Army Veteran Loans – Borrow $500, $1,000 or $2,000 Online Today – Bad Credit Accepted
Apply Online Today with Same Day Decision!
You can get a Loan for Army Veterans today – Repayment between 1 and 60 months – even if you have a rocky credit history!
Our quick and easy online application takes just 5 minutes to complete and doesn’t leave a footprint on your credit.
Thank you for your service!
How To Get a Loan for Soldiers and Veterans
Why Should I Get a Loan for Veterans and People in the Army?
We commend our brave soldiers fighting for the United States overseas and we know that once you come back, it can be tricky to manage your finances.
Studies by the Pew Research Center found that more than 30% of military veterans struggle to pay their bills.
Dime Alley’s Loans for Army Veterans will help to provide you with a bit of comfort knowing that you’re covered until your next payday, or for any unexpected medical or car repair bill.
We Offer:
- Loans for people in the military and service
- Loans for people in the navy and peace corps
- Loans for people in marines, space forces, coast and national guard
Can I Apply for a Veteran Loan with Bad Credit?
Don’t worry – you can apply for an army loan with Dime Alley even without perfect credit!
Our trusted lenders lend to borrowers with all kinds of financial records. They aim to provide you with the best available rates to you and help you where they can.
We know that it can be stressful securing a loan when your credit history is imperfect, which is why we consider all applications. We try to make stressful times that bit less daunting.
In fact, if you get a loan and pay it off according to the terms of your agreement, your credit history could be improved.
Where Can I Get a Veteran Loan Near Me?
We provide loans for veterans in all of the 37 states which approve these types of short-term loans. These include California, Texas and Florida.
In some of the states we operate in, we are limited by legislation on how much we can lend. In some states, the interest on loans are limited, such as in South Dakota.
We don’t operate in the states where payday loans are not authorized, such as New York.
What is The Eligibility Criteria for a Loan for Army Vets?
You can apply for an Army Vet Loan with us as long as you meet these following four requirements;
- Are over 18 years of age;
- Have American citizenship;
- Have a minimum monthly income of $800;
- Have a current account for us to deposit funds into.
What Should I Consider Before Applying for a Veteran Loan?
Before applying for a loan for army vets with Dime Alley, you should consider the following:
- Whether you urgently need the loan, how you will pay it back, and what will happen if you fail to.
- Your credit record will determine the terms you are offered on your loan. The stronger your credit history, the lower interest you are likely to be offered.
- Whether you could seek the funds elsewhere, such as from friends and family.
What People Say About Us
“I found Dime Alley on Google and applied in a few minutes. I got an instant decision and approved on the same day and was able to pay to have my car repaired immediately. I paid back the loan in 2 weeks and was sorted.”
Bob, Florida, July, 2021
“Personal and friendly, they did what they said they would do, I was approved for a loan although I have bad credit. It was just a short term thing, but has helped me and my family.”
Malik, California, December 2022
“I found the experience overall easy to use. I had to sign an agreement online and all the terms were there and very clear. I would do it again if I needed some money.”
Imani, Georgia, March 2021
How Fast Can I Get My Loan for Soldiers?
You can borrow $1,000, $2,000 or $5,000 and receive money in your account the very same day or within 48 hours.
When we receive your application, we connect it with one of our regulated lenders who we deem a good fit for you. We aim to find you a match within 24 hours.
How Do I Repay My Army Loan?
Repayments on your loan will be withdrawn from your checking account on the same agreed-upon day each month until you have paid off the loan and interest.
Payments are made in equal amounts and you have the ability to pay your loan off early if you can.
More Frequently Asked Questions
Can I Get More Than One Army Vet Loan?
In most states, you can have more than one loan out at once, but it depends on your states regulations.
For instance, in California, lenders can offer a loan (called a “deferred deposit transaction”) of up to $300 for a term of up to 31 days, however, a borrower can have only one payday loan outstanding at any given time.
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How Much Can Vets Borrow?
With Dime Alley, you could find loans ranging from $100 to $35,000 – with the amount you can borrow based on factors like your monthly income, credit status and affordability.
Other things come into play too, including your residence (homeowners are often preferred), age and whether you have any other similar loans open too.
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What is the Repayment Period on my Army Loan?
Veterans can repay over 1 month to 60 months (or equal to 5 years) – this will depend on whether you prefer the payday option which may be just a few weeks or months, or the longer installment option which can be several years to stretch out your repayments.
Payments are usually made in equal monthly installments from the bank account you choose and you always have the option to repay early if you would like to do so.
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Which States Offer Army Veteran Loans?
We provide loans in all of the 37 states which approve payday loans. These include California, Texas and Nevada.
In some of the states we operate in, we are limited by legislation on how much we can lend. In some states, the interest on loans are limited, such as in South Dakota.
We don’t operate in the states where payday loans are not authorized, such as New York.
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What is the Interest Rates on Veteran Loans?
The price cap interest rates on loans varies depending on your states’ regulation – some states have looser requirements, some have stricter and some don’t allow these types of loans at all.
Idaho and Texas have looser caps – over 600% – whereas Illinois and Colorado are stricter with caps of 36% – the amount you’ll pay depends on the state you live in.
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Can I Get a Veterans Loan With No Credit Check?
Dime Alley will consider those looking for no credit check loans, but note that a credit check is usually carried out for all customers.
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