Grace Enfield, Content Writer
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PenFed offers personal loans that can be used to cover medical expenses. PenFed’s personal loans offer $500 - $50,000 in funding with an APR range of 7.74% - 17.99%, repayment periods of 12 - 60 months and no origination fee.
PenFed Personal Loan Info
- Loan Amounts: $500 - $50,000
- Repayment Periods: 12 - 60 months
- APR Range: 7.74% - 17.99%
- Origination Fee: $0
- Credit Score Requirement: 600+ according to multiple third party sources
Before you officially apply for a loan, it’s a good idea to see if you pre-qualify. You can use the free pre-qualification tool on WalletHub to estimate your approval odds and your potential rates with multiple lenders at once.
PenFed also has credit cards that can be used to pay for medical expenses. The PenFed Pathfinder® Rewards Visa Signature® Card, for example, offers an introductory APR of Not Offered for new purchases.
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