PNC Bank Personal Loans: 2021 Review

PNC’s unsecured personal loans are available to fair- and good-credit borrowers, and loan offerings vary by ZIP code.

Jackie VelingJan 8, 2021
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Our Take


NerdWallet rating 

The bottom line: For borrowers who want flexibility, PNC delivers with small and medium loan amounts, a wide range of repayment terms and a joint loan option.

PNC Bank Personal Loan

PNC Bank Personal Loan

Min. Credit Score


Est. APR

6.99 - 25.74%

Loan Amount

$1,000 - $35,000

Pros & Cons


  • Existing customers can get a .25% rate discount for setting up autopay.

  • No origination fee.

  • Offers joint loan option.

  • Wide variety of repayment terms.


  • Charges late fee.

  • May require an in-person visit.

  • Product varies by location.

Compare to Other Lenders

Marcus by Goldman Sachs
NerdWallet rating 
NerdWallet rating 
Est. APR

6.99 - 19.99%

Est. APR

3.99 - 19.99%

Loan Term

3 to 6 years

Loan Term

2 to 7 years

Loan Amount

$3,500 - $40,000

Loan Amount

$5,000 - $100,000

Min. Credit Score


Min. Credit Score


Compare estimated rates from multiple lenders

Compare Rates

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Full Review

To review PNC Bank’s personal loans, NerdWallet collected more than 40 data points from the lender, confirmed details with several customer service representatives and compared the lender with others that seek the same customer or offer a similar personal loan product. Loan terms and fees may vary by state.

PNC Bank offers unsecured personal loans ranging from $1,000 to $35,000 that can be used for almost any purpose.

Borrowers are evaluated based on their FICO score, income and debt-to-income ratio, according to customer service representatives. The lender’s 2019 annual report shows that most of its consumer loan borrowers have a FICO score of at least 650.

You can apply online for a loan from all 50 states, but the ZIP code you plug into PNC’s website could have an impact on the maximum loan amount you see, plus features like an autopay discount or the ability to pre-qualify.

Make sure to research what terms are available in your area, then compare rates with other lenders.

PNC is best for borrowers who:

  • Have fair or good credit (630 to 719 FICO).

  • May add a co-borrower to their application.

  • Want a wide range of repayment terms to choose from.

  • Want a small loan.

PNC at a glance

Credit building

  • Soft credit check to pre-qualify; available in some ZIP codes.

  • Reports payments to three credit bureaus.


  • APRs are consistent with other fair-credit lenders.

  • No origination or prepayment fees.

  • Charges late fee.

  • Rate discount available for autopayments made from a PNC account; available in some ZIP codes.

Loan flexibility

  • Offers joint loans.

  • Allows changes to payment date once per year.

  • Offers direct payment to creditors for debt consolidation loans.

  • Available in 50 states and Washington, D.C.


  • Discloses rates and fees on website; terms are not disclosed.

  • Loan varies by location.

Customer experience

  • Offers multiple customer contact channels.

  • Offers mobile app to manage loan.

» COMPARE: Best bank loans

Where PNC stands out

Joint loans: The lender allows co-borrowers, so you can add another person to your loan application. Adding someone with a higher credit score than you could increase your chances of getting approved for a larger loan or getting a lower rate.

Flexible repayment terms: Borrowers at PNC can choose from a wide range of repayment terms ranging from six months to five years. A longer term may mean more affordable monthly payments; a shorter term means you'll pay less interest on the loan.

Small loans: PNC loans start at $1,000, so applicants who are looking to cover smaller expenses can apply for a loan suited to their needs.

Mobile app: PNC offers mobile banking through its app. You can view your loan account, including the remaining balance and transaction history, and make payments from a PNC checking or savings account.

Where PNC falls short

Product varies based on location: Rates and terms on a PNC personal loan can vary by state. Enter your ZIP code into the lender’s website to see what’s available in your area.

Charges late fee: PNC charges a late fee of 10% of the payment or $40, whichever is greater, after a 15-day grace period. While many lenders charge late fees, this is in the higher range.

Funding time: Current PNC online banking customers can receive funds in their account the same day they sign the loan documents. However, applicants who aren't customers have to visit a branch to close the loan, and funding time can range from three to 10 days.

How to qualify for a PNC loan

PNC doesn't publicly disclose many borrower requirements, but here’s what you need to qualify, according to customer service representatives:

  • Minimum credit score: None. The average score is 727, according to Securities and Exchange Commission filings.

  • Must be at least 18 years old.

  • Must provide Social Security number.

  • Must show photo ID.

  • Must be able to show proof of income.

Loan example: A two-year, $7,000 loan with a 23.4% APR would cost $368 in monthly payments. You’d pay $1,832 in total interest on that loan.

How to get a PNC loan

Apply on PNC

You can apply online through PNC’s website, by phone or in person at a branch. You will need to provide a photo ID and Social Security number. PNC may require additional documentation to verify your income.

Pre-qualify on NerdWallet

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Personal Loans Rating Methodology

NerdWallet's ratings for personal loans award points to lenders that offer consumer-friendly features, including: soft credit checks, no fees, transparency of loan rates and terms, flexible payment options, accessible customer service, reporting of payments to credit bureaus, and financial education. We also consider the number of complaints filed with agencies like the Consumer Financial Protection Bureau. This methodology applies only to lenders that cap interest rates at 36%, the maximum rate financial experts and consumer advocates agree is the acceptable limit for a loan to be affordable. NerdWallet does not receive compensation of any sort for our reviews. Read our editorial guidelines.