Online Loans for Federal and Postal Employees
Federal, postal workers, and other Government employees can apply online and get a quick loan for any urgent needs. Fast, straightforward application process and no payroll allotment required.
By submitting your information you claim you have read and understood and agree to Privacy Policy, Terms of Use, Responsible Lending and Marketing Practices
Why Choose Compacom
How Online Loans for Feds Work - 3 Easy Steps to Instant Cash
Loans for Federal Employees by State
- Alabama
- Arizona
- California
- Colorado
- Delaware
- Florida
- Georgia
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maryland
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nebraska
- Nevada
- New Jersey
- New Mexico
- North Carolina
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- Tennessee
- Texas
- Utah
- Washington
- Wisconsin
- Wyoming
What Are Federal Employee Allotment Loans — And How Do Online Loans Compare?
If you're a federal government employee or USPS worker searching for financing options, you've likely come across the term "allotment loans." These are personal loans that use automatic payroll deduction as the repayment method through a Standard Form 1199A authorization. While allotment loans are offered by certain financial institutions and credit unions that cater to government workers, they are not the only — or necessarily the best — loan option available to federal employees.
We do not offer allotment loans. Instead, we provide online personal loans designed specifically for federal and postal employees — with a fast, straightforward application process and no payroll allotment required.
It's also important to note that allotment loans do not apply to active-duty military members, intelligence agency staff, or others required to complete a security clearance questionnaire (such as the SF-86). These loans are tailored to civilian federal employees and postal workers who do not hold sensitive national security positions.
How Does It Work?
How Are Online Loans for Federal Employees Different from Allotment Loans?
Traditional allotment loans lock borrowers into automatic payroll deductions for the entire loan term, meaning the payment is subtracted from your paycheck before you ever see it. While some borrowers find this convenient, it also reduces your control over your own finances and requires coordination with your agency's payroll office.
Our online loans for federal employees offer more flexibility. Payments are made directly — not routed through your employer — so your borrowing remains a private financial matter. You still benefit from competitive rates thanks to the stability of your federal employment, but without the rigid payroll deduction commitment.
Allotment Loans: Federal Employee Requirements
Though allotment loans for the feds may differ from online installment loans a bit, the eligibility criteria are quite simple:
- You are to be a federal or postal employee with regular income and proof of this income.
- Age over 18 years old at least is required.
- US residence or citizenship.
- Active banking account.
- Some additional requirements may vary by lender and may include minimum income, credit score, etc.
Can Government Employees Get a Loan with Bad Credit?
Yes. Federal employees with bad credit can often qualify for online loans because lenders recognize the stability of government employment. Much like allotment loan providers, online lenders who serve federal employees place significant weight on employment verification and income consistency rather than relying solely on credit scores.
The application process is typically quick and streamlined, requiring mainly employment verification, with funds often available within days. While bad credit may result in higher interest rates, the reliability of federal employment gives lenders confidence to work with government employees who might be turned away by traditional banks.
No Credit Check Loans for Federal Employees
Some online lenders — including those offering allotment loans — advertise "no credit check" approvals for federal employees, relying instead on employment verification and income stability. While we encourage borrowers to understand their credit standing, our online loan process focuses heavily on your employment status and ability to repay rather than penalizing you for past credit challenges.
Approval decisions are often made within hours based on employment verification, giving federal employees with damaged credit an accessible path to financing.
Online Loans vs. Allotment Loans: Which Is Right for You?
If you've been researching allotment loans for federal employees, it's worth considering online personal loans as an alternative. Here's how they compare:
- Privacy: Online loans don't involve your employer's payroll office. Your borrowing stays between you and your lender.
- Flexibility: You manage your own repayment schedule without being locked into automatic paycheck deductions.
- Speed: The online application process is fast, often with same-day or next-day decisions.
- Accessibility: Like allotment loans, online loans for federal employees are available even to those with less-than-perfect credit.
Are Allotment Loans Available for Military Employees and Veterans?
Allotment loans are available for active military personnel through DFAS using military allotment forms. Veterans have more limited access since they no longer receive military pay for automatic deduction, though some lenders offer veteran-specific loans using VA benefits or other payment methods. Active duty service members are protected by the Military Lending Act, which caps interest rates at 36% APR. Both military members and veterans should be cautious of predatory lenders who often target military communities.
Please note: Our online loan products are designed specifically for civilian federal employees and postal workers. We do not offer allotment loans, military allotment loans, or loans requiring SF-1199A payroll deduction forms. If you've been told otherwise by another company, that information is inaccurate.
Online Loans for Employees
Alternative Loan Offers for Instant Cash
Making the Most of Your Loan
Online loans can be an attractive financial solution for federal employees, offering a convenient repayment process, competitive interest rates, and flexible terms. By carefully evaluating your financial needs, comparing lenders and loan options, and ensuring you meet the eligibility criteria, you can make the most of your loan to achieve your financial goals. Remember to use the loan responsibly, make timely repayments, and maintain a healthy financial lifestyle to maximize the benefits of your loan.