Henna Chevrolet is now the proud provider of US Miles Financing Services
What is MILES?
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 75,000 Service Members have already chosen MILES for their vehicle purchase.
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.
What loan amount do I qualify for?
The MILES Program wishes to prevent you from committing to a loan payment larger than your income and spending plan can afford. Your maximum loan payment will be the lesser of:A percentage (27%(E-1 - E-3)) or (30% E-4 and above) of your monthly base Pay, OR 45% of your total income less your monthly financial obligations, such as credit card balances, repay advances, installment payments, rent/mortgage payments(not offset by BAH), or child support, alimony, and garnishments.
This formula, of course, assumes you are prepared to take on the responsibilities of loan payments and vehicle ownership.
Contact Henna Chevrolet today at (512) 961-6977 and speak with one of our financing specialists.