NavyArmy lends millions of dollars to members each year. We pride ourselves on a unique approval and pricing process. At NavyArmy, we listen to your request, and base our decision on the following factors:
Credit worthiness—history of creditor payments
Stability—length of employment and residency
Ability to repay—ratio of expenses to income
Relationship—membership history and deposit balances
Collateral—requested amount versus value
Our pricing structure is simple. We call it Relationship Rates. To price a loan competitively we take into consideration a member's credit history; deposit relationship; membership tenure; previous loans and payment source. The member's credit history, with all creditors, not just NavyArmy, will establish the base lending rate, and we will discount that rate based on the other factors.
By doing so, the member receives value for their credit rating and their overall relationship.
