Loans (US)
How to apply for PenFed Credit Union Personal Loans?
Want to get a loan quickly and with flexible rates? If so, read our post to learn how to apply for PenFed Credit Union Personal Loans!
PenFed Credit Union Personal Loans application: funds in up to 2 business days!
Do you need loan funds in your account as soon as two business days after submitting your application? If so, you can read on to learn how to apply for PenFed Credit Union Personal Loans here!
Plus, a wide range of personal loans related to medical and even wedding purposes are available. So you’re sure to find one that fits your needs. Apply online today and see how easy it is to get the money you need!
And you can keep reading to learn all about how to apply for PenFed Credit Union Personal Loans and get access to their flexible rates and incredible loan terms. So, read on!
Online Application Process
You can easily apply online for a loan through PenFed Credit Union Personal Loans. Also, you’ll be able to check your rate for the loan you need before you start the application process.
Moreover, you’ll need to provide the personal information required, such as your home address, full name, SSN, and more!
However, you should know that you need a credit score of at least 650 (good) to qualify. But while you check your rate before applying, you won’t get a hard credit check on your score!
You will be redirected to another website
By submitting this form, I agree that I am 18+ years old and I agree to the Privacy Policy and Terms and Conditions. I also provide my signature giving express consent to receive marketing communications via automated emails, SMS or MMS text messages and other forms of communication regarding financial products such as credit card and loans. Message frequency varies and represents our good faith effort to reach you regarding your inquiry. Message and data rates may apply. Text HELP for help or text STOP to cancel. I understand that my consent to receive communications is not a condition of purchase and I may revoke my consent at any time.
Application Process using the app
With the PenFed Credit Union mobile app, you’ll be able to access your accounts with PenFed and manage them.
Also, you’ll be able to manage your loans. However, you’ll need to complete the application process through the website!
PenFed Credit Union Personal Loans vs. Oportun Personal Loans
If you’re not so interested in getting a loan through PenFed Credit Union Personal Loans, we can help you with a different option. With Oportun Personal Loans, you can find a loan even with a low score.
On the other hand, with PenFed, you’ll need a credit score ranging from good to excellent to get a chance of approval. So, with Oportun, you’ll find loans for all credit score types.
Moreover, with Oportun, you’ll be able to see if you pre-qualify for a loan with no harm to your credit score! This way, you won’t have to worry about lowering your score during the application.
And if you want to learn more about this lender and how it compares to PenFed Credit Union Personal Loans, check out our comparison table below!
| PenFed Credit Union Personal Loans | Oportun Personal Loans | |
| APR | 7.74% to 17.99%. | Up to 35.99%. |
| Loan Purpose | Home improvement, medical and dental purposes, weddings, transportation, debt consolidation, and other personal purposes. | Home improvement, car repair, rental deposit, vacation, medical bills, and other personal emergencies. |
| Loan Amounts | $600 to $50,000. | From $300 to $12,000. |
| Credit Needed | 650 to 760. | Loans for any credit type. |
| Terms | Up to 60 months (depending on loan amounts and other factors). | The terms depend on the loan type and state you live in. |
| Origination Fee | PenFed Credit Union Personal Loans charges no origination fees. | N/A. |
| Late Fee | Your late fees depend on the late amount and loan terms. | There can be a late fee if you don’t repay your loan on time. |
| Early Payoff Penalty | No early payoff penalties. | N/A. |
If you’d like to learn more about Oportun Personal Loans, read the following content with a full review.
Oportun Personal Loans review
Check out the Oportun Personal Loans review article to learn all there is about it and decide if it could help you with your financial situation.
About the author / Victória Lourenço
Reviewed by / Aline Barbosa
Senior Editor
Trending Topics
What is a medical credit card?
What is a medical credit card? Read this post to learn all about it, and check the list of the best ones available for you to choose from.
Keep Reading
Marriott Bonvoy Bold® Credit Card full review: Elite credits!
Looking for a travel credit card with elite night credit and no annual fee? If so, read our Marriott Bonvoy Bold® Credit Card review!
Keep Reading
How to apply for the PenFed Pathfinder® Rewards Visa Signature® card?
To get the best travel perks, read our post about the PenFed Pathfinder® Rewards Visa Signature® card application and apply today!
Keep ReadingYou may also like
Learn to apply easily for the Bad Credit Loans
Have you been struggling because of your bad credit score? Here is how you can apply for a loan with Bad Credit Loans to forget any hassles. Read on!
Keep Reading
Chase Freedom Unlimited® review: is it worth it?
Chase Freedom Unlimited® is a simple, straightforward product. Its 1.5% cash back on all purchases makes it easy to earn rewards no matter where you shop. And, there's no annual fee! Read our review to learn about its features.
Keep Reading
What are the chances of the US going into another recession?
The prospect of a recession is looming large in America. But how high could that risk actually be? In this article we’ll cover what could cause it, and how you can prepare for it. Read on to find more out about!
Keep Reading