Alaska (FY2012) Find your Location and the corresponding Basic Allowance for Housing (BAH) in the pay tables below. All pay is listed in terms of dollars per month. Enlisted Personnel (Without Dependents) Location E-1 E-2 E-3 E-4 E-5 E-6 E-7 E-8 E-9 … [Read more...]
Financial Bootcamp: 4 Tips on How to Improve Your Credit Worthiness
We know it's tough to navigate the complexities of money management, especially when it comes to developing, maintaining, and repairing your credit. Just Military Loans already helps to ensure your long-term financial success by providing loans for active duty military members. However, they'd like to go one step further and give you some valuable advice on improving your … [Read more...]
Overseas Cost of Living Allowance Adjustments
December 2011 and January 2012 Effective in December 2011, 47 members stationed in Moscow, Russia will see an increase. In January 2012, roughly 1600 members stationed in Homer, Juneau, Kodiak, Unalaska, Alaska will see an increase in COLA while other locations will see no change. Increases in COLA will also be seen for the Barbados, Brazil, Cambodia, and Cape Verde. Members … [Read more...]
2012 Basic Allowance for Housing Component Breakdown
About BAH Data is collected annually for over 350 Military Housing Areas (MHAs) in the United States, including Alaska and Hawaii. Three components are included in the BAH computation: median current market rent, average utilities (including electricity, heat, and water/sewer) and average renter's insurance. Collectively, these components establish the total … [Read more...]
Debt Consolidation Relief for Military Personnel – What are the Benefits
December 19, 2011 What will the military personnel do when they incur high interest? Though military personnel have gone through various kinds of experiences in life, most of them get scared when they can't repay their outstanding credit card debt, in which hurts their credit score. If you're someone who is working as military personnel and you've incurred a huge amount of … [Read more...]