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A military loan has lower rates and better payment options. Being military personnel or milatary dependent or sppuse is required to obtain one.

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Q: What are the advantages of getting a military loan, and do you have to be a military personnel to get one?
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Related questions

What states can military personnel apply for a military payday loan?

Some states that allow military personnel to apply for a military payday loan are Arizona, New Mexico and North Carolina. These loans are capped to 36% APR by the federal law.


Where can you apply for an instant approval fast military loan?

Loans to military personnel can be obtained from the many payday loan stores that are located in many municipalities nationwide. Consult the local Yellow Pages for locations.


What are the advantages to getting a Bank of America small business loan?

Getting a Bank of America small business loan offers many advantages to customers. These advantages include: loans up to $25,000, fixed interest rates, and quick approval process.


Who will pay the personnel loan after death of the individual?

Nobody will pay the personnel loan. Accroding to law, personnel loan is automatically cancelled after the death of the person who has borrowed it.


What services are offered by Pioneer Loan?

Pioneer Military Loans is an American organisation that loans to military personnel. Loans for amounts between $500 and $10,000 can be quickly arranged.


What happens to car loan while in basic training for military?

Failure to pay a loan can result in repossession, regardless of military circumstance. There is no special relief available for loans to military personnel, and the UCMJ is clear about servicemembers financial obligations being within the purview of civilian laws.


Are military personnel protected under the Soldier and Sailor act when co-signing for a car loan?

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What companies offer loans for military personnel?

You can probably get a loan from your bank or credit union. If you are a military member and belong to the Navy Federal Credit Union, that is probably the best place. You can be in any branch of the military and be a member of the NFCU.


How does lending work at Pioneer Military Loans?

At Pioneer Military Loans lending involves a loan of $500 to $10,000 being available with a fixed rate to military personnel. A person would not need a good credit score in order to apply.


Where could one find more information on the VA loan rate?

A VA loan is one for military members. To find out about getting a loan, benefits, and loan rates one can visit the website for veterans united or the VA loan.


What are the advantages of signing a loan agreement?

Is there any advantages to co-signing for a home loan


Which home equity loans are offered for military personnel by the Bank of America?

Bank of America offers the same type of home equity loans for civilians as they do for military personnel. Those options are a fixed rate loan or a variable rate loan. Bank of America will also offer active duty members the opportunity to receive an interest rate not to exceed 4% for up to one year after your service.