How to Get an Army Military Loan

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By eHow Contributing Writer

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Just about the only way that you can get an Army military loan is to go to Army Emergency Relief (AER). This is a service supported by donations from Army members that take an allotment and donate a dollar or so out of their pay monthly to AER. Read on to learn how to get an Army military loan.

Difficulty: Moderate

Instructions

Step 1

Go to Army Emergency Relief as soon as you have an emergency. Usually a service member can go to Army Emergency Relief on post. If you are at home on leave, you can go to the nearest Red Cross.
Step 2

Fill out the request for funds. You must be able to document exactly why you need the money and how you will pay it back. Most loans are just that, loans. You may qualify for a direct grant under some circumstances.
Step 3

Provide all the documentation that they ask for. AER is very demanding. They will want to know your monthly pay and all of your monthly expenses. You must verify a real need to get a loan from them.
Step 4

Authorize an allotment once you get the loan so that Army Emergency Relief can take it directly out of your military pay. They usually give you very good terms for paying them back.

Tips & Warnings

Don't be intimidated by all the paperwork. They will tell you step by step what must be done. Just follow their directions and you will complete all the required documentation.
Don't rely on Army Emergency Relief every time you need money. Once they see that you are a repeat customer, you must come up with a very good reason for a loan. They don't want you to make a habit of relying on them.

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