How Much Can I Borrow?
Military Loans of America and its lending programs are designed for secured military financing. We are not a short term loan or a pay day lending company. You are only approved for as much as you would like to spend! Whether you are in search of a military loan for furniture, appliances, televisions, computers, rims and tires, the purchasing options are endless. After you receive your approval you can be shopping within minutes.
Generally speaking most of our secured military loans are within the range of $1,000 to $10,000. The specific amount is not known until your approval is processed and all factors are taken into consideration. With the unique Military Scoring Model, your rank and military service profile play large role in the approval process. Many times we are able to offer loans to service members who would be turned down in most civilian credit situations Our staff is well versed in maximizing the amount of your approval to give you the financial flexibility you may be looking for. Regardless of the amount you may be approved for, it’s still your choice to use all or just a portion of your full approval. Wouldn’t it be nice to have some extra left over in case you need it for later?
Monthly payments are structured to suit your budget and the time frame in which you would like to have your loan paid off. There are no pre payment penalties; in fact with some lenders there are incentives available for an early payoff- such as no interest applied to the balance.
Military Loans America offers you the freedom of the lifestyle you and your family deserve. If you have any further questions please contact us. We are here to serve you!