Military Loans - Military Loans for all ranks and branches of the US Armed Forces
Military Loans
Military Loans
Why Choose Pioneer?
Military Loans Loans from $500 to $10,000
Military Loans All ranks and services eligible
Military Loans Manageable payments for all credit types
Military Loans Fixed payments and rates
Military Loans Special rates for good credit
Military Loans No surprise fees
Military Loans No collateral required
Military Loans Money deposited quickly
Military Loans Easy application process

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Military Loans FAQ
Military LoansWhat is a military loan?
A military loan is a cash loan made by a private company to a member of the US military or military family member.
Military LoansHow much can I borrow?
Pioneer Military Lending, for example, advertises military cash loans from $500 to $10,000. In general, companies in the military lending business use a number of factors, including credit history, rank, time left in current military contract and debt to income ratio to determine the amount that can be borrowed.
Military LoansCan I still get a loan if I have bad credit?
Many if not most military lenders understand that many applicants will have either no credit history or a bad credit history. And they also understand that military members are honest and trustworthy. Accordingly, many military loan companies are willing to make loans to servicemembers where other financial institutions such as banks may decline. In fact, some military loan companies specialize in bad credit military loans. It doesn't hurt to apply if you have bad credit, and you may be surprised to learn that you are eligible.
Military Loans News
Military LoansActive Duty Alert for Deployed Servicemembers
6/08/2011 - The Better Business Bureau is recommending that deployed servicemembers place an "active duty alert" on their credit report to help minimize the risk of identity theft during deployment.
Military LoansPioneer Services Launches Operation Building Freedom
5/15/2011 - Pioneer Services, provider of Pioneer Military Loans, has launched Operation Building Freedom at Facebook to benefit Homes for our Troops. The non-profit organization constructs specially-adapted homes for severely injured troops.
Military LoansLenders Continue to Target the Military
4/15/2011 - 18 of more than 40 credit service organizations registered in Texas are within three miles of Fort Hood, reports the Fort Hood Herald. Though, a new bill introduced in the Texas House could shut down the state's entire payday lending industry.
Military LoansBusinesses Preying on Service Members
3/07/2011 - Businesses are using increasingly deceptive tactics to target military service men and women, including selling cars they never owned, then going out of business leaving the service member in debt with a large loan for a car they don't own, reports NBC17.
Military LoansDepartment Of Justice Investigating Military Loan Practices
2/20/2011 - The DOJ is investigating lenders, including J.P. Morgan, who may have overcharged military service members on home mortgages. J.P. Morgan has admitted to overcharging more than 4,000 military families.
Military LoansHigh-Interest Military Loan Lenders Circle the Gates at Fort Sill
1/25/2011 - The Huffington Post reports that an Army Private First Class at Fort Sill was left with only $148 a month after falling victim to high-interest military loans.
More news...
More Military Loans Information

Military Loans
About Military Loans
Before applying for a military loan with a commercial lender, inquire first with your base assistance office or organization that assists servicemembers such as the Navy-Marine Corps Relief Society. Low interest or no interest military loans may be available for servicemembers in need.
An October 2007 Department of Defense regulation imposed a 36 percent APR cap on military loans to military personnel and their families.
The 36 percent cap has effectively put military payday lenders out of the military loan market. Military payday loans were loans that were due the next payday and often carried outlandish interest rates since the loans were often rolled-over from payday to payday.
Because of the 36 percent cap, local cash loan stores are generally prohibited from offering payday loans to military servicemembers and their families.
Military loan companies can offer military loans to servicemembers, including those with bad credit, because loans are usually repaid via allotments.
Be wary of loan companies that require collateral or signing over the title to your car to secure the loan. This can lead to the repossession of your car and more financial troubles.