What can I do? I need emergency cash but I can’t count on a payday loan since I’m in the Military & this is not an option for me. Is there a way to obtain a payday loan? Are there any special requirements in this sense?
If you are in the military, the Military Lending Act (MLA) stops you from getting a payday loan. Thankfully, there are some other options out there if you need cash in a hurry.
Some relief societies are available to help numbers of each military branch. Here are the institutions:
You could also get assistance from the American Red Cross.
One further option is to get in touch with your bank or credit union. It is possible that there is a program in place to help you.
Finally, consider scheduling a meeting with the Personal Financial Manager (PFM) on your base, and think about talking to a credit counselor as well. Both can offer you suggestions for keeping up with your expenses.
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