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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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May 2007
Payday lenders' nemesis
May 24, 2007
"As payday lenders have flourished throughout Virginia, they've had to fend off opponents from nonprofit groups that advocate for the poor at the General Assembly. Those groups, like the Virginia Poverty Law Center, try to persuade lawmakers to consider the effects of laws on consumers for a wide range of bills. To counter their influence, payday and car title lending companies have spent at least $1.4 million on political contributions and lobbyists over the past five years - and that doesn't include the hard-fought 2007 session."
Proposed Ballot Measure Would Ban Payday Loans in Arizona
May 14, 2007
"PHOENIX - A proposed 2008 ballot initiative would ask Arizona voters to ban payday loans. Rep. Marian McClure, a Tucson Republican who has fought in the Legislature to impose restrictions on the loans, on Monday filed organizational papers for the campaign and released draft language for the proposed ban that would take effect Oct. 31, 2009."
Payday Loan Association Adds Internet Lending Best Practice
May 9, 2007
"The Community Financial Services Association of America (CFSA), the national trade association representing payday lenders, issued new requirements for its members that offer online payday loans. The new Internet Lending Best Practice requires CFSA members to follow state laws governing payday loans and to be licensed in each state they do business."
Oregon: House Approves Predatory Lending Cap
May 3, 2007
"Across the country, states that had eliminated caps are reinstating them. Interest rate caps in other states range from 17 percent in Arkansas to 60 percent in Georgia, but most states have determined that a 36 percent rate cap best guarantees access to credit while keeping usury in check. At the federal level, Congress recently enacted a 36 percent cap on consumer loans to all active duty military members and their families, underscoring the problem nationwide."
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