Financial educators in the military can now quantify the financial well-being of their consumers by using the Consumer Financial Protection Bureau’s new tool. A series of 10 questions allow financial educators to measure their clients’ level of financial security. For more information, click the button above.
A recent report from the Consumer Financial Protection Bureau indicates a rise in military consumer complaints regarding high-cost credit products following the new Military Lending Act rule. However, recent Department of Defense updates to regulation of the MLA should help members of the military community avoid this type of debt in the future.
While on active duty, your identity can be at risk. Protect yourself from harm by utilizing the following credit alerts provided by the Fair Credit Reporting Act (FCRA).
Military servicemembers and their families face unique challenges while managing their finances. View video testimonials from servicemembers who have successfully overcame these and the techniques they used to reach their financial goals.
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