MILES is a leading auto loan provider designed exclusively for Active Duty Military. Recognized for our integrity, we only finance quality vehicles that are affordable for our service member customers. Our auto loans are financed by US Bank, the 6th largest bank in the United States. Through consistent payments made through an allotment, and by having a major national lender on their credit report, our customers are building the foundation for good credit. Our loan approval process is simple and quick. If you are in need of a loan for a new or used vehicle - apply online today and get pre-approved.
Over 90,000 Service Members have already chosen MILES for their vehicle purchase.
Over 90,000 Service Members have already chosen MILES for their vehicle purchase.
LOAN APPLICATION QUESTIONS
Am I eligible to apply for a loan?
If you are an active duty Service Member, E1 and above, you are eligible to apply for a loan through the MILES Program. However, other requirements may apply.
Do I need good credit to apply?
No, MILES is a non-credit score criteria based program.
How is the term of my loan determined?
Our lender, US Bank, has agreed to authorize the term of your loan up to twice your remaining time on your active duty contract, to a maximum term of 60 months. For example, if you have 24 months remaining on active duty, you will be authorized for a term of up to 48 months.
Why make my loan payments by allotment?
Timely payments are the most important element in developing a positive credit history with an allotment:
1. There are no checks to write or mail
2. Payments are posted to your account timely and accurately
3. Your payment will be on time whether in training, deployed, or traveling
1. There are no checks to write or mail
2. Payments are posted to your account timely and accurately
3. Your payment will be on time whether in training, deployed, or traveling
How do I start my loan payment allotment?
The preferred method to start your allotment is using the Department of Defense (DOD) online military pay system known as myPay. By utilizing the DFAS website at http://myPay.dfas.mil along with your social security number and PIN, the myPay website will guide you through the complete allotment setup process.
