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Bill Consolidation Loan


Feeling overwhelmed by multiple debt payments? With debt consolidation, you can combine unsecured debts into one loan with a lower interest rate.

Apply Now

Apply before becoming a member.

After your application, we’ll help you:

1. Discover you’re eligible to become a PenFed member

2. Open a Savings/Share Account and deposit at least $5

ORGANIZE YOUR FINANCES IN A BETTER WAY

Allow yourself to become debt free quicker when you consolidate with a fixed interest rate. Save on the amount of interest you are charged each month.

APR AS LOW AS* TERM LOAN AMOUNT APPROX. LOAN PMT. ($15,000 loan)
%
36 months
$ - $ $
%
48 months
$ - $ $
%
60 months
$ - $ $

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 application and credit information. Not all applicants will qualify for the lowest rate. Rates quoted assume excellent borrower credit history.

Loan amount determines rate and term. All loans are subject to a minimum monthly payment of $50. PenFed does not permit internal refinances of an existing PenFed Personal loan.

Features & Benefits

  • APR as low as 6.49%*
  • Terms up to 60 months
  • No origination fee for fixed loans up to $25,000

Quick Approval

Apply for a loan today and get approved as soon as tomorrow. Our fast approval process will put more time back into your life, so you can enjoy what really matters. 

Details and Disclosures: Print IconPrint

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 application and credit information. Not all applicants will qualify for the lowest rate. Rates quoted assume excellent borrower credit history.

In order to consolidate an existing PenFed loan, line of credit, or credit card, the current rate must be equal to or greater than the rate on your existing PenFed loan, line of credit, or credit card. Loan amount determines rate and term. PenFed does not permit internal refinances of an existing PenFed Bill Consolidation loan.

All loans are subject to a minimum monthly payment of $50.

LEARN

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