Military Loans:
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FAQ

Why did Congress impose strict limitations on service members’ access to military payday loans and military cash advances?
Because these types of transactions often charged more than 300% APR! In addition, the fact that you can roll them over if you are unable to pay for them can lead to a devastating cycle of debt. A “simple” $500 military payday loan could wind up costing a service member thousands of dollars in fees.

What makes an installment loan better?
The interest and APR are lower, unlike a military payday loan or military payday advance. Plus, you know when you’ll have the debt paid. Click here for more information.

Why Pioneer Military Lending?

But can I get the money fast?
Yes! And once your loan is approved, Pioneer Military Lending can deposit your money directly into your account, so you don’t have to wait for a check to arrive in the mail. And by getting an installment loan instead of a military payday loan, you can save hundreds—even thousands—of dollars over what you would have paid otherwise.

What if I have bad credit?
Pioneer Military Lending works exclusively with the military, so they understand how military life can sometimes negatively affect a credit score — even though the customer has a good payment history. In addition, this company looks at a number of different factors when approving a loan. They have even developed their own, exclusive military credit scoring model, to evaluate service members’ credit more fairly and accurately. So take action to solve your financial problems. Apply today and start down the road toward an affordable military loan and a better credit score!

Military Pen Pals & Friends
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Military Loans for
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