Applying for a loan when there is a financial emergency can be a stressful event. The emergency needs to be dealt with fast, and even waiting for 24 hours might not be good enough. We all have times when fast access to cash is needed, even military personnel, who have at least the benefit of military loans with no credit checks.
The fact that a loan might be processed without a credit check means that approval is more assured and set to be granted fast – but not every lender offers this luxury. Members of the armed forces can access these loans for a number of factors, not least their high job security rating. In that light, offering guaranteed military loan approval is makes sense.
Still, everyone has to qualify and meet set criteria to have any chance of securing approval, and military loans are no different. But once these conditions are met, approval becomes extremely likely.