MILITARY LOANS INFORMATION

Please see information on Military Loans below.

        

Military Loans

Military loans are loans which are exclusively available to active duty US military personnel. This includes members of:

  • US Army
  • US Navy
  • US Air Force
  • US Marines
  • US Coast Guard

Military loans are personal loans with no collateral and even if your credit history is less than perfect you can still apply.

How Much Can I Borrow?

This depends entirely on the company that you are borrowing from. Some lenders allow you to borrow small amounts, from $500 and a maximum of $1,000 while other firms allow you to borrow upwards of $10,000. Take your time and shop around.

Can I Apply from Anywhere?

To apply for a military loan you do not necessarily have to be at home in the United States. Most lending firms will allow you to apply from any world location, if you are posted away from home. You can usually apply via a simple online process.

The loan is then usually deposited into your US checking account within a short space of time.

What About Bad Credit History?

If you have a bad credit history, don't worry. Most military lending firms will take on all types of borrowers and have sympathy for credit problems among military personnel. Each loan application is treated individually so it is likely you will get the loan you need.

        


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