Military Debt

Boehner Against More Cuts To Defense Funding – Bipartisan Effort To Protect Military Spending

October 28, 2011
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In an odd show of bipartisan support, multiple top Republicans and Democrats are calling for defense cuts to be off the table. The message being pushed is that military spending has been hit enough by an agreement between President Obama and Republicans. Speaker of the House of Representatives, John Boehner argued the military has...

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Credit Debt For Troops – Active Duty, Reserve And Vets Face Tough Economic Times

August 25, 2011
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Many veterans and active-duty military members often struggle with various forms of debt. Like many Americans, credit card debt is easy to accumulate. It is especially difficult for military members who constantly move around. Though the military does provide money to help assist military members and their families get from point a to point...

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The Debt Ceiling Deal And The Effect On Military Pay – Will Soldier See An Increase Or Decrease In Their LES

August 4, 2011
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Many active-duty members and veterans around the country have been worried about the potential effects of the debt ceiling crisis. One concern is a halt of payment and benefits. But the deal has been reached and the concern now regards what the impact will be. The debt plan that was initiated between Republicans and...

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GI Bill Over Payments And Student Debt Troubles – Many VA Benefit Recipients Are Having To Pay Back Money For College

June 22, 2011
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The G.I. bill provides great benefits to many American soldiers and sailors. But some have had to deal with overpayment from the VA and are required to pay them back. Since the post-9/11 bill went into effect, the number of veterans that owe money he has increased. One of the biggest reasons for this...

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Is A Low Balance Transfer For Military Members Worth The Potential Credit Impact – Soldiers In America Seek Alternatives To Paying Debt

June 17, 2011
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Often, military members get themselves into financial issues with credit cards. Because of the constant moving and location changing of military members, purchasing on credit eases the strain for many of America’s Armed Forces personnel. But that strain can often come back, and the APR on those cards is often too high for many...

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