Borrowing Money & Managing Debt | Personal Finance
If you’re having serious financial problems, your service relief organization may be able to help. Army Emergency Relief, the Navy-Marine Corps Relief Society and the Air Force Aid Society are here to help you weather financial emergencies.
Service members and families who have been affected financially as a result of travel restrictions, closures and other events from the coronavirus can check with their service relief organization to see if emergency help is available
FINRA Foundation research shows a significant number of military families have large credit card debt, with one in four respondents reporting outstanding balances of more than $10,000. Use these tools to learn more about credit scores, managing credit and ultimately making better financial decisions.
Payday lending (sometimes called a "cash advance") is the practice of using a post-dated check or electronic checking account information as collateral for a short-term loan. To qualify, borrowers need only personal identification, a checking account and income from a job or government benefits, like Social Security or disability payments.
Buying a car or appliance? Applying for a loan? Paying off debt? Saving for college? Take more control of your personal finances. Military OneSource has assembled 11 calculators to show you how to pay off debt and help you better manage life's financial decisions.