FAQ

Frequently Asked Questions – How To Get a Military Loan
Some things you need to know about borrowing money. This page contains a list of common questions that military members like yourself find useful before applying for a loan.

When I apply for a loan, am I committing to an unknown interest rate and loan amount, or will I have a chance to accept or decline the loan?

After reviewing your income and credit, legitimate military loan companies will make you one or more offers; you may accept or reject the offer(s) with no obligation.

What loan amount do I qualify for?

Loan amounts are based upon amount requested, your credit history, military rank, years in service, ETS, and debt-to-income ratio. We are unable to pre-qualify you by phone; you must apply online so we can look at your entire credit profile. If we are unable to accommodate that amount, but can offer you a loan for a lesser amount, we will communicate that offer to you.

But can I get the money fast?

Yes! You can often get your military loan within hours, not days. And by getting a military installment loan you can save hundreds—even thousands—of dollars in the long run over other forms of borrowing.

What is an EFT?

An Electronic Funds Transfer or EFT, allows for your payment to be electronically withdrawn directly from your checking account(s) or, in some cases, from your savings account(s).

Can I make additional payments?

If you’d like to make additional payments, you may certainly do so directly to your lender. It is always a good idea to pay off your loan as quick as you can.

If I have bad credit?

Most military lenders have flexible terms towards military personnel. Unless there are serious issues with your credit history, every lender will do their best to get you the money you need with competitive rates.

To apply for a loan, just go to Pioneer Military Loans. Tell them USMilitary-Loans.com sent you. Thanks.

If you cannot find the answer to your question, let us know and we will do our best to help!

You serve the United States Armed Forces…let us know serve you now. Thousands of people apply for a military loan using an online application. If you are looking for a loan, use your military status to apply now.