When military borrowers are not able to get on track
for programs like PSLF, they can end up paying tens of thousands of dollars
they would otherwise not owe
This month’s 50-state report shows that servicemembers are more likely to submit complaints about some financial products compared to non-servicemembers, such as debt collection, but are less likely than non-servicemembers to submit complaints about other products, such as mortgages
Servicemembers consistently report their issues with debt collection to
us
Our
recent report will concentrate on some of the most common financial struggles
servicemembers face during their military careers; as well as detailing the
work we have done to help resolve those struggles since 2011
Our
report highlights trends and issues reported in servicemember complaints about
VA mortgage refinances
This Veterans Day, the CFPB would like to
recognize veterans, both within the Bureau and nationwide, to thank them for
their service
We have some ways for you to channel your inner financial
action hero and be prepared, no matter what the disaster
Military parents can use back-to-school season
as an opportunity to teach their children money management lessons
From websites, interactive tools, and local
support groups, servicemembers can explore a range of resources to guard
against fraud and make better-informed decisions when managing their money
When it comes to financing an auto loan, servicemembers
should be armed with knowledge about loan choices and what can be negotiated,
and should take precautions when entering loan agreements for vehicles
