HOLIDAY CLOSURE: PenAir will be closed Monday, October 9 in observance of Columbus Day. Stay connected and access your accounts by using our Digital Banking Solutions.
What’s the difference between a Personal Loan and a Line of Credit?
A Personal Loan gives you a sum of money upfront and requires fixed monthly payments throughout your loan term. A Personal Line of Credit, on the other hand, lets you withdraw as much cash as you need at any point in time and pay it back on your own timeline with a variable interest rate.