Pioneer Services, the Military Banking Division of MidCountry Bank, offers affordable short-term military loans for all ranks and branches of military. Loans are available from $500 to $10,000 and offer an easy application process, fast access to your money, complete confidentiality and a 15-day, risk-free satisfaction guarantee.

The military lending act gave relief to active duty service members. Payday loans are prohibited under the Act. and offer debt relief to veterans and families affected. USAF’s Chief Master Sergeant.

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Currently there are few short-term loan options available to active duty Armed Services members and their families. The Military Lending Act of 2007 effectively eliminated payday loans and other short.

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This table reflects the schedule of 2019 military pay dates for the active and reserve components. The information may help avoid any confusion as to when you should expect to see the payment.

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The MLA law caps annual interest rates which payday lenders, auto title loan and tax refund anticipation firms and similar outfits can charge military families at 36 percent.

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