Personal Loans

DEBT CONSOLIDATION

Simplify and save.

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

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

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.

CHECK YOUR RATE

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

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

CHECK YOUR RATE

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 % APR*
  • Terms up to 60 months
  • Loans up to $
  • 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
CHECK YOUR RATE

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

Explore the possibilities

Additional personal loans

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 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 conditions may apply.

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.

1Loan Payment Example: A $ personal loan financed at % APR would amount to 60 monthly payments of approximately $676.49 each.

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