Military Payday Loans - Oorah!
Personal Loans Info has pledged allegiance to our military forces by providing honest, upfront information on payday loans designed to target military personnel. These military payday loans have virtually no benefit other than sinking young solders into debt, and the worst part about the whole situation is that it is mostly ex-soldiers preying on the new by providing military payday loans to any and all applicants.
Why you so popular, military payday loans?
Military payday loans are so popular because of the niche they fulfill - financing the young. Young, hard working, financially irresponsible - these are the people who payday lenders target, and there is an overabundance of targets in the armed forces. Furthermore, with military payday loans lenders do not need to worry about employment checks are a steady source of income - its Uncle Sam! Nobody can back up their cash better. Recent studies in Washington have shown that the concentration of payday loan stores is up to 100% higher near military bases when compared to other urban areas of the state. So people know the profitability and demand for military payday loans, and they are providing a ready supply accordingly.
Tricks of the military payday loan trade
Common features of lenders offering military payday loans include:
- militarily themed stores, such as "Allied Loans," or even the brazen "Airforce Loans," to fool the soldiers into believing that their quick military payday loans are government sponsored. They are NOT!
- employing ex-military personnel to encourage solidarity and trust in these lending institutions.
- eliminating all credit checks and all income verifications because all of their applicants come to the plate with the same swing.
Military payday loans are exactly the same as "civilian" payday loans, except military personnel face stiffer consequences at the hands of derelict accounts. Failing to repay fast military payday loans is a violation of UCMJ Articles 123a & 134, and can result in:
- confinement in a miliraty prison
- a court martial
- loss of security clearance
- unit transfers, and even
- DISCHARGE!
So be very, very careful, men and women of the US armed forces - online payday loans are not there for your benefit, and only you can protect yourself from their attacks. Don't let military loans put you in debt - if you see instant military payday loans coming over that ridge, either attack with all you got or get the sam-hill out of the way!
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