Auto Loan · Head-to-head
PenFed Credit Union vs myAutoloan: Which auto loan wins?
Side-by-side comparison of PenFed Credit Union and myAutoloan auto loan — APR ranges, credit floors, application speed, and editorial verdict.
PenFed Credit Union
Credit union APR caps make PenFed one of the cheapest options at every credit band. Membership requires a $5 join fee — open to anyone, not just military.
myAutoloan
Multi-purpose marketplace covering purchase + refi + lease buyout in a single flow. Median time to first offer is ~5 minutes — fastest of any marketplace. Subprime floor (575 FICO) is the lowest among the top-tier marketplaces.
In plain English
PenFed Credit Union offers the lower APR floor (5.24% vs 5.99%), while myAutoloan accepts the lower credit score (575+ FICO). For most auto loan shoppers, the right pick depends on your credit — see the verdicts below.
Side-by-side breakdown
| Feature | PenFed Credit Union | myAutoloan |
|---|---|---|
| APR range | 5.24–17.99% | 5.99–22.99% |
| Min credit score | 610 | 575 |
| Loan amount | $500–$150K | $8K–$100K |
| Term length | 36–84 mo | 24–84 mo |
| Overall rating | 4.6/5 | 4.5/5 |
| Rates & APR score (40%) | 4.7 | 4.4 |
| Loan terms score (25%) | 4.5 | 4.6 |
| Application score (20%) | 4.4 | 4.7 |
| Support score (15%) | 4.7 | 4.2 |
APR range
PenFed Credit Union
5.24–17.99%
myAutoloan
5.99–22.99%
Min credit score
PenFed Credit Union
610
myAutoloan
575
Loan amount
PenFed Credit Union
$500–$150K
myAutoloan
$8K–$100K
Term length
PenFed Credit Union
36–84 mo
myAutoloan
24–84 mo
Overall rating
PenFed Credit Union
4.6/5
myAutoloan
4.5/5
Rates & APR score (40%)
PenFed Credit Union
4.7
myAutoloan
4.4
Loan terms score (25%)
PenFed Credit Union
4.5
myAutoloan
4.6
Application score (20%)
PenFed Credit Union
4.4
myAutoloan
4.7
Support score (15%)
PenFed Credit Union
4.7
myAutoloan
4.2
Editor verdicts
Why we rate PenFed Credit Union 4.6/5
Credit union APR caps make PenFed one of the cheapest options at every credit band. Membership requires a $5 join fee — open to anyone, not just military.
Read the full PenFed Credit Union reviewWhy we rate myAutoloan 4.5/5
Multi-purpose marketplace covering purchase + refi + lease buyout in a single flow. Median time to first offer is ~5 minutes — fastest of any marketplace. Subprime floor (575 FICO) is the lowest among the top-tier marketplaces.
Who should pick which?
Pick PenFed Credit Union if…
- You have strong credit and want the lowest published APR (from 5.24%).
- You need a larger loan ceiling (up to $150K).
Pick myAutoloan if…
- Your FICO is closer to 575 — you need a lender with a lower credit floor.
- You prefer a fast, soft-pull-friendly online application.
- You want flexible loan terms and amount ranges.