Loan Reviews

Are their any reputable companies that offer personal loans for military veterans?

My husband was looking for a personal loan (to pay off some bad debt quickly, before it ruins his score) but we can't find anyone who specializes in Military Veterans for personal loans. I know that Pioneer Military Loans offers good loans but those are for active duty or career retired and my husband did not retire (he instead was honorably discharged after 6 years service). We live in Washington State if you know of any here.

Public Comments

1. Obtaining an unsecured loan to pay off other debts is almost impossible. If you have collateral (like a paid-off car or a paid-off home) then you should be able to get help from a bank or credit union. Or if someone in a strong financial position with great credit will agree to co-sign you might be able to swing something. However, in these economic times, you'll probably not find what you're looking for........military veteran..active duty...or mere citizen.
2. Try a local credit union. He may qualify for a military-affiliated one.
3. I don't think you'll find any lenders willing to lend just because of veteran status. You still need to qualify for the loan. I would recommend that he look into USAA for future banking and insurance needs. They are very good.
4. USAA does banking for military veterans. They also offer insurance and lots of other services. I got 2 car loans through USAA. They are still pretty strict with giving out loans however. You still have to have decent credit and a steady income.
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