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Penfed Rate Check

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4sallypat
Valued Contributor

Re: Penfed Signature Loan APPROVED!!!

Congrats on the approval!

 

I was in the same situation couple of years ago and had to do the same debt consolidation of much higher predatory CC rates.

After paying off the installment loan just a couple of months ago, my score shot way up - went from mid 600s to mid 700s.

 

Now I sock drawered the high APR cards away and the same lender (Upgrade) is hounding me to open up another line at a much lower rate...

 

It pays to continue what you are doing!

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