Payday Loans are for immediate cash at very high interest rates. If you have bad credit, it's easy to qualify for a payday loan, but at a steep price. The Department of Defense has recently mandated that military members CANNOT take out payday loans, so payday loan companies CANNOT attack the financial security of military personnel (and their families). Hooray (and hoo-rah!) for that!
Since our loans are NOT payday loans - and are at fair interest rates - military members CAN qualify, even with bad credit. And it makes much more sense than paying 500% interest every couple of weeks to a cash advance company or visiting the pawn sharks every month to roll over your loan, while paying outrageous fees and "service charges" to people who want to bleed you dry.
Green Loans understands you can't be financially prepared for every situation - sometimes you have to improvise. We state (upfront) all of our fees (in plain English). No screw-ups and no SNAFU's here. Before you even get a military loan from us, you check your rate - with NO credit risk. Don't like the loan rate? Then don't take the loan. But we think you'll like it, and, if you do, Green Loans' fixed rates of 6.99% to 35.64% APR and 1, 3, or 5 year payment terms NEVER change. And neither will your monthly payment. On top of that, you can pay off your entire loan anytime you choose, with no penalty or fees. Only need a six month loan? Take out a 1 year loan and just pay it off early. Improvise and overcome with Green Loans!
