MARINE CORPS AIR STATION MIRAMAR, Calif. -- Last week the Navy Marine Corps Relief Society and Navy Federal Credit Union initiated two loan programs for Marines and sailors affected by the southern California wild fires.
Station active duty Marines and sailors can apply for interest free loans through NMCRS.
“The disaster loans are $300 for single service members and $500 for military families. We are one of the few branches in the area offering the loans,” said Ann W. Evans, the director for MCAS Miramar NMCRS. “We understand money can be an issue with what’s going on and later, depending on the situation, we can turn some of the loans into grants.”
To apply for the loan, Marines and sailors need to bring in a copy of their latest leave and earnin statment and ID card.
They must also have no outstanding loans from the society and a single-page application form they can print from www.NMCRS.org.
Navy Marine Corps Relief Society has been helping Marines and sailors ashore and afloat since 1904.
The Department of the Navy sponsors the non-profit organization. Some other services include scholarships, thrift shops and financial counseling.
Navy Federal Credit Union Miramar branch is offering up to $15,000 at eight percent interest to the military residents of the affected counties.
Applicants can visit the Federal Emergency Management Agency for a map of the qualified area.
Approved applicants won’t need to make payments for 90 days, however interest will still accumulate. Payments can be made over a maximum of period of 60 months. Service members interested must apply no later than Dec. 1, 2007.
For more information, call NMCRS at 858-577-1807 and the Miramar Navy Federal Credit Union branch at 858-831-1489.