PenFed was founded in 1935 as a credit union and offers personal loans as one pf its major financial services. Being among the largest of the credit unions in the USA, it has made instant cash available, in the form of personal loans, to its members.
- Website: https://www.penfed.org/
- Mobile App: Android | iPhone
- Telephone Number: 800-247-5626
- Headquartered In: Virginia
- Founded: 1935 (85 years ago)
- Company’s Rating:
PenFed is a credit union registered to offer online short-term loans to those earning monthly income. It helps to settle or solve short-term financial problems by making payday loans available to individuals who need it most. It eliminates the need to wait until a particular day to get your cash. Loans can be processed in a day to keep your needs in check. Below you will know how to login, change password and register as a new member:
HOW TO LOG IN
You can access your account, borrow money or make payments accordingly. It gives you an online platform to which you can manage your account and enjoy the benefits of being a member. The steps on how to login include:
Step 1: Copy the link https://www.penfed.org/, paste and go in our browser.
Step 2: At the homepage, you will find the My Account space. Enter your username and click the Login to Account button.
Access your account and manage it online
HOW TO CHANGE YOUR PASSWORD
At times, a password can be lost, and in trying to remember it, can prove to be impossible. You can avoid that hassle and reset the password to what you can remember. The steps below will help you achieve that:
Step 1: Still on the My Account space, below the Login to Account button, click the I need help logging in part.
Step 2: From the list that comes up, choose Forgot password.
Step 3: Start the process of being validated by clicking on the Let’s Get Started button. Follow the instructions by answering questions about your account details to retrieve your password.
HOW TO JOIN AND BECOME A MEMBER
Loan application for a non-member is a little different. You have to register as a member and then apply for a loan. The registration process is, however, fast, and it includes:
Step 1: At the homepage, below the PenFed logo on the far right, click the Join Now button.
Step 2: Enter your personal information including your names, email and phone number. Click continue to proceed to the next step to open an account and become a member for $5.
MANAGE YOUR PENFED ACCOUNT ONLINE
The benefits of being a member of PenFed are unlimited. You can manage your account online after logging in and get the following advantages:
- Reduced rates for personal loans you borrow.
- Access to financial education on how to handle your finances.
- Access to payday loans whenever you need with easy and fast online application.