Economic Challenges for Military Personnel
Unlike the typical American worker/professional, members of the US Armed Forces and their dependents face a wider range of economic challenges than most. Whether deployed in peacetime or in these times of conflict, the wide range of conditions that affect the military family can impact that family’s finances most dramatically. Further, the rapid pace of change in the global geopolitical environment has created a scenario where an unanticipated assignment or rapid deployment can and often does create havoc in the entire military household – from emotional issues to financial ones.
Our anti-terror and liberation activities in the Middle East have placed thousands of military personnel and their families under excessive financial strain. Clearly, active servicing of your revolving debt may well be forced to take a backseat to paying more pressing short-term financial demands such as housing, food and medical. Yet this creates havoc with your credit rating, hampering your ability to obtain reasonable access to credit in the future. It puts you under the scrutiny of your superior officers who demand that you live up to the financial obligations you have voluntarily made. With this in mind, we offer you this site specifically developed with the credit and financial issues of America’s Military and their families.