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Your credit score needs to be at least 550 to be eligible for an auto loan.

You can get approved within 24-hours or on the next business day.

PenFed Credit Union is the only loan company that will only use your Equifax credit data.

Yes, it operates in all fifty states in addition to the District of Columbia, Guam, Puerto Rico, and Okinawa.

Yes, PenFed requires you to sign up to become a member to be able to get any kind of loan

PenFed also offers student and personal loans, in addition to mortgage, home & equity loans.

No, it doesn't have a money-back guarantee, but it offers a test drive so that buyers can test the car's performance and safety before finalizing the paperwork.

PenFed offers multiple protection options, including a GAP warranty, Debt protection, and Extended warranty.

It takes up to 48 hours to get approved.

The prequalification lasts for 60-90 days.

Yes, it has a simple and easy online application, with a delivery option in case a buyer wants to get his/her vehicle to the doorstep.

PenFed used to offer its products exclusively to former and current governmental or military personnel, along with their family members. Fortunately, things have changed, and now everyone can join PenFed, become a member to take advantage of the discounts, and use its financial solutions.

Yes, it requires a 610 minimum credit score.

You need to provide the basic information, including your first, middle, and last name, address, phone number, email address, income information, and residence information.

The maximum auto loan amount is $100,000.

The maximum auto loan term is 84 months.