----

|   | Voting Bank     |     /s/ LS     /s/ JH |       |
|--------|-----------------|----------------------------------------------------------|------------|
|   |            |                                                     | (INITIALS) |   |
|   |            |                                                     |       |
|   | Non-Voting Bank |                                                     |       |
|   |            |                                                     | (INITIALS) |   |
|   |            |                                                     |       |

|   |                                                                                                                                                     |                        |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------|-----------------------------|
|   | PIONEER FINANCIAL SERVICES, INC.a Missouri corporationIndividually and on behalf of its Subsidiaries listed on Exhibit L to the Senior Lending Agreement |                        |
|   |                                                                                                                                                     |                        |
|   |                                                                                                                                                     |                        |
|   | By:                                                                                                                                                      |  /s/ Laura Stack       |   |
|   | Name:                                                                                                                                                    | Laura Stack                 |   |
|   | Title:                                                                                                                                                   | Chief Financial Officer     |   |
|   |                                                                                                                                                     |                        |
|   |                                                                                                                                                     |                        |
|   | STIFEL BANK & TRUSTa Missouri Corporation                                                                                                            |                        |
|   |                                                                                                                                                     |                        |
|   |                                                                                                                                                     |                        |
|   | By:                                                                                                                                                      |  /s/ John Haffenreffer |   |
|   | Name:                                                                                                                                                    | John Haffenreffer           |   |
|   | Title:                                                                                                                                                   | President                   |   |
|   |                                                                                                                                                     |                        |
|   |                                                                                                                                                     |                        |

----

| Lender:   | Stifel Bank & Trust955 Executive Parkway, Ste 216St. Louis, MO 63141(the "Bank")                                                                                                                                                                                                       |
|-----------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| Borrower: | Pioneer Financial Services, Inc.4700 Belleview, Suite 300Kansas City, Missouri 64112And certain Subsidiaries listed on Exhibit L to the Agreement (the "Borrower")                                                                                                                         |
| Drawings: | This Credit Facility is available through March 31, 2011 unless terminated earlier pursuant to the terms of the Agreement. All proceeds will be transmitted to a specified bank and account number for the Borrower and initially that will be UMB Bank, N.A., in Account No. 9801049275.  |
| Facility: | Revolving Grid Note:                                                                                                                                                                                                                                                                            | $2,500,000 |
|      | Revolving Grid Note Pricing:                                                                                                                                                                                                                                                                    |   |
|      | Revolving Grid Note Maturity:                                                                                                                                                                                                                                                                   |   |
|      | Amortizing Note(s) Funded:                                                                                                                                                                                                                                                                      |   |
|      | Amortizing Note(s) Unfunded:                                                                                                                                                                                                                                                                    | $10,000,000 |
|      | Amortizing Note(s) Pricing:                                                                                                                                                                                                                                                                     |   |
|      | Single Pay Term Note Amount:                                                                                                                                                                                                                                                                    |   |
|      | Single Pay Term Note Expiry Date:                                                                                                                                                                                                                                                               |   |
|      |                                                                                                                                                                                                                                                                                            |   |

|   |          |   | Stifel Bank & Trust |
|--------|---------------|--------|-------------------------|
|   |          |   |                    |   |
| Dated: | June 25, 2010 |   | By:                     | /s/ John Haffenreffer |
|   |          |   | Name:                   | John Haffenreffer |
|   |          |   | Title:                  | President |

----

| $__________________ and interest | ______________, __________ |
|----------------------------------|----------------------------|
|                             |                       |

|                 |                                                                                                                                                            |                                                                            |
|----------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------|
|                 | PIONEER FINANCIAL SERVICES, INC.a Missouri Corporation (Maker)Individually and on behalf of its Subsidiaries listed onExhibit L to the Senior Lending Agreement |                                                                            |
|                 |                                                                                                                                                            |                                                                            |
|                 |                                                                                                                                                            |                                                                            |
|                 | By:                                                                                                                                                             |                                                                            |   |
|                 |                                                                                                                                                            |
|                 | Name:                                                                                                                                                           |                                                                            |   |
|                 | Title:                                                                                                                                                          |                                                                            |   |
|                 |                                                                                                                                                            | 4700 Belleview, Suite 300Kansas City, MO 64112Tax Identification No. 44-0607504 |   |
| NV Note No. ________ |                                                                                                                                                            |                                                                            |
|                 |                                                                                                                                                            |                                                                            |