Just Military Loans is an online lender based in Wilmington, Delaware. It started operating in 2008 and targets active full-time military personnel with poor credit who need fast access to cash. Just Military Loans promises to waive interest when borrowers are deployed overseas and forgive the loans of those who die in the line of duty.

How Does Just Military Loans It Work?

As long as you have at least 18 months of service left, you may qualify for a loan, even if you have bad credit. Rates are high and must be repaid within 36 months. Just Military Loans may also charge additional fees, including an origination fee, which aren't publicly quoted. 

What Are Just Military Loans' Rates and Fees?

  • Just Military Loans repayment terms range from 12 to 36 months
  • 14.99% APR to 35.99% APR
  • There are no prepayment penalties

If you call customer service, they will tell you they cannot provide specific rates and fees over the phone and that you must complete an application, which includes a hard credit pull, before seeing the terms of the loan. 

How Much Money Can I Borrow from Just Military Loans?

Loan amounts vary between $2,000 and $15,000. A 12-month loan of $4,500 will have monthly payments of $557.86. The origination fee could be $1,800 and would be divided into 12 equal installments. This would bring the total cost of the loan to $8,494.32 plus transfer fees.

What Is Just Military Loans' Application Process Like?

Along with the online application form, you must attach your most recent end-of-month leave and earnings statement (LES). Loan applications posted before 4:00 pm Eastern Standard Time are reviewed the same day. If you apply later than 4:00 pm, you will receive a reply by the next business day.

How Is Just Military Loans Better Than Other Lenders?

Just Military has an "A" rating with the BBB. Its loans have lenient credit requirements and have better rates and terms than military payday loans. Having said that, military payday loans have been illegal since the 2007 Military Lending Act was enacted. Rates are still high, but they are comparable to other lenders who target military service members.

  • Loan Amount
    $2000 - $15000
  • Payment Options
  • APR
    14.99% - 35.99%
  • Max Loan Term (Months)
  • Credit Score Range
    300 - 750
  • Immigration Status Considered
    U.S. Permanent Resident
  • Military Status
    Active Duty Military
  • Minimum Age
  • Supported Income Types
  • Verification Documents Required?
    • Recent bank statements
    • Recent pay stubs
  • No Prepayment Fee
  • Institution Type
    Direct Lender
  • Approval Speed (Hours)
  • Funding Time
    1-7 days
  • Credit Bureau Reporting
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0 votes

No one ever answers the phone. Ever. Extremely horrible customer service. I do not recommend.

0 votes

The loan payment process at this place may be slower than a bank! Don't go to them if you want to be paid in a timely fashion. Also don't expect to find out your interest rate until it's just about too late to back out. Not thrilled with them--obviously!

0 votes

Its true that military payday loans can be a hassle because of the laws, but seriously, dont apply to this company if youre in any kind of hurry. They take weeks to process your paperwork, just like a bank. Except its worse than a bank because you have to start paying the money back two weeks after you get it. These people are bad. Just stay away.

0 votes

As a vet, I thought this place would be good to me. Well, it turns out that I don't think they are all that good to anyone. It was the same experience I had when I last went to the bank for a loan. Lots of questions and paperwork and forever to get the actual money.

0 votes

Best to stay away from here. Not even sure they do just military loans, but whatever they do, they don't do a good job of it. The ironic thing was that I got the money and then had to immediately start paying it back. Hello! I needed the money to pay someone.

0 votes

I really needed a loan and I needed it quick. Bad to come to this company! They took forever to process everything. By the time I finally got the money, which was half of what I wanted, it was three weeks after I had applied. My emergency had come and gone.

0 votes

Don't bother applying here unless you want to wait until you're old and gray to get your money. I went to them because I had an immediate problem without know that they had far from an immediate solution. I'll go elsewhere next time. On a positive note, I did get the full amount I wanted.

0 votes

I finally understood the meaning of slow as a snail when I went to this company for a loan. The whole application process dragged on too long, which should have been my clue,and then it took forever to get the money that I was desperately waiting for!

0 votes

I was totally flabergasted when I finally got my money from the loan and at the same time got a notice about my first payment being due in two days. I had spent forever waiting for the money, all the while the bill I had to pay was gaining interest. Now I'm left with this mess.

0 votes

I probably should have been warned when they wouldn't give me their interest rates when I called. I went ahead like a dummy and applied. Dumb move. They gave me horrible interest rates and topped the experience off by telling me I had to pay it back right away.

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