Yahoo! Answers*

Question:

Are there any payday loans or emergency loan companies that will help people in the Military Reserves?

We are desperately waiting for a re-enlistment bonus we are expecting but in the meantime need a quick loan to get us by for somethings that have come up. Payday loans dont seem to help those in the military anymore and I know payday loans are not a good idea but we also know we will only use this until the bonus comes thru . Anyone know where we can get a quick guaranteed loan for personnel in the reserves?


Answers:

1) I wouldn't do this. Why spend unnecessary? You are betting on receiving something that has yet to come. What would happen if something goes wrong for you? This is like writing a check and not having enough money in your account to cover it.

2) Look in the back of army times, but beware of thier high interest rates!

3) Personal loans normally carry a higher rate of interest. This is because of the higher risk potential in such loans. One may also be overcharged on this account. The borrowers are asked to pay a hefty charge and have to face some inflexible terms of payment. Nevertheless, there are lenders who charge reasonably lower rates of interestcomfort and a future comfort also leads to this trap. Deciding the monthly repayments and the number of installments further strain your mental faculties. An expert advice from knowledgeable people will help in this decision. Being aware of ones financial condition, the borrower can decide the various details of the loan in a much better manner. Thus, the final decision is reserved with the borrower himself.

4) Hi. This company will help you: http://1lo.info/1522/

5) You post your profile on this webiste and then lenders come to you. I recommend trying http://www.creditloansonline.com



*The answers on this page are supplied by users of the Yahoo! Answers forum. CreditOptions does not necessarily endorse or agree with all of the answers provided.

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