| If you are in the military and are thinking of getting a | | | | points to look for in choosing a company that offers |
| personal loan make sure you know the facts of your | | | | personal loans are: |
| loan terms before signing on the dotted line. You will | | | | Not A Payday Advance Loan Company |
| find that there are many businesses on the internet | | | | Competitive, Reasonable Interest Rates |
| claiming to be military loan companies, however, all of | | | | Flexible and Affordable Loan Payback Terms |
| these loan companies are not created equal. A great | | | | Stable Company With Excellent Reputation |
| majority of these businesses advertising as military | | | | Fast Loan Decisions (this is most important if you have |
| loan companies are actually just payday advance loan | | | | an emergency situation) |
| shops. These payday advance loan dealers are | | | | Loan Rescission Period (ability to cancel loan if you |
| nothing more than modern day loan sharks. They are | | | | change your mind) |
| designed to trap you into borrowing more money, | | | | One such company that fits the above criteria is |
| thereby escalating your debt while charging you an | | | | Pioneer Military Lending. They have been serving the |
| annualized interest rate that will most likely exceed | | | | military exclusively for almost 2 decades and offer |
| 300%! You should stay away from these type of loan | | | | personal loans to active duty military, 20-year military |
| companies at all cost. There are legitimate military loan | | | | retirees, and DOD employees. They offer loan |
| companies who offer personal signature loans with | | | | amounts from $500 - $10,000 and loan proceeds can |
| reasonable interest rates... you just have to do your | | | | be used for any purpose including debt consolidation, |
| homework when shopping around. Some important | | | | computer financing, emergencies and auto financing. |