PNC Personal Loans Review

PNC is like that shy kid in class — you might get along great, but because the company’s website isn’t especially open, you have to work a little harder to find out.

APR Range
Varies by zipcode
Loan Amount
6–60 months
3.8 / 5.0
SimpleScore PNC 3.8
Rates 4
Loan Size 5
Customer Satisfaction N/A
Support 3
Fees 3
  • No origination or prepayment fees
  • Competitive interest rates
  • Perks for PNC customers
  • Late fees apply

Check Your Personal Loan Rates

Answer a few questions to see which personal loans you pre-qualify for. It’s quick and easy, and it will not impact your credit score.

Get Started

with our trusted partners at

In this article

    Personal loans are just one of the many banking products that PNC has to offer. PNC personal loans come with competitive interest rates and attractive perks like no origination fee, no prepayment fee and interest rate discounts for PNC checking account customers.

    We used our SimpleScore methodology to compare rates, loan size, customer satisfaction, support and fees to conduct a thorough PNC personal loans review. While PNC certainly has a lot to offer in its personal loans, it doesn’t necessarily have all of the perks and transparency that other lenders provide.

    PNC personal loans at a glance

    APRVaries by zipcode
    Fees$40 or 10% of the loan amount due
    Eligibility requirementsMinimum credit score not disclosedProof of income
    Best forExisting PNC customers
    Not forBorrowers with bad credit
    PNC customer service1-888-PNC-BANK (762-2265)@PNCBank_Help on Twitter

    What we like about PNC personal loans

    No origination or prepayment fees

    Many lenders charge origination fees on their personal loans, and these fees can be 1%–8% of the requested loan amount. Fortunately, PNC doesn’t charge origination fees. Depending on the size of the loan, that could save you thousands of dollars. And while some banks sneak in prepayment fees, meaning if you pay your loan off early to save on interest, you’re hit with a penalty. PNC doesn’t charge these prepayment fees, meaning you can pay it off faster to save money.

    Competitive interest rates

    PNC’s personal loan rates are fairly competitive, with interest rates as low as 7.24% for some loan amounts. Considering many companies have rates starting above 10%, a rate in the 7% range is a great deal. Rates get even better for customers with a PNC checking account, as you’ll get an additional 0.25% off your interest rate.

    Perks for PNC customers

    PNC offers a 0.25% interest rate discount for customers with a PNC checking account. And don’t worry — you don’t already have to have the checking account. PNC gives you a chance to open the account at the time of your loan closing.

    Things to consider

    Late fees apply

    PNC charges late fees of either $40 or 10% of the loan amount due. Depending on the size of your loan, these fees could add up quickly. And while late fees may not seem like a deal breaker, there are plenty of personal loan lenders that don’t charge fees on late payments.
    [ Read: Is a Personal Loan My Best Option? ]

    PNC personal loans vs. the competition


    SimpleScore: 4.4 / 5
    Discover is one of the top online lenders for personal loans. Like PNC, the company offers loans up to $35,000, but its loans only go as low as $2,500. On the other hand, the rates on the loans are very comparable, both banks offering as low as 6.99% (with 0.25% autopay discount) on personal loans. Discover also offers more flexibility, with repayment terms as long as 84 months compared to just 60 months of PNC. Read our full Discover personal loan review.

    Citizens One 

    SimpleScore: 4.3 / 5

    Citizens One is the lending branch of Citizens Bank and offers no-fee personal loans. The bank provides little flexibility with its loan amounts — you can only borrow between $5,000 and $15,000. But loan terms vary three to seven years, meaning there are more flexible repayment options. Citizens One offers interest rates ranging from 7.99% to 20.89%. Read our full Citizens One personal loan review.

    US Bank 

    SimpleScore: 3.6 / 5

    US Bank offers personal loans ranging from $1,000 to $25,000. The company offers competitive interest rates, with rates going as low as 6.49% for highly creditworthy borrowers. US Bank, like PNC bank, charges no origination fees or prepayment penalties. US Bank is a national bank with many branches. As a result, it might be the right lender for anyone who wants to speak to a loan officer in person.

    How much will a PNC personal loan cost?

    PNC doesn’t charge any fees for their personal loans. As a result, the only cost you’re likely to incur is the interest attached to your loan. The exact rate you’re eligible for depends on your credit score. Keep in mind that PNC does charge late fees — some of its competitors don’t. Expect to pay somewhere $40 and 10% of the loan amount due if your payment is more than 15 days late.

    Cheaper alternatives to PNC personal loans

    PNC offers fairly competitive rates on its personal loans and no origination fees or prepayment penalties. As a result, many borrowers can expect to get a relatively affordable loan. That being said, it’s always worth shopping around. Some of the top online lenders like LightStream and SoFi offer rates below 6%, so it’s worth applying there as well.

    Just a couple percent may not seem like a big difference. But consider taking out a loan for $20,000 with a term of five years. With an interest rate of 7.5%, you’d pay more than $4,000 in interest. But reducing your interest rate by just 2% saves you more than $1,000 over the life of the loan.

    [ Read: How to Get a Loan With Bad Credit ]

    PNC Bank personal loan requirements

    Anytime you apply for a personal loan, you’ll have to provide personal information so the lender can run a credit check. While PNC doesn’t provide its minimum credit score on the website, you’re more likely to get a loan with good credit. In addition to your credit score, PNC also requires:

    • Your full name, social security number, and date of birth
    • Photo ID
    • Your current and previous address
    • Your annual income

    PNC Bank in the news

    • PNC announced plans in early 2020 to close many of its branches. Throughout the year, the company ended up closing many more branches than originally anticipated. The company is on track to close 160 branches by the end of 2020 and another 120 in 2021.
    • In October 2020, PNC became the subject of a lawsuit when USAA accused the bank of illegally using its patented technology for remote check deposit. USAA filed the lawsuit in a U.S. District Court in Marshall, Texas. According to USAA, the company developed the technology in 2009. It has successfully sued Wells Fargo for the same claim.
    • PNC made the news in Chicago, Illinois, in October 2020 when it launched mobile branches in Chicago neighborhoods. The purpose of these mobile banking units was to reach underserved communities to help them meet with a personal bank, apply for a loan, open a bank account and more.

    PNC Bank personal loan FAQs

    Current PNC customers will get the best deal on a personal loan. The company offers a 0.25% interest rate discount to customers with a PNC checking account.

    PNC personal loans are unsecured loans and can be used for many different purchases. As a result, you can use one to refinance an existing personal loan or as a debt consolidation loan.

    PNC doesn’t disclose its credit requirements on the company website. Most lenders require at least fair to good credit scores for a loan, so it’s likely that PNC also does. Luckily there are many lenders that provide bad credit personal loans.

    You can contact PNC’s customer service team by calling 1-888-PNC-BANK (762-2265). The company also offers customer support via Twitter.

    Check Your Personal Loan Rates

    Answer a few questions to see which personal loans you pre-qualify for. It’s quick and easy, and it will not impact your credit score.

    Get Started

    with our trusted partners at

    Last updated November 20, 2020 – Updated editorial review of PNC personal loans.

    We welcome your feedback on this article and would love to hear about your experience with the personal loans we recommend. Contact us at with comments or questions.



    The SimpleScore is a proprietary scoring metric we use to objectively compare products and services at The Simple Dollar.

    For every review, our editorial team:

    • Identifies five measurable aspects to compare across each brand
    • Determines the rating criteria for each aspect score
    • Averages the five aspect scores to produce a single SimpleScore

    Here’s a breakdown of the five aspect scores and their rating criteria for our review of the best personal loans of 2020.

    Why do some brands have different SimpleScores on different pages?

    To ensure the SimpleScore is as helpful and accurate as possible, we developed unique criteria for every category we compare at The Simple Dollar. Since most brands offer a variety of financial solutions, their products and services will score differently depending on what we’re scoring on a given page.

    However, it’s also possible for the same product from the same brand to have multiple SimpleScores. For instance, if we compare NetCredit’s personal loans according to our criteria for the best personal loans, it scores a 2.3 out of 5. But when we compare NetCredit according to the criteria for the best bad credit personal loans, it scores considerably higher, since the criteria for the latter review are more lenient (lenders who serve borrowers with bad credit will always offer higher rates, so we needed to adjust our category methodology to account for different industry standards).

    Questions about our methodology?

    Email Hayley Armstrong at


    We looked at the maximum APR for each lender — the lower their maximum rate, the higher their score.

    Loan Size

    We awarded higher scores to lenders with more generous loan sizes.

    Customer Satisfaction

    We leveraged the J.D. Power 2019 Personal Loan Satisfaction Study℠ to see how customers rated their experience with each lender. (If a lender wasn’t included in J.D. Power’s study, we skipped this aspect and averaged the four remaining aspect scores.)


    We awarded higher scores to lenders with the most channels for customer support.


    We looked at the three most common fees — origination, late payment, and pre-payment — and penalized lenders for each fee charged.

    Reviewed by

    • Courtney Mihocik
      Courtney Mihocik
      Loans Editor

      Courtney Mihocik is an editor at The Simple Dollar who specializes in personal loans, student loans, auto loans, and debt consolidation loans. She is a former writer and contributing editor to,, and elsewhere.