Vehicle Loans
The maximum amount we will finance for a New Auto Loan
What is $100,000?
This is the "as low as" rate for Personal Loans.
What is 6.49%?
This is the price of PenFed's GAP coverage
What is $449?
To change a members payment method on a loan after disbursal you will go here
What is account actions > Payment Options?
The Senior manager for Pacific, North Eastern and Mid West area branches.
Who is Courtney Seufert?
For used auto loans with terms less than 72 months, we can finance vehicles of this age.
What is any age as long as it has sufficient value?
This loan type is similar to the Overdraft Line of Credit, but cannot be linked to a Penfed Checking account and you can advance from it whenever you want.
What is the Fixed Rate Personal Line of Credit?
Debt Protection Coverage (Plan 1) includes the following coverage and costs the member this much per $1000.
What is Loss of life, disability, and involuntary unemployment for $2.10 per $1000 outstanding balance.
Loan cancellations in the branch will be handled with this form which will be sent to Bank Recon along with a copy of the check.
What is form 178?
The Ops officer for the Tysons Corner Branch
Harminder Chatwaal
The Payment Saver Auto Loan includes this product for free
What is GAP insurance?
The ARK loan is offered to these types of members only.
What is military members (Active duty - national guard, Reserves etc.)
Route 66 and GAP insurance can be cancelled for a full refund within this time period.
What is 60 days?
Members must make this many consecutive payments between due date change and skip payment requests.
What is 12 consecutive payments?
Branch Manager for the Ft Walton Beach Branch
Who is Gelin Shelley?
Pre-approval drafts are available after this many months of membership
What is 3 months?
To apply for the PenFed Student Loan Refinance Program, members will apply through this company.
What is Purefy?
**DAILY DOUBLE**
This is the year and mileage requirement for "Easy Street for other Eligible Cars", and the coverage it provides
What is 8 model years old & newer with 75,000 miles or less, and coverage for 5 years OR up to 100,000 miles on the odometer; whichever comes first?
This type of payment option must be set up by the member through penfed online.
What is an ACH payment from another FI?
PenFeds Senior Executive VP.
Who is Lisa Jennings?
Name three things a member needs to do after receiving their loan packet.
Insurance verification, sign prom note, sign the check, get Penfed the title.
This form may be required prior to the disbursal of the loan if anyone other than a spouse is being added.
What is a Joint Borrower Authorization form (Form 4)?
These are the two additional benefits provided with PenFed GAP insurance.
What is the GAP Advantage and Auto Deductible Reimbursement (ADR)?
Members have this many days to provide us with the title for their vehicle loan.
What is 150 days?
PenFed's EVP for IT
Who is Joe Thomas?