Military Loans Information

"A thing is worth only what someone will pay for it."

If you want to know how much your car, house, or dog is worth, put it up on craigslist and see if you get any bites.  We always tend to think our possessions are worth more than they really are, and we're surprised when no one wants to buy our shiny new Hummer for the edmunds.com private party price.

The only real way to see what kind of military loans you can get is to go shopping.  See what offers you get.  We can put up target rates all day long, but until you price them out, it's all fantasy.

The Goat here to give you the quick and dirty on military loans again.  Time is precious so let's help each other save it with some to-the-point nuggets of truth.

You want a FICO credit score above 720 or so.  That usually qualifies you for the best loan rates.  Lower is worse, and below 600 or so you should spend all of your effort cleaning and repairing your credit.  A 680 FICO loan costs $1000 more than a 720 FICO loan on a $25,000 auto loan.  Most loans go up about 1% (about $1000 on a 25k loan) per 40 FICO.  If you did the math, the time you spend repairing your credit might be worth over $50 an hour.  Think about it, but not too long.  Better you take action and take control.

Today's rates (APR) for the best military loans:

VA Home Military Loans: 6.4% APR

Auto Military Loans: 6.7% APR

Payday Military Loans: Don't!

 Below are a couple of tools that you may find useful for running the numbers and getting the latest info (these are not specific to military loans, but rather loans in general).  We do not endorse the links that these widgets go to, so click at your own risk!  Enjoy:

Below is a compilation of several links regarding military loans.  Feel free to browse these links and let us know if there is something we should add.  Thanks.