FAQs
 

Q: How do I apply for a loan?
Q: Does it cost anything to apply?
Q: What will I need to apply?
Q: Who is eligible to apply for a loan?
Q: What if I have had a bankruptcy, have little or no credit   history, or my credit is not good?

 

Q: How long does it take to get an answer on my application?
Q: Can I check my account online?
Q: What types of payments do you accept?
Q: What if I am not stationed near one of your locations?
Q: If I move will my loan move with me?

How do I apply for a loan? [ back to top ]

Answer: Currently there are several ways to apply for a loan.  You may telephone or visit the branch location in your area.  You may fax or email the printable application from our website.

 

Does it cost anything to apply? [ back to top ]

Answer: Absolutely not, there is no charge to apply for a loan with Patriot Loan Company.

 

What will I need to apply? [ back to top ]

Answer: We will just need some basic information to get started such as name, address, phone number, last date of current enlistment, monthly pay amount, and social security number.

 

Who is eligible to apply for a loan? [ back to top ]

Answer: All Patriot Loan Company offices serve all active duty services members, regardless of rank or military branch. We also serve retirees, civil service, DOD employees, National Guard, and Reservists but this varies by location and this information can be found under the office locator tab on our website.

 

What if I have had a bankruptcy, have little or no credit history, or my credit is not good? [ back to top ]

Answer: We are often able to help people that have some blemishes on their credit history.  We take a number of things into consideration when making a loan decision.

 

How long does it take to get an answer on my application? [ back to top ]

Answer: If you visit, phone, or fax the location on in your area you can expect an answer in minutes in most cases.  If you email your application it will take 24 to 48 hours.

 

Can I check my account online? [ back to top ]

Answer: Not at this time. You may call the branch location where you opened your loan and they will be glad to provide this information.  These phone numbers can be found on the location page of this site. 

 

What types of payments do you accept? [ back to top ]

Answer: Most of our loans are repaid by MAC allotment.  We can do electronic funds transfer (EFT) payments directly from your bank account if you authorize them.  We are also set up to do TruePay and MoneyGram transactions.

 

What if I am not stationed near one of your locations? [ back to top ]

Answer: At the present time we are only able to process loans in the branch locations listed on the website. If you are unable to visit the office we will be unable to process a loan.

 

If I move will my loan move with me? [ back to top ]

Answer: We have a number of options to continue to serve you when service to your country takes you to a new location.  We would be glad to discuss these options with you when you call with your change of address.

 

 
     
 
 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



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