DEBT CONSOLIDATION

Simplify and save.

Consolidate high-interest rate accounts into one manageable monthly payment.

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

Simplify your debt

Lower your monthly payments, reduce your interest rate, or simply pay less total interest on an existing loan or credit line. PenFed can change your finances with a debt consolidation loan in days.

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

The benefits of a debt consolidation personal loan

SIMPLIFY WITH A SINGLE PAYMENT

Funds in your account through a smooth and quick process

GET A FIXED RATE

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

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

SAVE MONEY ON INTEREST

Avoid charging your expenses on multiple high-interest credit cards

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

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

Additional personal loans

How else can we help?

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.

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