Military life requires concentration—a lot of it. And when you’re training, preparing to deploy or ready for field training, there’s even more to focus on. Setting up your military loan on an allotment payment can help.
- Enjoy the peace of mind that comes from automatic payments
- Avoid the time and hassle of manual payments
- Protect your credit score from missed payments
Pioneer Services loans for military come with fixed monthly payments, and the option to repay through a military allotment. Once created, your monthly military loan allotment payment will be automatically withdrawn from your myPay account, until you decide to stop or once your loan is repaid. You can even choose to pay off your loan faster by entering a higher payment amount when creating your allotment.**
SETTING UP A MILITARY ALLOTMENT PAYMENT with myPay
When you apply for a military loan and are approved, Pioneer Services will provide you with the information you need to set up your myPay allotment online or on the phone.
Creating your military loan allotment payment is simple and takes just minutes. When you login to MyAccount, we'll provide you the information you need to set up your allotment on the MyPay website, including:
- How to access your myPay account
- How to create a new allotment or adjust an existing allotment
- Insert the amount of your monthly loan payment
- Confirm with Pioneer Services the amount of your monthly allotment
LOG INTO MYACCOUNT or create an account now.
If you have any questions, please call one of our Customer Service Representatives at 1-888-430-5176.
Allotment Payments: Another Reason Military Pick Pioneer
A Pioneer Services military loan with optional allotment payment is a secure and convenient way to borrow money and provides an easy way to pay it off. All of our personal loans for active-duty and retired military feature fixed rates, terms and monthly payments. Your payments will not change throughout the term of your loan.
Choosing to set up your Pioneer Services loan with an allotment payment means you don’t have to worry about making—or missing—a payment, helping you protect your credit and giving you one less thing to worry about.
To apply for a Pioneer Services military loan with allotment payment, call 1-800-FOR-LOAN or apply online now!
**Effective January 1, 2015, a Department of Defense Policy Change prohibits active duty service members from establishing new military pay allotments for the purchase, lease, or rental of personal property. For additional information, go to the DFAS website (www.dfas.mil) which includes FAQ’s, a statement, and other clarifications provided by DoD on this matter. As a reminder, in addition to military pay allotments, Pioneer Services customers can also use a variety of other convenient repayment options including debit card, check, EFT/ACH, etc. if they choose.