Personal Loans


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

  • Rates as low as % APR*
  • Check your rate without affecting your credit score!

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

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

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

What's the process?

Select from multiple pre-approved offers

Receive your money in 1-2 business days after verification

Apply Online

Explore the possibilities 

try our 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.



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?

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 eligibility requirements may apply.

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

The initial inquiry will be a soft pull that will 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.

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