No discussion of military loans and military lending is complete without a review of the “Military Lending Act” (or MLA) of 2007. In 2007, Congress added an amendment to the Defense Authorization Act to add very strong federal protection for American servicemembers against certain types of predatory lenders. The Military Lending Act became [...]
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military loans
If you have been in the Military for any length of time, you’ve heard about Pioneer Military Lending (also known as Pioneer Services, a division of Midcountry Bank). Read more about this great company here.
In this time of economic instability, it becomes more important than ever to have an emergency fund as well as cash on hand. It used to be that the amount of money you should have in your emergency fund should be equivalent to three months of your salary. However, since it usually takes longer than [...]