Personal Loans
LIFE AND EVENTS
Big life, small payments.
Get the cash you need to support every milestone.

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

For all life's journeys

Turn almost any large purchase into convenient, monthly payments. Take the trip you've always wanted, throw the wedding of your dreams, or learn a new hobby.

 

Members have used a PenFed Life Loan for

  • Family vacations
  • Hobbies and sports
  • K-12 education
  • Tax Payments
  • Pets
  • Weddings

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

The benefits of a life personal loan

MONEY FOR LIFE'S EXPENSES

Turn almost any life expense into manageable monthly payments

GET A FIXED RATE

With an affordable fixed rate, all of your expenses can be bundled together

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

SAVE MONEY ON INTEREST

Avoid charging your expenses on multiple high-interest credit cards

Features of a personal loan

  • As low as 7.74% APR*
  • Terms up to 60 months
  • Loans up to $50,000
  • No early payoff penalty
  • No origination fee
  • No hidden fees

What's the process?

Select from multiple pre-approved offers

Receive your money in 1-2 business days after verification

Check your rate without affecting your credit score

Explore the possibilities 

Additional personal loans

DEBT CONSOLIDATION

Simplify and save

 

 

HOME IMPROVEMENT

Love your home even more

 

TRANSPORTATION

Keep your vehicle up and running

 

MEDICAL AND DENTAL

Peace of mind

 

 

Disclosures

Personal Loan rates range from % to % APR.

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

*Your actual APR will be determined at the time of disbursement and will be based on your loan term and 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. Other eligibility requirements may apply.

Loan Payment Example: A $ personal loan financed at % APR would amount to 36 monthly payments of approximately $ each.

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.

Loan amount determines rate and term. All loans are subject to a minimum monthly payment of $50.