PERSONAL LOANS

The money you need, the
hassles you don't.

  • No origination fees
  • Rates as low as % APR*
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

Features of a personal loan

  • As low as 6.49% APR*
  • Terms up to 60 months
  • Funds could be available the next day**
  • Loans up to $
  • No title or deed required
  • No early payoff penalty
  • No origination fee
  • No hidden fees
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

What's the process?

  1. Apply online
  2. Review loan
  3. Receive your money in the mail
Apply Online Review loan and E-Sign Receive your money in the mail
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

Explore the possibilities

What will my payments be?

 
$
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

try our mobile app

MOBILE APP

Wherever you go,
take PenFed with you!

The PenFed Mobile banking app provides around-the-clock access to your PenFed accounts. Get transaction details, transfer balances, track loan application status, and much more! Deposit checks quickly and easily with your smartphone or tablet.

 

FAQs

Can I use a personal loan to pay off my credit card debt?

How much can I apply for?

What rates do you offer?

Can I pay off my loan early?

Do I need to submit collateral for a personal loan?

When will I receive my funds?

Do you charge an application fee?

Can I apply with a co-borrower?

Do I need to become a member to apply for a loan?

Do I need to become a member to get my loan?

Details and Disclosures Print Icon Print

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.

**Next day delivery option is available at an additional shipping cost.

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

Loan Payment Example: A $ personal loan financed at 6.49% APR would amount to 60 monthly payments of approximately $391.23 each.

PenFed PenFed, Inc FREE - On Google Play