Talking about the short term military loan, then it is the loan provided for a very short period of time and is between $100 to $2500 and sometimes more. Moreover, there is no any special requirement of documents of process of the loan. However, the interest rates may a bit higher for short term military loans.
On the other hand, long term military loans range from $500 to $25000 and more depending on your requirements and credit history. These types of loans for some more time. In other words, the repayment process may be in years. Interesting fact about the long term military loan is that the interest rates are also a bit smaller in comparison to short term loans. Apart from this, there are no early payment penalties, upfront fees and other hidden charges.
Military lending companies involved in military loan keep the respect and value of duty men's in mind. Therefore, offer loan without any boring formalities. Military loans are offered for different needs of active duty personnel. In other words, these loans are offered by different names like military debt consolidation loans, military motorcycle loan, military student loan, military insurance loan, military computer loan and the list goes on.
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