Skip lenders that are payday. Army emergency-relief funds and credit unions are a lot better choices.

By Kimberly Lankford, Contributing Editor November 8, 2013

Where can people in the army get crisis loans apart from through payday loan providers? Wasn’t the law expected to stop payday leending to people in the military?

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Several sourced elements of low-interest (or no-interest) loans can be found to people in the army to assist them to pay crisis costs. They are options to your high-cost payday lenders that have actually usually targeted personnel that are military.

People in the military may take down tiny loans that are interest-free emergencies through the emergency-relief investment for his or her branch for the armed forces. Contact the community solution workplace at your base for details, or see Army crisis Relief, Navy-Marine Corps Relief community, Air Force Aid Society or Coast Guard Mutual Assistance.

Loans are often restricted to about $1,000 and are also authorized on a case-by-case foundation. Read More