Choosing a Lender...
If you need a military loan and your credit is less than
great, you may wonder where you can turn. We'll help you in your search and tell you the right questions to ask of a prospective lender. [military lenders]
Types of Military Loans...
You've heard about those military payday loans and check
cash advances. Maybe you are thinking of getting
a cash advance from your credit card. STOP!
These will throw you into a cycle of mounting debt.
There are types of military loans that get you out
of debt and can improve your credit rating. [military loans]
|
Why borrow money?
Whether it's for car repairs, travel, or other unexpected bills, when service members need immediate money their options are often limited, due to time constraints, lower-than-average pay scales, and a mobile lifestyle caused by deployments, training, and frequent moves. Since many times it is hard for them to obtain traditional financing, many military families use a credit card, borrow from family members, or obtain a payday loan.
Smart borrowing
Sometimes it makes sense to borrow, if you have a good reason, and choose the right loan. The wrong reasons to get a military personal loan might include impulsive purchases, gambling, or any spending that is out of line with your income. Unnecessary borrowing just adds to your burden of debt.
Sometimes, cash flow becomes a problem because of emergencies. The car breaks down, the washer is on the fritz, the dog ate the rent money, taxes are due, kids need books for school, high utility bills, or your small military paycheck just didn't cut it this month. You need a little help. A payday loan may seem like their best option. Don't do it!
Pioneer Military Loans has developed a safe, low-cost alternative to payday loans—the HELP Loan. The HELP Loan is a short-term, non-renewable loan designed to meet immediate cash needs. No rollover, four equal monthly payments and it's paid off. Borrow $500 for a total finance charge of less than $26.
There are a number of situations where a responsible installment loan can help:
Consolidate bills — Pay off nagging bills with a payment often less than the combined bill payments.
Leave — visiting loved ones back home is a financial challenge for most military personnel.
Vehicle — repairing or upgrading the ride is more than the budget can allow; don't make the mistake of charging it on your credit card.
Clothing, furniture, food — when household expenses hit all at once, you need help.
Jewelry — you won't get "I do" if you don't.
Moving — it's no secret the military doesn't pay for all your expenses for PCS.
Vacation — borrow responsibly instead of charging to your credit card.
Audio or computer equipment — buy when the price is right.
Emergency — it's 105°, and the A/C is broken.
We recommend Pioneer Military Lending for your military loan needs. They provide a number of special purpose loans, like the Home Leave Assistance Loan (Iraq/Kuwait R&R travel), bereavement loans (no interest for qualifying borrowers), Disaster Relief Loans (up to $1000 at special rates), as well as loans for any situation you might find yourself in.
APPLY NOW and get the peace of mind you deserve.
|
|