About Military Cash Loans

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Military cash loans are geared to people in the U.S. military and are based upon current debts, bills and income. Apply for a military cash loan through an online application with advice from an investment consultant in this free video on loans.

Part of the Video Series: Personal Finance & Money Management
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Video Transcript

Hi, I'm Roger Groh. We're here today, to talk about military cash loans. If you are a member of the US military, if you're stationed outside the United States, to apply for a loan in the US. As a result, the business has developed, that focuses just upon US service people, where you fill out typically, an online application, and then a virtual bank, then looks at your application, and decides whether or not to loan money to you. What are they going to look at? Well, they're going to look at all of the loans that you already have, and the amount of money that you owe people every month, and they're going to look at the amount of money that you make after tax. They're going to compare the two, see if they feel comfortable loaning you more money. If they do, great. They'll stick it in your checking account, and then you have to make monthly payments back to that institution, that lent money to you, so really it's a marketing plan, geared towards US servicemen and women. That's a little bit about loans, to US servicemen and women.

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