Here's How To Get Veteran Money ASAP
April 22, 2022 | Daniel Dewitt
As a veteran, you may be entitled to several benefits. This may include your VA pension, disability payments, and educational benefits. Among these benefits are those that can get you veteran money quickly when you need it. Believe it or not, people reach out to the military to find out whether they can receive their veteran money early. Sadly, this won't work.
There is a specific system for making these payments. There can be no deviation from it. It does mean that you will get all of your payments on time, but it also means that there is no way for the system to make payments early. Thankfully, there are other options that you can turn to when you need money.
Get Veteran Money Quickly With These Options
VA Financial Hardship Assistance
The first option you have for veteran money is the VA Financial Hardship Assistance. Whether you’ve just lost your job or your income suddenly decreased, this program can help you manage your current VA copay debt or help you get an exemption from future copays.
With this program, you have two options that you can choose from depending on your financial situation and your VA copay debt. Either of the two options can help you avoid late payments and accruing interest fees. Your two options for financial assistance are the following:
- If you cannot pay your copay all at one time, you can set up a repayment plan to pay over a period of time. This plan usually extends for up to three years for you to repay the entire copay debt. Follow these steps to set up your repayment plan:
- Fill out the Agreement to Pay Indebtedness – which is VA Form 1100. This form allows you to describe how much you can pay each month.
- Submit the completed form and any other documents you have to the VA. This can either be in person or by mail.
- Once your repayment plan is approved, start making your repayments on time.
- Fill out the Financial Status Report – which is VA Form 5655.
- Write a letter to the VA detailing why you can’t make your monthly copay debt. You may also request to have an in-person hearing to explain your financial situation.
- Submit the completed form and letter to the VA – which you can do in person or by mail.
Veterans Opportunity To Work Program
If you are trying to land a job after leaving the military to make your veteran money, you can turn to the Veterans Opportunity to Work (VOW) Program. This program helps struggling veterans in various ways to find work. If you are struggling with the transition, you can check out the Transition Goals Plans, and Success (Transition GPS) for career guidance.
And if you need help finding a job, you can check out the VA's Veteran Readiness and Employment (VR&E) program. This helps you if you are looking for work or are in need of training to land a job. They can help get your resume looking good, job coaching, or with any workplace accommodations you may need.
Personal Loans For Veterans
Another option you have for veteran money is to apply for a personal loan for veterans. This kind of loan can get you money without any penalties or fees. So whether you have sudden car repairs, emergency home repairs, or family vacations, you can get those expenses paid in full with the help of a personal loan.
Available to military service members and their families, the VA personal loans provide you the veteran money you need within a few days. The good thing about personal loans at VA Financial is they have low, fixed interest rates – and by low, we mean as low as 5.99% APR. Also, you can get a period between one and five years with your personal loan.
Title Loans Are An Option
Another option you have to turn to for veteran money is a title loan online. title loans get you a lump sum of cash when you use your vehicle’s lien-free title as collateral. In fact, at New Mexico Title Loans, Inc., we can loan between $300 and $10,000 based on the condition of your vehicle. This means that you will have to undergo a vehicle inspection.
One of the reasons this can be an option for veterans is that we do not have income requirements. When you get a title loan, you do not have to prove that you have income coming in. This means you can get a title loan online while you claim veterans' benefits. Title loans are also an option for those that may not necessarily have an excellent credit history.
Our title loan process is also fast. It begins with letting us know that you are interested in a title loan online. Just fill out the online form and submit it to your nearest New Mexico auto title loan location. We will then give you a call. Feel free to ask us any questions here. We will also check that you have the documents required for a title loan, which are the following:
- Your driver’s license or state-issued ID.
- The lien-free title to your vehicle in your name.
- Your vehicle for inspection.
We will also ask where you want that vehicle inspection carried out. You can meet us at one of our stores, or we can come to you. After a quick document check, we will let you know whether we can approve you. If we can, you will be asked to sign your loan agreement and you are done. You can either get the money on the same day or the next bank business day.
Get Veteran Money Today
As you can see, there are multiple ways you can get the veteran money you need rather quickly. So if you’ve been struggling to transition to civilian life or suddenly hit with some kind of an emergency, any of these f options can help you out. And if you think a title loan online can help, just fill in the inquiry form on our site today to get started on our simple process.
Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.