PenFed Credit Union personal loans: APR, fees and requirements
What PenFed Credit Union publishes about its personal loans (6.39% to 17.99% APR), checked on the lender’s own pages, and how its starting rate compares with the other lenders on our list.
| Lender type | Credit union |
|---|---|
| APR range | 6.39% to 17.99% |
| Loan amounts | Up to $50,000 |
| Repayment terms | Up to 60 months |
| Origination fee | None |
| Minimum credit score | Not published |
| Membership | Yes: PenFed membership required; the page says 'Apply now and we'll create your membership during the application process.' |
| Availability | All loans subject to a minimum monthly payment of $50; loan amount determines rate and term. |
How the lender states its rates: “PenFed offers APRs ranging from 6.39% to 17.99%. 'Rates as low as 6.39% APR with autopay.' AutoPay discount of .25% is only available prior to loan funding. Rates without AutoPay are 0.25% points higher. Excellent credit required for lowest rate. Rates and offers current as of October 2026.”
How the starting rate compares
The lowest advertised APR, 6.39%, ranks 5 of 33 among the lenders on our list (1 is the lowest). The Federal Reserve's average for a 24-month personal loan at commercial banks was 11.90% (August 2026). Only borrowers with strong credit get a lender's lowest rate.
Similar lenders
Alliant Credit Union
Credit union
- APR
- From 9.49%
- Loan amounts
- $1,000 to $100,000
- Origination fee
- None
Navy Federal Credit Union
Credit union
- APR
- 8.74% to 18.00%
- Loan amounts
- $250 to $150,000
- Origination fee
- None
Patelco Credit Union
Credit union
- APR
- 6.99% to 17.90%
- Loan amounts
- $300 to $100,000
- Origination fee
- None
Checked on October 16, 2026 on the lender's website. Rates and terms change: confirm before you apply. penfed.org/personal-loans