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Penfed LOC CLI - Has anyone tried the process?

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RickNATL
Established Contributor

Penfed LOC CLI - Has anyone tried the process?

I have had a Penfed LOC for while at $15K. I am thinking of going for another $5k; however, not sure if the process is HP, etc.  Has anyone gone through the process?  Thank you.

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FinStar
Moderator Emeritus

Re: Penfed LOC CLI - Has anyone tried the process?


@RickNATL wrote:

I have had a Penfed LOC for while at $15K. I am thinking of going for another $5k; however, not sure if the process is HP, etc.  Has anyone gone through the process?  Thank you.


The max IIRC is $20K these days.  It'll be a HP.  They're typically more conservative on PLOC CLIs than they are on CCs.  Good luck if you decide to go through with it.

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