Personal Loans

PERSONAL LOANS

Turn your tax bill into small monthly payments
  • Rates as low as % APR 1
CHECK YOUR RATE

Not a problem, anyone can join. Apply now and we'll create your membership during this application.

A smart solution for your tax bill

Do you owe more than you expected on your taxes? A PenFed Tax Loan can help you pay off unexpected tax bills with minimal effort. Finance a tax bill for up to 60 months at interest rates as low as % APR1 with no collateral requirements. Check your rate without impacting your credit score.2

CHECK YOUR RATE

Not a problem, anyone can join. Apply now and we'll create your membership during this application.

What makes a PenFed Personal Loan different?

Pre-qualify

Check your rate and see your monthly payment with no obligation and without impacting your credit score.2

See payment options

When you apply for a Personal Loan, PenFed provides up to 4 options with different payments.

Get your money fast

Fast loan decisioning and next day access to funds in a PenFed Checking Account once approved.3

CHECK YOUR RATE

Not a problem, anyone can join. Apply now and we'll create your membership during this application.

How to Use a Personal Loan To Pay Your Tax Bill

If you owe the IRS but don’t have the cash to pay your tax bill on time, a tax loan could help you finance the cost. We’ll explain how to use a tax loan, whether it’s the right option for you, and how to get started.

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Rates and offers current as of and are subject to change.

1 Your actual APR will be determined at the time of disbursement and will be based on your creditworthiness, which includes an evaluation of your credit history and the length of your PenFed membership. Not all applicants will qualify for the lowest rate. Rates quoted assume excellent borrower credit history. All loans are subject to a minimum monthly payment of $50. Loan amount determines term. PenFed does not allow personal loans for business/commercial purposes. Members can only get approved for a total of $ in Personal Loans across multiple applications. Other conditions may apply. Loan Payment Example: A $ personal loan financed at % APR; 60 monthly payments of approximately $ each.

2 The initial inquiry will be a soft pull that will not affect your credit score. If you choose to initiate a loan application after checking your rates, you will be required to authorize a full credit report inquiry, which would be considered a hard pull and may affect your credit.

3 Same day and next day funding available after account approval into PenFed Checking Accounts only. Next day funding through shipping available with an additional shipping cost for non-PenFed checking accounts.

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