PNC Personal Loans Review: Rates, Fees and Eligibility

PNC offers unsecured, fixed-rate personal loans from $5,000 to $35,000, with repayment terms from 12 to 60 months. PNC charges no application fee, origination fee or prepayment penalty, though late-payment and returned-payment fees may apply.

PNC's current annual percentage rates (APRs) run from 6.99% to 25.29%, including a 0.25-percentage-point automated-payment discount, and vary by loan amount, term, credit qualifications and your broader PNC relationship. Online applications are limited to borrowers already enrolled in PNC Online Banking with an eligible PNC checking account. Everyone else applies by phone or at a branch.

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Key Takeaways

• PNC's current minimum loan is $5,000, not $1,000: Both PNC's product page and its consumer lending disclosure list a $5,000 minimum and $35,000 maximum.

• The shortest advertised term is 12 months: PNC's current rate table starts at 12 months, in specified increments up to 60 months.

• Published APRs run from 6.99% to 25.29%: The range applies across $5,000-to-$35,000 loans and 12-to-60-month terms, and already includes the automated-payment discount.

• The automated-payment discount is 0.25 percentage points: It requires automated payments from a PNC checking account established at closing. If you discontinue automated payments, your rate increases by 0.25 percentage points.

• "No fees" is too broad: PNC charges no application fee, origination fee or prepayment penalty, but late-payment and returned-payment fees may apply.

• PNC doesn't publish a minimum credit score: It said it considers credit history, length of employment, citizenship and other factors, but no score, income or debt-to-income threshold is published.

• Florida is excluded: PNC's current disclosure said personal loans aren't available there. PNC doesn't publish a complete state-by-state eligibility list, so confirm your location directly with PNC.

What Are PNC Personal Loans?

A PNC personal loan is an unsecured loan that provides one lump sum without requiring property as collateral. If you're unfamiliar with how bank loans work in general, PNC follows the standard bank model: a lump sum repaid at a fixed rate over a set term.

PNC's current product offers $5,000 to $35,000 at a fixed rate, repaid monthly over your selected term. You can use the funds for lawful personal purposes, including debt consolidation, a home improvement project, medical expenses, moving costs, a major buy or an emergency expense.

Loan proceeds can't be used for post-secondary education costs or to refinance student loan debt.

PNC Personal Loans at a Glance

What Rates and Terms Does PNC Offer?

PNC publishes fixed APRs from 6.99% to 25.29% for loans from $5,000 to $35,000, with terms from 12 to 60 months. The specific range you're quoted depends on the loan amount and term.

• APR range: 6.99% to 25.29%, including the automated-payment discount.

• Loan amounts: $5,000 to $35,000.

• Terms: 12, 18, 24, 30, 36, 42, 48 or 60 months.

• Rate factors: Credit qualifications, loan amount, term, your PNC relationship, automated payment enrollment and the number of days until your first payment.

How the Automated-Payment Discount Works

PNC's published APRs include a 0.25-percentage-point discount for automated payments from a PNC checking account. You must set up automated payment at closing. If you discontinue it later, PNC removes the discount and your rate increases by 0.25 percentage points.

Automated payments can simplify repayment, but keep enough money in the linked account to avoid a returned payment.

MoneyLion offers a service to help you find personal loan offers. Based on the information you provide, you can get matched with offers for up to $100,000 from our top providers. You can compare rates, terms and fees from different lenders and choose the best offer for you.

What Credit Score Do You Need for a PNC Personal Loan?

PNC doesn't publish a minimum credit score or income requirement for this product. Its approval process considers your credit history, length of employment and citizenship, and its pricing disclosure said your APR also depends partly on your credit qualifications and broader PNC relationship.

For a general sense of what lenders typically ask for, check out the common personal loan requirements before you apply.

What Fees and Costs Should You Expect?

PNC's upfront fees are limited:

• Application fee: None.

• Origination fee: None.

• Prepayment penalty: None.

• Late-payment fee: May apply. PNC doesn't publish a universal amount on its public pages.

• Returned-payment fee: May apply if a payment is returned for insufficient funds, with the amount disclosed in your loan documents.

Use PNC's own calculator with your actual loan amount, term and quoted APR to estimate a monthly payment, since example figures based on an outdated minimum or rate range can be misleading.

Does PNC Offer Prequalification?

PNC's public product pages don't advertise a prequalification using a soft inquiry or a personalized rate-check process. The site directs eligible existing customers to a full application and directs everyone else to call or schedule an appointment.

PNC's broader application disclosure authorizes it to pull your credit profile once you submit an application, but its retail personal-loan page doesn't clearly label that pull as hard or soft. Ask PNC directly what type of inquiry will occur before you submit anything. For context, a soft inquiry doesn't affect your credit score, while a hard inquiry can. Whether a particular check is hard or soft depends entirely on the lender's process.

How To Apply for a PNC Personal Loan

1. Confirm location eligibility: PNC currently excludes Florida. If you live elsewhere, verify availability directly with PNC.

2. Choose the right channel: If you're already a PNC Online Banking customer with an eligible personal checking account, you can apply online. Otherwise, you'll need to call 1-877-225-5762 or schedule an appointment.

3. Complete the application and credit review: PNC considers your credit history, length of employment, citizenship and other factors.

4. Review your final disclosure: Confirm the APR, payment, term, automated-payment condition and any late or returned-payment fees before you sign.

5. Sign your final documents: PNC said approved funds are typically deposited into your PNC checking account within one business day after signing.

Common Mistakes To Avoid With a PNC Personal Loan

• Relying on old product terms: PNC's current minimum is $5,000, and its shortest advertised term is 12 months.

• Calling the product no-fee: There's no application, origination or prepayment fee, but late-payment and returned-payment fees may apply.

• Assuming online applications are open to everyone: PNC limits online applications to qualifying checking customers enrolled in Online Banking.

• Assuming a soft rate check is available: PNC doesn't advertise one on its current public product pages.

• Using the loan for education: Post-secondary education costs and student loan refinancing are both prohibited uses.

• Forgetting the automated-payment condition: Canceling qualifying automated payments raises your rate by 0.25 percentage points.

Pros and Cons of PNC Personal Loans

How Does PNC Compare With Other Lenders?

If you want to see how PNC stacks up against other banks before applying, start with our roundup of the best banks for personal loans.

PNC offers the smallest maximum loan amount in this comparison but has a shorter minimum term than Upgrade, LightStream and SoFi. Upgrade charges an origination fee, while LightStream and PNC don't. LightStream doesn't offer preapproval and runs a hard inquiry with the application, while SoFi and Upgrade both advertise soft-pull rate checks.

Two other lenders are worth a look depending on your situation. Achieve personal loans focus on debt consolidation and may suit borrowers comparing options beyond a bank. OneMain Financial personal loans don't require a minimum credit score and may fit borrowers who don't qualify at PNC.

Is PNC a Legitimate Lender?

Yes. PNC Bank, National Association is a wholly owned subsidiary of The PNC Financial Services Group and is an FDIC-insured national bank. The PNC Financial Services Group reported about $616 billion in assets and roughly 2,300 branches as of June 30, 2026, making it one of the largest banks in the country.

Who Is a PNC Personal Loan For?

PNC may be worth considering if you:

• Need between $5,000 and $35,000.

• Already have an eligible PNC checking account.

• Want fixed payments over a term from 12 to 60 months.

• Want to avoid an application fee, origination fee and prepayment penalty.

• Can qualify for and maintain the automated-payment discount.

Consider other lenders if you:

• Need less than $5,000 or more than $35,000.

• Want to compare personalized rates through a soft inquiry.

• Don't want to open or use a PNC checking account.

• Live in Florida.

• Need to finance post-secondary education or refinance student loans.

The Bottom Line

PNC's current personal loan is a fixed-rate product for $5,000 to $35,000 with terms from 12 to 60 months and published APRs from 6.99% to 25.29%. It has no application fee, origination fee or prepayment penalty, but late-payment and returned-payment fees may apply.

Its biggest limitations are the $5,000 minimum, the checking-account requirement for online applicants, the lack of an advertised soft-pull prequalification process and the Florida exclusion. Compare the APR, total finance charge, monthly payment and fees across your actual offers before choosing a lender.

FAQ

Here are quick answers to common questions about PNC personal loans:

What are current PNC personal loan rates?

PNC's current disclosure lists APRs from 6.99% to 25.29% for loans of $5,000 to $35,000 with terms of 12 to 60 months. Published APRs include the 0.25-percentage-point automated-payment discount and are subject to change.

What credit score do I need for a PNC personal loan?

PNC doesn't publish a minimum credit score. It said credit history, length of employment and citizenship may be considered, among other factors.

How fast can I receive PNC personal loan funds?

PNC said funds are typically deposited into your PNC checking account within one business day after your final loan documents are signed. That's funding timing, not a guaranteed application-decision time.

Is a PNC personal loan available in every state?

PNC said personal loans currently aren't available in Florida. Its public pages don't provide a complete state list, so confirm your location's eligibility directly with PNC.

What happens if I miss a PNC personal loan payment?

PNC said a late fee may apply, and a returned-payment fee may also apply if a payment is returned. PNC may also report payment activity to credit-reporting agencies. Exact fees appear in your loan disclosure and note.

Key Terms

• APR: The yearly cost of credit, including the interest rate and applicable lender fees.

• Unsecured loan: A loan that doesn't require collateral.

• Origination fee: A charge for making or processing a loan. PNC doesn't charge one on this product.

• Prepayment penalty: A charge for paying a loan off early. PNC doesn't impose one.

• Soft inquiry: A credit-file review that doesn't affect your credit score.

• Hard inquiry: A lender's credit inquiry tied to a credit application that can affect your credit score.

• Debt-to-income ratio: Your monthly debt payments divided by your gross monthly income.

• Automated-payment discount: A rate reduction tied to qualifying automatic payments.

Sources

• PNC Bank: Unsecured Personal Loan

• PNC Bank: Personal Loan Rates and Fees Disclosure

• PNC Bank: Unsecured Personal Loan Borrowing Options

• FDIC: BankFind Suite Institution Profile

• Consumer Financial Protection Bureau: What Is a Credit Inquiry?

• Consumer Financial Protection Bureau: What Is a Debt-to-Income Ratio?

Parts of this article were created with AI assistance. MoneyLion editors reviewed, fact-checked and edited the final version and are responsible for its accuracy.