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PenFed PLOC app process?

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Ardecko
Frequent Contributor

PenFed PLOC app process?

Anyone used the online application process to apply (cold) for PenFed's PLOC recently?

 

I tried this afternoon, but got an error message about my loan amount and payment combination wasn't valid.

 

Did you request 25k(max, I think?) on the app? Did you have any trouble? Do they counteroffer limits?

 

Thanks.

2017-09-09 FICO 08: EQ 677, TU 640, EX 705
2020-02-07 FICO 08: TU 789
2020-02-10 FICO 08: EX 752

Gardening, mostly, again until... soon(I need to replace my car)

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FinStar
Moderator Emeritus

Re: PenFed PLOC app process?

The application process is fairly straightforward.  Just keep in mind that they have capped the request amount to $20K, IIRC.  If you request anything higher it may yield an error.  They can counter-offer sometimes, but it's profile-dependent.

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