NMCRS Quick Assist Loan

NMCRS Quick Assist Loan: Fast Financial Relief for Active Duty Sailors & Marines

When facing unexpected financial struggles, having a reliable source of emergency aid can be the turning point. The Navy-Marine Corps Relief Society (NMCRS) provides the Quick Assist Loan (QAL) — an interest-free, quick loan created specifically for active duty Sailors and Marines in short-term financial crisis situations. From paying rent or utilities, to emergency travel or other unforeseen necessities, the QAL is there to offer timely relief with no obligation.

What Is the NMCRS Quick Assist Loan?

The Quick Assist Loan is a no-interest loan of up to $1,500 for qualified service members. It was established to offer a easy, quick alternative to high-interest payday loans or predatory lenders. By providing financial assistance with no fees, interest, or lengthy processing time, NMCRS ensures our military families remain financially safe.

Key Features of the Quick Assist Loan

Loan Amount: Maximum $1,500
Interest: 0% (interest-free)
Fees: No processing or application fees
Repayment: Automatically taken out of pay over a period of 10 months
Turnaround Time: Funds usually available within one business day

Who Is Eligible?

You need to be the following in order to be eligible for a Quick Assist Loan:

Active Duty Sailor or Marine
No outstanding NMCRS loans (QAL or traditional loans)
Emergency financial need (not for debt consolidation or discretionary expenses)
Willingness to supply basic financial documentation, if asked

Active-duty Reservists for over 30 days are also eligible. Every application is thoroughly examined to determine whether it qualifies under NMCRS standards and is being used for proper purposes.

What Can the Loan Be Used For?

The QAL is designed to cover essential and urgent expenses, including:

Rent or mortgage
Utilities (electricity, gas, water)
Food or basic living needs
Emergency travel
Car repairs
Medical or dental expenses
Childcare

Note: The loan cannot be used for luxury expenses, vacation, or debt consolidation. It’s meant to stabilize a short-term financial situation.

How to Apply for a Quick Assist Loan

Getting a QAL is easy and hassle-free:

Get in touch with your local NMCRS office – Addresses and contact information can be found at nmcrs.org.
Make an appointment – Many offices provide virtual appointments for convenience.
Submit required documents – Usually consists of military ID, LES (Leave and Earnings Statement), and information about your crisis.
Receive money quickly – Funds are released upon approval through direct deposit or check, usually within 24 hours.

Why Choose NMCRS Over Other Loan Options?

As opposed to banks or payday loan organizations, NMCRS is a nonprofit organization whose only purpose is serving service members and their families. The Quick Assist Loan is more than a product — it’s a vehicle that enables military personnel to keep command of their money without the interest or hidden fees.

Quotes from the Fleet

Numerous Sailors and Marines have related their good experiences with QAL:

“I was stranded with not enough cash to return home for a family crisis. NMCRS came through with a QAL, no questions asked.”
– Petty Officer 2nd Class, Norfolk, VA

“The Quick Assist Loan enabled me to pay my rent when my paycheck was late. It was quick, simple, and provided peace of mind.”
– Lance Corporal, Camp Pendleton

Final Thoughts

The NMCRS Quick Assist Loan is more than a lifeline — it’s a reminder that military families are never alone. With interest-free financial aid, NMCRS makes sure those who serve are not alone in times of need.

To learn more or apply, go to nmcrs.org.