PenFed Student Loan Refinancing Profile
TYPES OF INTEREST RATES
Fixed and Variable
As low as 2.96%*
5, 8, 12 and 15 years
PenFed is a nationwide credit union with 1.5 million members. As a nonprofit it can offer really low interest rates. PenFed has flexible terms (8 and 12 year student loan refinancing) and unique programs (such as spouse loans) allowing individuals and couples to consolidate their federal and private student loans into a single loan.
Citizenship: Be a US citizen
Loan Size: Aggregate student loan balances between $7,500 and $300,000 are eligible for refinancing
School: Any Title IV school is eligible to refinance with PenFed
Degree: Undergraduate and graduate student loans are eligible
Rates Valid as of December 01, 2018
3.75 - 6.49%
4.37 - 6.08%
4.26 - 6.54%
2.96 - 5.93%
4.69 - 6.59%
4.89 - 7.70%
4.91 - 7.03%
4.62 - 6.43%
Pentagon Federal Credit Union (PenFed)
PenFed powered by Purefy
If you’re feeling overwhelmed with student loan debt, refinancing your student loans could be the solution you've been searching for.
Learn about that factors that influence the rate you qualify for when you refinance so you can maximize your offer.
Learn what your deferment and forbearance is and what happens to these benefits if you choose to consolidate or refinance.
Considering refinancing your student loans? Learn the pros and cons of fixed and variable rate loans.
Learn More About Student Loans
The average graduate who refinances with Credible saves $18,668