WCTRS advocates fair and just practices in support of the loan trading market. Our committee members strive to preserve a healthy and profitable global market for borrowers and investors.
Laws in the Financial Services Sector Protect Active Duty Military Members and Veterans
The number of active and retired U.S. military service men and women requesting financing online continues to escalate. At one point, alternative finance companies struggled to meet the strict regulations the government has placed on investors that lend to military borrowers. This growing market, by law, is protected by specific financial restrictions that force fair loan rates and terms. Finally, the online loan industry has caught up with the demand. Lenders have managed to build online platforms that are able to process funding for active military members, veterans, personnel, and their families.
Providing individuals access to cash is one of the basic rights of the modern world. Now, not only can active duty and retired military members and their families receive financial support from online lenders, but they instantly qualify for unique payment plans and rates. These military loan offers provide cash for anything, from an active servicewoman needing fast cash flow when waiting on the military to supply relocating funding or a retired veteran requesting capital to finance their small business expansion. The fast funding and easy online loan platforms that are open to every American are now available to every past and present member of the U.S. Armed Forces.