Mortgage Refinancing Scams Prey on Military
November 10, 2016
Service men and women are, unfortunately, often the targets of scams. One con that preys on military members is predatory lending, when unscrupulous companies use false promises to trick borrowers into bad loans.
How the Scam Works:
You get an offer – via mail, email or even social media – touting mortgage refinancing just . . . → Read More: Mortgage Refinancing Scams Prey on Military
For military folks, financial decisions can have long-term effects on family life, security clearance, and mission readiness. In fact, the Department of Defense (DoD) has said that financial readiness is a critical part of the force’s mission readiness. It makes sense: when you know how to manage your money – and how to spot a rip-off . . . → Read More: FTC Military Consumer Toolkit
The following article was originally published on the CFPB website.
Written by Holly Petraeus
Since this is National Consumer Protection Week, it seems appropriate to give you a few tips about how to protect yourself from scams. Here are a few things that I’ve told to military audiences that I want you to know about, too:
A lot . . . → Read More: Holly Petraeus Discusses Consumer Scams – NCPW
Military Saves encourages the military community to meet immediate needs and build long-term wealth through saving and debt reduction.
What is Military Saves?
Military Saves is a national campaign to persuade, motivate, and encourage military families to save money every month, and to convince leaders and organizations to be aggressive in promoting automatic savings.
You’ll be a part . . . → Read More: Military Saves!