GI loan

GI loan

GI is a slang term for armed services personnel—”government issue.” A GI loan is a loan program for armed services personnel. See Veterans Administration.

References in periodicals archive ?
Clearly a stain on free enterprise almost as dark as the scene in The Best Years of Our Lives (1946), cited in an FBI report, where a banker, "'basely, inquires concerning collateral before endorsing a GI loan to be made with his depositors' money.
Figure 3 shows the amortization of the 30-year, no-downpayment 4 1/2% GI loan.
VA authorized an increase to 5 1/4% for the interest charged on GI loans.