As anyone serving in the Military will tell you, the job is a privilege and a source of great pride. Unfortunately, however, many of these same individuals may also experience financial problems and have money troubles. Part of this is due to the low pay recruits and those starting out receive, which is legendary and is one the few drawbacks to military service. Part of the problem is the age of many recruits – just out of high school or college – who may or may not have enough experience with money and budgeting to be able to make a single paycheck per month last for 28 – 30 days. The remaining group have problems with living beyond their means, which is of course a problem afflicting many of us who are not serving in the military.
Military Loans – Why Is There A Need?
Military loans provide the answer, of course. However, amidst the responsibility of doing their jobs and defending our great nation, many military personnel have very little time to go from lender to lender to locate the best deal. Those that do often find that issues such as bad credit, past bankruptcy, or no credit will not allow traditional lenders to work with them. In addition, many lenders do not want to work with military personnel due to their occupations and lifestyles, both of which make them bad credit risks. This has led to an outbreak of credit problems for the military and a reputation among them as having bad credit.
Military Loans – We Are the Solution
Fortunately, however, there are companies that specialize in military loans, such as US Military Lending Corp. As the name suggests, USMLC specializes in providing fast loans to military personnel. All that is required is that the applicant be serving full time in the Army, Navy, Marines, Air Force, Marines, or the Coast Guard and that the current tour of duty have at least a year remaining. Credit score may be looked at, but is only one of many considerations in the decision. Loan approval or denial is provided within 24 hours and funds can be sent the following day. USMLC has even made repayment easy – it done through allotment. This is much better because it allows the borrower to relax and not worry about writing a check every month or risking late fees. For more information on the military loans available with USMLC, please call 866-608-7652 or go online to http://wwwusmilitarylendingcorp.com.
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