PenFed Credit Union Personal Loan
Personal loans up to $50,000 with APR as low as 6.09% with autopay. Military-rooted credit union open to all Americans. Terms up to 60 months, no prepayment penalties.
Last checked on September 4, 2026. We may earn a commission when you click through.
PenFed Credit Union Personal Loan
Updated 1 month agoAPR Range
6.09%
Amount
—
Term
—
Type
personal_loan
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Our Verdict
Exceptional APRs from a military-rooted credit union — open to everyone but especially compelling for veterans.
Best For
Military members and veterans seeking some of the lowest personal loan APRs available, though open to all Americans.
Pros
- APR as low as 6.09% with autopay — among the lowest available
- Loans up to $50,000
- No prepayment penalties
- Rate check does not affect credit score
- Over 90 years serving military and defense communities
- Open to all Americans, not just military
Cons
- Best rates require autopay enrollment
- Maximum of $50,000 may be limiting for larger needs
- Military-affiliated roots but now open to everyone
- Terms capped at 60 months
About This Loan
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PenFed Credit Union Personal Loans
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Best for: Individuals with a credit score of at least 600 seeking personal loans for debt consolidation or home improvement.