Welcome to Army Military Loans
The Armed Forces of the United States of America is composed of well-meaning men and women, engaged in the noble cause of preserving peace and order as well as common conditions both in the localities they serve in America or other territories abroad.
Our servicemen are vital to this country’s desire for world peace and in our fight against oppressive regimes and terrorism. They are our modern day heroes and as such, should be accorded with much respect and support—including financial aid. Like those from the private sector, members of the Armed Forces, at times, also find it difficult to make ends meet. Not so much with the recruits with most of them being single; but what with the married servicemen? To bridge their financial needs, Military Loans come in handy.
Our servicemen have various needs, from car repairs to the purchase of a new TV set down to expenses for a new baby in the family; a Christmas gift perhaps and various out of pocket expenses as well, all add up to an additional need for funds. So depending on the need, whether it is short-term or for the long run, loans are provided to fill this gap. What effect will this have on our personnel, manning Patriot missiles in Israel, if he still has to contend with domestic problems? Our servicemen need to be physically and emotionally ready to meet eventualities in the field. And to achieve that, something should be done to relieve them of the cause.
Loans are accessible to all military personnel regardless of rank. Loans granted to members of the armed forces have lower interest rates, are not difficult to acquire, and speedy release of funds is guaranteed. These serve to unburden them of unforeseen financial requirements. After all, their presence allows Americans in all 50 states to feel safe and sleep soundly at night.
For an interim need, Payday Loans are available from many private financial institutions, usually ranging from US$ 100 to as much as US$ 1,500 in amount. Credit usually is payable the following month or on the next payday. Borrowed funds may be used to finance emergency expenses for tuition and fees, utility bills, or medical checkup. A unique feature of this type of loan is that it can be availed within 24 hours and anywhere in the world if the serviceman is deployed abroad.
Long-term loans are also available to finance various purposes which include house and lot acquisition, purchase of an educational plan or a new car. These loans are granted for a fixed term of 15 to 30 years.
A recent development to military loans access is the on-line processing feature. Military personnel can apply for loans online, and once qualification requirements are satisfied, funds are immediately deposited to the serviceman’s bank account. Military personnel based abroad would immensely benefit from this program.
In the end, it can be said that efforts are being made to make life in the military tolerable and well-compensated.