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Is Penfed Forgiving?

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in4maous
Established Member

Is Penfed Forgiving?

Hi,

 

I had a Penfed CC and they closed my account with a balance.  I changed bank accounts and never updated my auto payments, so I was placed on a payback plan.  I paid it off early and my scores are higher, will Penfed offer many any new products if I applied for an auto loan?

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1 REPLY 1
gdale6
Moderator Emeritus

Re: Is Penfed Forgiving?


@in4maous wrote:

Hi,

 

I had a Penfed CC and they closed my account with a balance.  I changed bank accounts and never updated my auto payments, so I was placed on a payback plan.  I paid it off early and my scores are higher, will Penfed offer many any new products if I applied for an auto loan?


If you paid them in full then yes at some point you will be able to get new products.

Message 2 of 2
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