If you are part of the military and are in a short term financial bind, then military payday loans are exactly what you need. A military payday loan is exclusively offered to military personnel that are currently serving our country. You can borrow up to 50 percent of your monthly income when you apply for a military payday advance. Payday loans and advances are short term loans that are generally paid back in about two weeks plus interest. These loans are short term financial options not long term financial solutions.
There are no credit checks when military payday loans are requested. If you have bad credit then you do not have to worry about being turned down for a bad credit score rating. If you are based in the United States, you will be able to receive your funds anywhere from one to five days later. Those who are overseas must wait for their payday advance to be wired over. There are some military payday loans that can extend your current agreement if you are unable to payback your loan on time. Make sure these details are discussed prior to signing the contract.
There are no questions asked when you want to take out a military payday loan. You can use your payday advance for anything that you need. If you need more military payday loans, then it is recommended that you pay off your first payday advance before taking out another one or rolling over the loan.