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USAA offers military members loan due to shutdown

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Posted at 10:43 AM, Jan 22, 2018
and last updated 2018-01-22 07:47:35-05

(RNN) - USAA, a company that provides insurance and financial services to current and former military members and their families, announced it will offer additional help to its customers during the government shutdown.

In addition to zero-interest payroll advance loans, USAA said it will offer a number of other solutions, such as special payment arrangements to help members who find themselves in financial distress due to a disruption in federal payments.

The shutdown began on Saturday after Senate Democrats and Republicans failed to agree on a spending bill.

If the government remains shutdown, military pay will be disrupted on Feb. 1. 

According to the USAA website, all eligible members will be emailed information about how to sign up. Due to international regulations, the product will only be available in a few overseas locations.

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