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Government Shut Down Update: Short Term Loans for Active Duty

by Toni Herrbach

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Navy-Marine Corps Relief Society will providing loans for Active Duty military personnel.

From the Navy-Marine Corps Relief Society website.

In the event there is an interruption to military pay, the Society will be prepared to assist with rapid, short-term, interest-free loans to avoid privation with essential items such as food, gasoline and other necessities.  This situation will be treated as we would a natural disaster, requiring rapid financial assistance without reviewing budgets or providing financial counseling.

You need to show up with a military id card and you can receive a loan, no credit check needed. You just need to sign a repayment form.

Individuals can receive a $300 loan and families can receive a $600 loan.

If you cannot survive on half your military paycheck, you will want to take advantage of this program. To find your local Navy-Marine Corps Relieve Society visit their website.

 

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Comments | 3 comments

« Government Shutdown: How to Survive on Half Your Military Pay
Week in Review »

Comments

  1. Jessica says

    at

    My husband just informed me also that if you bank with Navy Federal Credit Union, are active duty and have your pay direct deposit, then Navy Federal will cover your April 15th payroll. They are still working on details for the April 30th payroll.
    This also applies to DOD civilians who bank there and use direct deposit.
    Here is the link for the information:

    https://www.navyfederal.org/about/government.php

    There is also information there on lines of credit and whatnot, it that applies to anyone.

    Reply
  2. Heather says

    at

    My brother is a federal employee…FDA…but I guess there’s no similar service out there for him if govt shuts down…

    Reply
    • TheHappyHousewife says

      at

      I’m not really sure. He might want to talk to his boss/ company.

      Reply

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