The Servicemembers Civil Relief Act is designed to allow military members to devote their full attention to their military duties. When servicemembers are fighting to secure our freedom in America, the last thing they want are distractions when it comes to civil obligations back home. The original relief act was passed by Congress during World War I. At the time it was … [Read more...]
Military Friendly Debt Consolidation
What exactly is Debt Consolidation? This method if debt management takes all your existing debts and puts them into one debt consolidation loan. It's an attractive method for getting out of debt but isn't without it's own risks. There are a number of debt consolidation programs and you should consider all your options when choosing the best method for your needs. Typically a … [Read more...]
Paying Off Debt
Wether you are in the Military or a civilian everyone gets into debt from time to time. Debt can vary from a modest credit card balance to a crushing school loan or owing the IRS. While each type may have it's own issues the basic principles of getting out of debt are the same: paying down the debt while not adding new debt. Below are some of the ways you can get pay off your … [Read more...]
Military Loan Calculator
The results of this military loan payment calculator are for comparison purposes only. Actual values will be determined by a qualified lender. The results will be a close approximation of actual loan repayments if available at the terms entered from a financial institution. This is being provided to help you to plan your next loan application. Usage: Enter values for the … [Read more...]
Middle-class Americans Agree Servicemembers Paid Less Than Civilians
February 13, 2013 FORT WORTH, Texas – News that Defense Secretary Leon Panetta will recommend limiting military pay in 2014 comes at a time when the majority of middle-class servicemembers and civilians agree that men and women in uniform are still underpaid compared to other U.S. workers. Six out of 10 Americans with household incomes of at least $50,000 believe that … [Read more...]