PNC Bank Personal Loans: 2024 Review

PNC’s unsecured personal loans are available to good- and excellent-credit borrowers, and loan offerings vary by ZIP code.
Jackie Veling
Last updated on July 26, 2023
Edited by
✅ Fact checked and reviewed
Kim Lowe
Edited by
✅ Fact checked and reviewed

Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take certain actions on our website or click to take an action on their website. However, this does not influence our evaluations. Our opinions are our own. Here is a list of our partners and here's how we make money.

  • 35+ personal loans reviewed and rated by our team of experts.
  • 20+ years of combined experience covering personal loans and financial topics.
  • Objective, comprehensive star rating system assessing 20+ categories and 70+ data points.
  • Governed by NerdWallet's strict guidelines for editorial integrity.
NerdWallet's personal loans content, including articles, reviews and recommendations, is produced by a team of writers and editors who specialize in consumer lending. Their work has appeared in The Associated Press, USA Today, The New York Times, MarketWatch and many other national, regional and local publications. They have been cited in publications including The Harvard Kennedy School, and appeared on NerdWallet's "Smart Money" podcast as well as local TV and radio.

Our Take


NerdWallet rating
The Nerdy headline:

For borrowers who want flexibility, PNC delivers with a wide range of repayment terms and a joint loan option, but non-customers may need to visit a branch to close the loan.

Jump to:Full Review
PNC Bank Personal Loan
PNC Bank Personal Loan

Est. APR
Loan amount
$1,000 - $35,000
Min. credit score
on NerdWallet


  • Rate discount for autopay.
  • Joint loan option.
  • Direct payment to creditors with debt consolidation loans.
  • Wide variety of repayment term options.


  • Product varies by location.
  • May require in-person visit.
  • No large loan amounts.
Compare best personal loan lenders
Est. APR
Loan amount
Min. credit score
Visit Lenderon LightStream's website
on LightStream's website
Check Rateson NerdWallet
on NerdWallet
6.99- 25.49%
$5,000- $100,000
8.99- 29.99%
$5,000- $100,000
8.49- 35.99%
$1,000- $50,000
7.80- 35.99%
$1,000- $50,000
11.72- 17.99%
$5,000- $40,000
View more
Get more smart money moves — straight to your inboxBecome a NerdWallet member, and we’ll send you tailored articles we think you’ll love.

Full Review

PNC Bank offers unsecured personal loans that can be used for almost any purpose.

Though the bank lends in all 50 states, loan details vary by ZIP code. For example, the ability to pre-qualify, which allows you to check potential loan terms with no impact to your credit score, isn’t available everywhere. Maximum loan amounts also vary by location.

You do not need to be a PNC customer to apply, but existing customers receive the most perks, including a rate discount for setting up autopay from a PNC account and a fully online application and funding process.

Table of Contents

PNC personal loans at a glance

Minimum credit score

Not disclosed.


7.49% - 30.49%.


Late fee: $40 or 10% of the payment (whichever is greater).

Loan amount

$1,000 to $35,000.

Repayment terms

6 months to 5 years.

Time to fund after approval

Same-day funding for existing online banking customers. Other borrowers need to close at branch and funding may take 3 to 10 days.

Loan availability

Loans available in 50 states and Washington, D.C.

Where PNC personal loans stand out

Autopay discount: Borrowers who set up automatic payments from a PNC checking account can qualify for a rate discount of 0.25 percentage points, which means you’ll pay less in interest for the loan.

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.

Direct payment to creditors: If you want to use a PNC personal loan to consolidate debts, the bank will send loan funds directly to creditors instead of depositing them in your account. Though this isn’t a necessary requirement for a debt consolidation loan, it’s a nice perk and saves you the step of sending the funds yourself.

Flexible repayment terms: Borrowers at PNC can choose from a variety of repayment terms ranging from six months to five years. A longer term may mean more affordable monthly payments, while a shorter term means you'll pay less interest on the loan. It’s usually best to choose the shortest term in which you can still afford the monthly payments.

Where PNC personal loans fall short

Product varies based on location: Loan terms, including what loan amounts are available, vary by state. Enter your ZIP code on the lender’s website to find out what’s available in your area.

Funding for non-customers: Current 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, so it’s not a good option if you're a non-customer who needs money fast.

No large loan amounts: PNC has you covered if you want a small- or medium-sized personal loan. But if you’re looking to cover an especially large purchase, or to fund an expensive project like a major home repair, you’ll need to look elsewhere.

Do you qualify for a PNC personal loan?

PNC doesn't publicly disclose many of its borrower requirements, including its minimum credit score. But according to the lender, it serves borrowers with good and excellent credit (690 score or higher).

To apply for a PNC personal loan, you need to:

  • Be at least 18 years old.

  • Provide date of birth and Social Security number.

  • Provide photo ID.

  • Show proof of income.

If you’re applying for a debt consolidation loan, you’ll also need to supply the names of your creditors, current balances and monthly payment amounts.

Before you apply

  • Check your credit. You can get your free credit report on NerdWallet or at Doing so will help you spot and fix any errors before you apply.

  • Calculate your monthly payments. Use a personal loan calculator to determine what APR and repayment term you’d need to get a loan with affordable monthly payments.

  • Make a plan to repay the loan. Review your budget to see how the loan’s monthly payments impact your cash flow. If you have to cut other expenses in order to repay the loan, it’s better to know that before you borrow.

  • Gather your documents. PNC may request proof of income, which can be a W-2, pay stub or tax return, as well as photo identification, like a driver’s license or passport. Having these documents handy can speed the application process.

How to apply for a PNC personal loan

Here are the steps to apply for a PNC loan.

  1. Pre-qualify on PNC’s website, if possible. Depending on your ZIP code, you may be able to pre-qualify online. You’ll fill out a short application, including how much you want to borrow and what the funds are for. You can then preview potential loan offers. There’s no hard credit pull at this stage.

  2. Formally apply. After viewing your loan options, or if pre-qualification isn’t available in your area, you can submit a formal personal loan application. This could require more documents, like W-2s, pay stubs and bank statements. PNC will also do a hard credit check when you apply, so your credit score could temporarily dip.

  3. Make a plan to repay the loan. PNC reports repayments to all three major credit bureaus (Equifax, Experian and TransUnion), so on-time payments will help build your credit score, but missed payments will hurt it. Setting up automatic payments and keeping an eye on your budget are two ways to manage your loan payments.

Check rates on NerdWallet

Compare PNC to other lenders

Personal loan lenders offer different rates, loan amounts and special features, so it pays to weigh other options. The best personal loan is usually the one with the lowest APR.

SoFi and Discover offer similar features to PNC and accept borrowers with good to excellent credit.

PNC vs. SoFi

Similar to PNC, SoFi offers joint loans, a discount for setting up autopay and direct payment to creditors for debt consolidation loans. But SoFi’s personal loans come with larger loan amounts and perks like free financial advising. Pre-qualification is also available to all borrowers.

PNC vs. Discover

Discover also sends funds directly to creditors, and borrowers can pre-qualify with a soft credit check. However, the lender doesn’t offer a joint loan option, and there’s no opportunities for a rate discount.

How we rate PNC personal loans

NerdWallet writers rate lenders against a rubric that changes each year based on how personal loan products evolve. Here’s what we prioritized this year:


Star rating




Loan flexibility

Customer experience


  • Affordability (30%)

    An affordable loan has low rates and fees compared to other similar loans and may offer rate discounts.

    Underwriting and eligibility (25%)

    The lender reviews borrowers credit reports and credit history, and tries to understand their ability to repay a loan, before making a final application decision.

    Loan flexibility (20%)

    A flexible loan is one that lets users customize terms and payments. That means offering a wide range of repayment term options, allowing the borrower to change their payment date, offering loans in most states and funding it quickly.

    Customer experience (15%)

    A good customer experience can include a fully online application process, financial education on the lender’s website and a customer service team that’s available most of the time and can be reached multiple ways.

    Transparency (10%)

    A transparent lender makes information about the loan easy to find on its website, including rates, terms and loan amounts. Transparency also means allowing users to pre-qualify online to preview potential loan offers and reporting payment information with the major credit bureaus.

Ready to apply? Select "See my rates" below to compare rates for different lenders on NerdWallet.

on NerdWallet's secure website

Find the Best Personal Loan

Best personal loansDebt consolidation loansGood credit personal loansFair credit personal loans

NerdWallet’s review process evaluates and rates personal loan products from more than 35 technology companies and financial institutions. We collect over 50 data points from each lender and cross-check company websites, earnings reports and other public documents to confirm product details. We may also go through a lender’s pre-qualification flow and follow up with company representatives. NerdWallet writers and editors conduct a full fact check and update annually, but also make updates throughout the year as necessary.

Our star ratings award points to lenders that offer consumer-friendly features, including: soft credit checks to pre-qualify, competitive interest rates and no fees, transparency of rates and terms, flexible payment options, fast funding times, accessible customer service, reporting of payments to credit bureaus and financial education. Our ratings award fewer points to lenders with practices that may make a loan difficult to repay on time, such as charging high interest rates (above 36%), underwriting that does not adequately assess consumers’ ability to repay and lack of credit-building help. We also consider regulatory actions filed by agencies like the Consumer Financial Protection Bureau. We weigh these factors based on our assessment of which are the most important to consumers and how meaningfully they impact consumers’ experiences.

NerdWallet does not receive compensation for our star ratings. Read more about our ratings methodologies for personal loans and our editorial guidelines.

NerdWallet Pixel