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Is the Career Starter loan available to selected Warrant Officers who will be appointed to Warrant Officer 1 ?
FitnessSickness,
The short answer to your question is Yes. Warrant Officers are offered the Career Starter Loan. All you need to provide is Military Status Verification and a copy of your appointment to Warrant Officer.
Also, a big congratulation on your appointment; that is a huge achievement and thank you for serving your county.
The Career Starter Loan offers a great opportunity to get started off on the right foot financially at a low cost, relative to other sources. Even so, it is a loan that you will have to pay back, so determine what amount, if any, is appropriate for you to borrow.
In general, total consumer debt payment should generally not exceed 20% of your after-tax income. Before you sign for a loan, be sure you have a plan to put yourself on firm financial footing. Consider the following steps:
Finally, if you have any questions, remember that USAA Financial Advisors are always here to discuss advice and planning to see how you can best use this loan to achieve your goals and objectives.