A total of 952 members of the U.S. armed forces will receive $ 123.4 million from a settlement with five mortgage servicers announced Monday by the U.S. Justice Department. Collection & Credit Risk
Complaints about debt collection are growing among service members. There are now more than 11,000 complaints from service members, veterans and military families since the CFPB began accepting them 18 months ago. Collection & Credit Risk
Military personnel who have trouble handling their personal finances can very quickly find their duty status, potential promotions and even military careers in jeopardy. And, over time, the lingering burden of debt can add stress to their personal relationships and damage their credit profile. But does that debt have to be a career-killer? Servicemembers, veterans [...]
