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Veteran Emergency Loans From LoanNow – Helping Good People Get Better Loans

After serving their country with honor and bravery, many veterans face financial hardship after returning stateside. In urgent situations they may need money right away.  But banks often require weeks to make a lending decision – and many deserving vets are turned down due to less-than-perfect credit. Fortunately, LoanNow can provide veteran emergency loan funds to help our nation’s heroes prevail over their financial challenges, without the drawbacks of many other nonbank lenders.

The Military Lending Act of 2007

Before the Military Lending Act of 2007 was passed, many active duty personnel were victimized by predatory lenders. But the Act placed limits on many forms of loans made to active duty personnel, including capping interest rates for many loans at 36 percent. But the Act doesn’t apply to veterans. As a result, borrowers seeking veteran emergency loan funds may be vulnerable to unscrupulous lenders.

Car Title Loans

Far too often, car title loans are the source for veteran emergency loan funds.  Car title loans can be deceptive – on the surface they look like unsecured loans because you don’t have to give up your car to get the loan.  But don’t be fooled — if you don’t repay the loan, the car title company can take your car – regardless of the size of the loan or the value of your car. In extreme cases, your car worth more than 10,000 dollars can be repossessed for a 1,500 car title loan. Who has time for that?

Targeted Loans for Veterans

Some lenders provide targeted veteran emergency loan funds. But lending standards can be strict, and vets who don’t fit their criteria are out of luck. For instance, one online lender (Pioneer Services) requires veterans to have served 20+ years before retiring or be medically retired to qualify for a personal loan. Other lenders catering to veterans are disreputable, trapping vets into debt that can persist for months, if not years.

LoanNow

For many of our nation’s heroes, LoanNow personal loans represent the best source of veteran emergency loan funds.  Our online-only** application generates responses within minutes †. And LoanNow never requires collateral – not even your car title. If your credit isn’t perfect, you may still qualify. We consider your whole financial profile in making lending decisions. We often say yes when banks say no.  And unlike car title loans, LoanNow structures its repayments in manageable monthly installments that work with your budget. . LoanNow is proud to provide vets with the cash they need to meet their financial challenges now and improve their financial situations for the future!

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Why LoanNow

  • 5-Minute Application

    All it takes is a few minutes. We’re fast, easy and headache-free.

  • Fast & Easy Approval

    Get your quick loan approval online. Money in minutes. †

  • Deposit to Your Account

    Funds are deposited fast into your bank account! ‡

How It Works

  • Apply Now

    Complete our easy online application. It takes 5 minutes and there is no paperwork and no faxing required.

  • Get Approved

    You will get a quick loan approval decision. We are a direct lender so there is no long wait for an answer.

  • Get Your Money

    We deposit your money right into your bank account. Your installment loan payments come from the same account - automatic, no hassles.

What We're About

  • "We believe we can change the world by helping people with less than great credit get back on track."

    Miron, The Team

  • "Our loans reward you for good behavior instead of trapping you in an endless spiral of interest & penalties."

    Harry, The Team

  • "Our mission is to build the fastest & easiest way to get a loan."

    Jesse, The Team

Grow Your Score

Our personal loans reward you for good behavior instead of trapping you in an endless spiral of interest & penalties. Together, we grow your LoanNow score to unlock better rates.

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* Funds will be distributed via ACH. Most banks will post the funds to your account by the next business day. Subject to underwriting approval.

** Subject to online availability and underwriting may request additional items prior to final approval.

† Loan approvals are subject to underwriting criteria and the approval process may take longer if required items are not able to be verified online or additional items are requested.

‡ Funds will be distributed via ACH. Most banks will post the funds to your account by the next business day. One’s bank will determine when funds are actually available.

LoanNow Trustpilot Rating: 9.3 out of 10 based on 570 reviews as of March 2016. SuperMoney Rating: 9.5 out of 10 based on 55 reviews.