Anyone know of a good/fast place for military loans?

Question

I'm an A1C in the Air Force and have no credit. I never had a credit card because I always paid with cash or debit (if I didn't have the money then and there, I didn't need the item because I didn't want to start any type of debt).
Anyway, I absolutely need a car. I work 6 miles from the Security Forces dorms on my base and I pay a guy 20 dollars a paycheck to give me a ride (to the same place he's going, no less).
I've tried to get a loan through USAA and I was denied due to having no credit. I then tried the Nevada Federal Credit Union to no avail due to the same reason.
I just applied for a loan through Pioneer Military Lending who will loan military money even with no credit, but something's wrong and my loan appliclation is neither approved or denied.

Does anyone know of a reputable place to go for a loan for military that's fast? (I'm hoping to buy a car Wednesday or Thursday.)

Any help is greatly appreciated.

Answer 1

Sorry, Bunte, but without credit, they're gonna rape you!! Seriously, don't go that route. You'll probably end up with a 20% interest rate. I would try Air Force Aid, they might be able to help. Especially if you get it no interest. But, to start your credit rolling, get a basic credit card. Stay away from the high interest ones!! The club card is decent. Only buy the stuff you can afford, and pay it off. You will slowly build credit that way. It's gonna take a bit, but please do it right. I've seen to many young airmen raped and their credit ruined from the vultures of base.

Answer 2

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RE :Anyone know of a good/fast place for military loans?
I'm an A1C in the Air Force and have no credit. I never had a credit card because I always paid with cash or debit (if I didn't have the money then and there, I didn't need the item because I didn't want to start any type of debt).
Anyway, I absolutely need a car. I work 6 miles from the Security Forces dorms on my base and I pay a guy 20 dollars a paycheck to give me a ride (to the same place he's going, no less).
I've tried to get a loan through USAA and I was denied due to having no credit. I then tried the Nevada Federal Credit Union to no avail due to the same reason.
I just applied for a loan through Pioneer Military Lending who will loan military money even with no credit, but something's wrong and my loan appliclation is neither approved or denied.

Does anyone know of a reputable place to go for a loan for military that's fast? (I'm hoping to buy a car Wednesday or Thursday.)

Any help is greatly appreciated.
1 following 4 answers

Answer 3

For Finance and credit solutions I recommend this website where you can find all the solutions. http://INSURANCEANDFINANCETIPS.INFO/index.html?src=fvombWC73

RE :Anyone know of a good/fast place for military loans?
I'm an A1C in the Air Force and have no credit. I never had a credit card because I always paid with cash or debit (if I didn't have the money then and there, I didn't need the item because I didn't want to start any type of debt).
Anyway, I absolutely need a car. I work 6 miles from the Security Forces dorms on my base and I pay a guy 20 dollars a paycheck to give me a ride (to the same place he's going, no less).
I've tried to get a loan through USAA and I was denied due to having no credit. I then tried the Nevada Federal Credit Union to no avail due to the same reason.
I just applied for a loan through Pioneer Military Lending who will loan military money even with no credit, but something's wrong and my loan appliclation is neither approved or denied.

Does anyone know of a reputable place to go for a loan for military that's fast? (I'm hoping to buy a car Wednesday or Thursday.)

Any help is greatly appreciated.
1 following 3 answers

Answer 4

Do you have any cash? If you have some cash, no debt and a regular job (the USAF qualifies) you can often buy directly from a used car lot. They will charge you high interest and you'll pay out a lot more than the $20 week. Be very careful of what you buy -- take someone with you who knows cars and who has negotiating skills if you don't.

Keep up the good habits of staying out of debt if you can. Save some money each paycheck and open a savings account. This will show regular income and the ability to save money. After a while you will have enough to either buy an older model for cash or put a good down payment on it. Remember that once you buy a car on credit you have not only the monthly payments but all the maintenance, insurance, gasoline etc.

Answer 5

look 20 dollars a week is cheap trasportation -- i am retired air force -- open up a savings account with you base credit union -- take your time and find some one on base that is selling a car for the loan value -- most credit unions will allo you to take out a car loan again a car that has or exceeds that has a value of the loan!!! remembe with a car comes insurance so check and see if you can afford the payment and the insurance!!!