re: Yikes. Rattled. Penfed ploc

Congrats on that OP!
                               

Total Credit: $240,100Credit Utilization: 1%AAoA: 5 years, 7 monthsInstallments: Car Lease, Marcus LoanNegatives: 0

LOWES-35k | BOA-32.5k | AMEX-30k | DISC-27.1k | ALLIANT-25k | NFCU-25k | BARC-15k | BBUY-12k | CHASE-10k | WAL-10k | CITI-9.7k | PENFED-9.7k


Message 17 of 17
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