Learn to easily apply for the PenFed Credit Union Personal Loans

Do you have questions about how to apply for the PenFed Credit Union Person Loans? Here you'll find the answers to make the application without hassles. Keep reading!


PenFed Credit Union Personal Loans application: Pre-qualify online without any costs!

PenFed Credit Union logo
Get a scoop on how this personal loan works. Read on! Source: PenFed

Do you want to learn how to apply for PenFed Credit Union Personal Loans? They offer a simple and easy application process that makes it easy to get the money you need.



PenFed Credit Union

No hidden fees Low rates

Pre-qualification. Up to $50,000 in loan amounts.

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Get the scoop on how to apply today and get started on your dream project or purchase. Read on!

Online application

Asian woman use laptop and calculator calculate working project budget in kitchen at home
Follow this guideline to apply for a personal loan without hassles. Keep reading! Source: Adobe Stock

Applying for a PenFed personal loan doesn’t require a membership at first. You can start the process by filling out a form with some information that will help PenFed get to know you better.

That includes the reason for your application, proof of your annual income, and your Social Security number.

Then you can find the personal loan you want on the PenFed website and check your rate. If you are a member, you jump straight to the log-in section and begin the application.

Conversely, you can start your membership and account application if you aren’t a member yet.

Once you submit your application, PenFed will analyze your profile and respond with an approval or denial answer.


As requirements for the PenFed Credit Union Personal Loan, you must:

  • Be more than 18 years old;
  • Have a valid Social Security number;
  • Have at least a 600 FICO score ( which most lenders require);
  • Have proof of income.

Apply using the app

The PenFed Mobile banking app is designed to help you manage all your accounts. Also, you can track loan application status.

So, you can’t make an application for a loan in the app, but it’s possible to manage your loan.

PenFed Credit Union Personal Loans vs. Honest Loans: which one is the best?

On the one hand,  PenFed Credit Union Personal Loans are good for military members or anyone willing to join them and apply for a loan.

On the other hand, you can find many kinds of loans with Honest Loans, from different lenders to different people.

Compare the loans, and see which one could be an option.

Multiple personalized credit card offers

Applying won't hurt your credit score

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PenFed Credit Union Personal Loans

  • APR: Variable APR of 7.74% to 17.99%;
  • Loan Purpose: Debt consolidation, home improvement, transportation, medical & dental, life and events;
  • Loan Amounts: From $600 to $50,000;
  • Credit Needed: 690 or higher;
  • Origination Fee: It doesn’t charge an origination fee;
  • Late Fee: You’ll be charged a fee after some days from your repayment due date if you don’t make your payments;
  • Early Payoff Penalty: It doesn’t charge an early payoff penalty.

Honest Loans

  • APR: The APR will vary according to the lender terms, based on your creditworthiness, loan size, and other things;
  • Loan Purpose: There are loans for many purposes. You can choose between Personal Loans, Cash Advance Loans, Installment Loans, and Emergency Loans;
  • Loan Amounts: From $100 to $50,000;
  • Credit Needed: No credit check at Honest Loans (but the lenders might consider it);
  • Origination Fee: It varies according to the lender and State;
  • Late Fee: It varies according to the lender and State;
  • Early Payoff Penalty: It varies according to the lender and State.

Are you interested in learning more about Honest Loans? Check out our post below!

Honest Loans logo

How to apply for Honest Loans

Get a loan for an emergency, pay your bills, or even a personal goal. Learn how to apply for Honest Loans. Keep reading!

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