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Pioneer Military Loans
Information about Military Loans for U.S. Military Personnel
Military loans can be a blessing, or a curse, for U.S. Military personnel in need of quick money for emergencies, travel, etc. Here at MilitarySpot we know many military people who have benefited from the assistance of military loans, but we also know more than a few who have been ripped off. Unfortunately, there are many lenders out there who are charging military personnel exorbitant interest and fees for loans. Many of these lenders are located just outside military bases, and some prey on military service members on the Internet. As "former military" ourselves, we want to be fair about what we recommend to military people on the issue of military loans. First, we suggest that you visit your military base assistance office (the office that helps military families, spouses, etc.). A no-interest or low-interest loan may be available. Second, we suggest that you check out Pioneer Military Loans. We recommend Pioneer Military Loans when loans are not available to you through your base or other military support organization. Pioneer charges fair rates and has good standing within the military community. More Pioneer Military Loan Information...

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Military LoansPIONEER MILITARY LENDING - PERSONAL LOANS UP TO $10,000
MilitarySpot.com recommends Pioneer Military Loans for your personal loan needs. Pioneer Military Lending is committed to serving the active-duty and career-retired men and women of our armed forces. Their secure and private online loan service is designed to provide you with the convenience and accessibility you need. They offer competitive interest rates and loan products for all ranks, and their online application is available 24 hours a day, seven days a week. All of their loan products are backed by Pioneer's Four-Star Guarantee. If you're not 100% completely satisfied with their service, you can cancel your loan within 15 days at NO cost to you. Click Here
Pioneer Military Loans
Military Loans in the News
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Pentagon Rules Will Leave Military Families Unprotected, Says Consumer Groups
June 12, 2007
"Consumer advocates strongly urged the Department of Defense Monday to make significant changes to proposed federal regulations to ensure that predatory lenders can no longer strip earnings from U.S. soldiers and their families. As written, the regulations will leave loopholes large enough for payday, auto title and other predatory lenders to glide through, letting them gouge military borrowers without regard for a pending 36 percent interest rate cap, said the groups in a written response to the Pentagon's request for public comments."
MidCountry Financial Corp. Buys Pioneer Financial Services
June 04, 2007
"A Georgia-based company has acquired Pioneer Financial Services Inc., the $272 million Kansas City-based lender to military personnel. Neither Pioneer Financial nor MidCountry Financial Corp. disclosed terms of the sale, which took place late last week. Both companies are privately owned. Pioneer Financial, however, reported its financial results publicly because of investment notes it has sold publicly. Pioneer's March 31 financial report said the company's equity totaled $34.2 million. It earned $5.1 million in the six months that ended March 31, up 35 percent from the same period a year earlier. It earned $8.1 million during its 2006 fiscal year, which ended in September."
Nevada: Governor Signs Payday Loan Law
June 02, 2007
"Buckley said that while the legislation is needed to protect all those who deal with short-term, high-interest lenders - payday, car title and installment lenders - it is especially important for military personnel whose families are under severe financial stress because they are on active duty. She said 20 percent or more of those loans are to military families."
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