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Loans for those in service?

ChrisWork
ChrisWork Posts: 44 Forumite
in Loans
Hello all,

I am wondering if anyone has had any experience in attempting to get a loan when in a service job, i.e. Army, RAF, Police etc.

I'm not sure if there are any dedicated companies/loans that would cater for this? Any suggestions?

Comments

  • CHR15
    CHR15 Posts: 5,193 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    I spent many years in the RN and got many loans and credit agereements with no bother.

    You can get loans "specifically" designed for Service personnel but I never found them to be anything other than more expensive than those on the open market.
  • The_Matelot
    The_Matelot Posts: 114 Forumite
    i'm in the navy and applied for a tesco loan last year and got it no problem with the best rate available for my amount. its on the individual, not the majority
    Fleet Air Arm - 800 NAS - *Nunquam Non Paratus*
    Showing the 'Crabs' how its done for over a hundred years!
    Tesco loan, £4,000 over 3 years - £138 p/m
    6 months 0% bicycle finance - £60 p/m
  • Enfieldian
    Enfieldian Posts: 2,893 Forumite
    Part of the Furniture Combo Breaker
    As the Police are not members of the armed forces there will not be one company that would cater for all of the "services" that you have mentioned.

    Which one is it?
  • jonesMUFCforever
    jonesMUFCforever Posts: 28,898 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    They are called banks!
    They will lend to anyone they think will repay.
This discussion has been closed.
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