Pioneer Military Loans in the News Military Loans News Home  Pioneer Military Lending Fills Loan Gap for Military Families September 18, 2006 "PML succeeds because two of every three customers are referred by satisfied customers, leaders or community organizations. In addition, PML does not make 50 percent of loan requests received, recognizing that financial education and sound financial decisions are better alternatives than creating an endless cycle of indebtedness for service members. Moreover, as the industry leader, PML has endorsed federal legislation supporting a federal APR cap of 36 percent for all military loans - as recommended by states, consumer groups, and national military organizations."  Pioneer Services Representatives Win Better Business Bureau Award September 14, 2006 "The Torch Award recognizes businesses that exemplify Better Business Bureau (BBB) standards for ethical, honorable practices that are in the best interests of the customer. Recently, Pioneer Services was awarded a Torch Award because of several practices, including a Code of Conduct for Military Families and a no questions asked, 15-day return guarantee."  Pioneer Services' Campaign Save Military Families $50 Million August 11, 2006 "Last year, Pioneer Services Representatives set a goal to save military families $100 million in high-cost, predatory debt by providing educational opportunities and services that help service members break the financial debt cycle. This week, Pioneer Financial Services announced that they've already reached the half-way point in this campaign, achieving more than $50 million in documented financial savings for service members and their families."  'Payday' Loans Become Target in Washington August 3, 2006 "Talent's chief opponent in the fall's Senate race, Missouri Auditor Claire McCaskill, said the bills by Graves and Talent were crafted to avoid affecting Pioneer Financial Services, a firm based in Kansas City that makes longer-term loans to service members and that has contributed to Graves. Schlein's group said the bill would help Pioneer by killing its payday competitors. Graves denies any special treatment for Pioneer, saying the 36 percent figure came from North Carolina and other states that had set caps at that amount. The spokesman for a consumer group that supports Talent's bill said setting the rate at 36 made the measure vulnerable to political criticism - and that lowering it even to 35 percent would strengthen the measure by including Pioneer and similar firms."  Pentagon report due on predatory military lending July 18, 2006 "The Pentagon is expected to ask Congress to cap the interest rate lenders can charge troops on loans, defense and congressional sources said, a move that could drive the payday loan industry out of military lending. Congressional sources have noted that for example, Pioneer Financial Services, a Missouri lender that employs some practices that could be prohibited under a bill approved by the House of Representatives, would be unaffected by a cap on rates."  Patriotism on Display: Businesses are in the spirit year-round July 4, 2006 "Some might say Pioneer Financial Services shows its patriotism every day. The Kansas City-based firm provides financial services such as military loans, investments and insurance to military personnel. The privately held company has 300 employees. According to chief marketing officer Karen Von Derbruegge, most of Pioneer Financial's employees either are military spouses or have been in the military themselves. "What we've taken as our mission is helping with the cycle of debt folks get into through educational programs," Derbruegge said... In addition to its day-to-day work, Pioneer Financial has displayed its patriotic spirit by sending boxes of goodies over to the troops and adopting various units. For its employees who serve in the military, Derbruegge said, Pioneer Financial pays them the difference between their military and company salary."

Information about Military Loans for U.S. Military Personnel

Military loans can be a blessing, or a curse, for U.S. Military personnel in need of quick money for emergencies, travel, etc. Here at MilitarySpot we know many military people who have benefited from the assistance of military loans, but we also know more than a few who have been ripped off. Unfortunately, there are many lenders out there who are charging military personnel exorbitant interest and fees for loans. Many of these lenders are located just outside military bases, and some prey on military servicemembers on the Internet. As "former military" ourselves, we want to be fair about what we recommend to military people on the issue of military loans. First, we suggest that you visit your military base assistance office (the office that helps military families, spouses, etc.). A no-interest or low-interest loan may be available. Second, we suggest that you check out Pioneer Military Loans. We recommend Pioneer Military Loans when loans are not available to you through your base. Pioneer charges fair rates and has good standing within the military community. Above, for your reference, is a news log of articles concerning Pioneer Military Loans.

PIONEER MILITARY LENDING - PERSONAL LOANS UP TO $10,000 MilitarySpot.com recommends Pioneer Military Loans for your personal loan needs. Pioneer Military Lending is committed to serving the active-duty and career-retired men and women of our armed forces. Our secure and private online loan service is designed to provide you with the convenience and accessibility you need. We offer competitive interest rates and loan products for all ranks, and our online application is available 24 hours a day, seven days a week. All of our loan products are backed by our Four-Star Guarantee. If you're not 100% completely satisfied with your service, you can cancel your loan within 15 days at NO cost to you. Click Here

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