If you have bad credit or poor credit and believe you shouldn’t even bother applying for a military loan, we at Just Military Loans want to set the record straight and help you obtain a loan. First and foremost, if you need a military loan and are serving in the United States Army, Navy, Marine Corps, Air Force or Coast and have 9 months active duty left on your tour of duty you’re in a great position to accomplish two very important personal goals:
- Get the cash you need right now even if you have bad or no credit
- Qualify for a military loan, and then pay it back with monthly installment payments which can certainly help build up your credit score.
Why is having a good credit score that important anyway? It doesn’t matter if you are currently serving in the U.S. military or only 9 months away from re-entering civilian life, credit scores are one of your most important “thumbprints” in determining if you can finance a new or used car, at a competitive rate, qualify for rental housing, and even purchase a home. This score really can have an effect on your entire life. Your credit rating is also known as your FICO score. The word FICO stands for the Fair Isaac Company which developed this form of calculation to determine your credit related consumer spending and pay-back habits. Other companies can also determine your FICO score, but Fair Isaac is the most widely used and trusted at the present time.
We offer loans bad credit military loans! At Just Military Loans, we know you’re more than a credit score. We have developed a comprehensive military underwriting model that takes into consideration many aspects of your personal life as well as your military career. And that’s important because we don’t simply judge you on a three digit number. Since we are exclusively positioned to work only with members serving on active military duty, we are in a unique position to not only understand your military lifestyle and the demands placed on you, but answer all of you frequently asked questions regarding obtaining a loan from us. Find out how easy applying to get loans for military with bad credit can be with us.