We are independent & ad-supported. We may earn a commission for purchases made through our links.
Advertiser Disclosure
Our website is an independent, advertising-supported platform. We provide our content free of charge to our readers, and to keep it that way, we rely on revenue generated through advertisements and affiliate partnerships. This means that when you click on certain links on our site and make a purchase, we may earn a commission. Learn more.
How We Make Money
We sustain our operations through affiliate commissions and advertising. If you click on an affiliate link and make a purchase, we may receive a commission from the merchant at no additional cost to you. We also display advertisements on our website, which help generate revenue to support our work and keep our content free for readers. Our editorial team operates independently of our advertising and affiliate partnerships to ensure that our content remains unbiased and focused on providing you with the best information and recommendations based on thorough research and honest evaluations. To remain transparent, we’ve provided a list of our current affiliate partners here.

How do I get a Military Cash Advance?

Allison Boelcke
By
Updated May 17, 2024
Our promise to you
WiseGeek is dedicated to creating trustworthy, high-quality content that always prioritizes transparency, integrity, and inclusivity above all else. Our ensure that our content creation and review process includes rigorous fact-checking, evidence-based, and continual updates to ensure accuracy and reliability.

Our Promise to you

Founded in 2002, our company has been a trusted resource for readers seeking informative and engaging content. Our dedication to quality remains unwavering—and will never change. We follow a strict editorial policy, ensuring that our content is authored by highly qualified professionals and edited by subject matter experts. This guarantees that everything we publish is objective, accurate, and trustworthy.

Over the years, we've refined our approach to cover a wide range of topics, providing readers with reliable and practical advice to enhance their knowledge and skills. That's why millions of readers turn to us each year. Join us in celebrating the joy of learning, guided by standards you can trust.

Editorial Standards

At WiseGeek, we are committed to creating content that you can trust. Our editorial process is designed to ensure that every piece of content we publish is accurate, reliable, and informative.

Our team of experienced writers and editors follows a strict set of guidelines to ensure the highest quality content. We conduct thorough research, fact-check all information, and rely on credible sources to back up our claims. Our content is reviewed by subject-matter experts to ensure accuracy and clarity.

We believe in transparency and maintain editorial independence from our advertisers. Our team does not receive direct compensation from advertisers, allowing us to create unbiased content that prioritizes your interests.

Being a member of the US military can have its perks when it comes to getting quick cash during a financial difficulty. A military cash advance is easier and more affordable than a typical civilian cash advance. All you need to get a military cash advance is military identification, a checking account, and a personal check. A member of the military can write out a personal check to a cash advance center to get immediate cash, and the check is cashed on the next payday.

The procedure for a civilian cash advance is different than a military cash advance, so those that have gone the traditional route in the past may not know what to expect with a military cash advance. Due to the Service Members Anti-Predatory Lending Protection Act, no military member can be charged more than a 36% annual percentage rate - much lower than the triple-digit annual percentage rate many civilian cash advances carry. Because of the much lower interest rates on military cash advances and resulting loss of profit, it may be a bit more difficult to find a cash advance center that will provide a military cash advance.

To get a military cash advance, contact local cash advance centers, also known as payday loan lenders, and ask if they provide services to military members. Fewer lenders provide military cash advances then do civilian cash advances, but many still do. Once a cash advance center that loans to military members is found, go there with your military identification and a personal check.

Civilian cash advance applicants often need to bringing income and bank information, but for military members, no proof of income is needed. The same Service Members Anti-Predatory Lending Protection Act that caps annual percentage rates at 36% also will not allow a member of the military to enter into another cash advance immediately after the first one is paid off. This is referred to as a rollover, and protects military members from being caught in a vicious financial cycle of borrowing more than they can repay. When getting a military cash advance, therefore, it is extremely important to decide exactly how much to borrow and if it can easily be repaid by the next paycheck period.

Once a loan amount is decided on, you'll fill out a personal information sheet at the cash advance center. This includes basic information like name, address, and phone numbers. After the cash advance center has all the personal information it needs, a cash advance small loan agreement can be set up. It will include a loan due date of generally two weeks to one month, the loan amount, the fee, and a disclosure stating that the cash advance center is holding the check and is allowed to cash it on the due date, and that the applicant can be charged for non-sufficient funds. Carefully read all of the fine print before signing.

After the agreement is signed, write a personal check to the cash advance center in the entire amount of the loan and fee. They will hand over the cash and hold the check as collateral, cashing it on the due date. Although a fast and easy procedure, military cash advances are intended for short-term financial solutions and should only be used in emergencies. Any longer term financial problems need to be taken care of in a different manner.

WiseGeek is dedicated to providing accurate and trustworthy information. We carefully select reputable sources and employ a rigorous fact-checking process to maintain the highest standards. To learn more about our commitment to accuracy, read our editorial process.
Allison Boelcke
By Allison Boelcke
Allison Boelcke, a digital marketing manager and freelance writer, helps businesses create compelling content to connect with their target markets and drive results. With a degree in English, she combines her writing skills with marketing expertise to craft engaging content that gets noticed and leads to website traffic and conversions. Her ability to understand and connect with target audiences makes her a valuable asset to any content creation team.
Discussion Comments
Allison Boelcke
Allison Boelcke
Allison Boelcke, a digital marketing manager and freelance writer, helps businesses create compelling content to connect with their target markets and drive results. With a degree in English, she combines her writing skills with marketing expertise to craft engaging content that gets noticed and leads to website traffic and conversions. Her ability to understand and connect with target audiences makes her a valuable asset to any content creation team.
WiseGeek, in your inbox

Our latest articles, guides, and more, delivered daily.

WiseGeek, in your inbox

Our latest articles, guides, and more, delivered daily.