Simplify your debt
How else can we help?
Consolidate high-interest rate accounts into one manageable monthly payment.
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.
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
SAVE MONEY ON INTEREST
Avoid charging your expenses on multiple high-interest credit cards
Explore the possibilities
What will my payments be?
Additional personal loans
HOME IMPROVEMENT
TRANSPORTATION
MEDICAL AND DENTAL
LIFE AND EVENTS
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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.
†The initial inquiry will be a soft pull that may 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.
Loan Payment Example: A $ personal loan financed at 6.49% APR would amount to 60 monthly payments of approximately $391.23 each.