Bad Credit Loans Fayetteville, NC
As the home of Fort Bragg, Fayetteville has always had a close relationship with both the military and the defense industry. The post hosts both the 82nd Airborne Division and the United States Army Special Operations Command, as well as Pope Field. Sadly, the same people who work to improve the security of our nation are often the ones struggling the most with debt. If you’re struggling with your finances, and need a personal loan for bad credit in Fayetteville, our mission is to serve you. Through our Personal Loan Discovery initiative, we can help you find safe options to borrow money, in a way that protects your credit rating, and give you plenty of time to repay your debts.
An All-American Problem
While Fayetteville enjoys a very good unemployment ratio, just 4.9% as of December 2018, the same can’t be said for its income levels. The household income for 2017 came in at just $43,439, while per capita income was around $23,853. Additionally, only 51.8% of the civilian population was in the labor force. This means that nearly half the populace isn’t working, and the half that works doesn’t make much money. That’s just the start of the financial woes that plague Fayetteville residents.
Service Members are Easy Targets for Scams
When you’re a young 18-year-old who just graduated from Basic, it’s easy to become a victim. Predators always go where the pickings are easy, and military posts are some of the easiest you’ll find, Fort Bragg included. While North Carolina law prohibits payday loans and restricts interest rates to 8%, rates can be set higher if both parties agree to the terms. Shady businesses, a staple in military communities, are banking on the fact that you don’t know your rights under the law. It can make it very challenging to find a safe loan anywhere in North Carolina.
A Shutdown Can Wreck the Local Economy
Funding for the entire defense budget, including the salaries of military service members and federal employees, is dependent on Congress and the Senate passing a funding bill. Anytime they fail to do so, the government can shut down. When the budget isn’t approved, soldiers and other federal employees can find themselves furloughed, or working without pay for weeks at a time. With over 261,000 people on post depending on that funding, a shutdown can be an absolute catastrophe.
Bad Credit Limits Access to Funds and Job Placements
The worst thing about having bad credit is how limited your ability to get money is. Getting personal, auto, and mortgage loans all depend on having a solid credit score. Without one, you’re most likely going to be denied, or pay steep rates and fees. If that wasn’t bad enough, the citizens of Fayetteville and Fort Bragg have an additional concern for bad credit. Many Department of Defense positions, as well as some positions in the defense industry, require at least a secret security clearance. Your credit history is investigated as part of your background check to receive or renew your clearance. If your credit is bad, there’s a chance you could be denied the clearance you need to receive your promotion.
Overcoming Obstacles to Get the Money You Need
With so many hardships to overcome, you may feel like you’ve exhausted all your options to get a loan. Many of the local vendors have denied you for bad credit. Options provided through the DoD can take weeks for the chain of command to review. When you’re drowning in debt, you don’t have the time to wait that long. That’s why our objective at Loans Now is to provide you with safe, efficient, and speedy options to access the funds you need.
Fair Options from Credible Vendors
We only use reputable lenders who provide fair, unsecured personal lending options to you. There are no payday or title loans here, so you don’t need to worry about losing your car. We also extend great options that are comparable to any other on the market for those who qualify, such as:
- Amounts ranging from $500 to $70,000
- Repayment cycles from two to seven years
- Interest rates starting at 4.99%
- Work with scores as low as 450
- No charge for our services
Additionally, being granted a loan, and making your payments on time, has a high chance of raising your credit rating. This will go a long way in helping you get approved for any security clearances you need.
Safety and Security for Your Personal Data
We’ll never share your information with anyone, including your chain of command. When you work with us, your information is used to determine which options work best for you, and nothing else. The only people who see your information are us and our lending partners. Additionally, we don’t conduct initial hard inquiries against your credit score. To protect your rating, we equip you with the resources to verify your credit information, then send it to us. Your score won’t suffer, and your information is protected.
We Don’t Delay in Getting Your Money
Our process was designed to maximize speed and efficiency. Our registration process takes no more than five minutes to complete, and we normally have offers delivered to your inbox by the following business day. Our providers can usually have your money to you within 24 hours, once you’ve agreed to the terms of your loan.
Seize the Opportunities Loans Now Can Offer Now!
As a former 19K, our founder is very aware of the hardships that people working in the government sector endure. That’s why he established Loans Now as a safe, effective way for people just like you to borrow money when they needed it. This is a free resource that doesn’t pose any risk but does provide you with an additional tool for your tool kit. Don’t pass up a free resource – register for the Loan Discovery service, and take control of your financial life today!
- Loan Discovery Process
- Credit Scores Reviewed to 450
- 2, 3, 5 & 7 Year Terms
- Loan Amounts $500 - 70K