The Department of Education is sending letters to veterans with severe disabilities notifying them that they may be eligible for a tax-free discharge of their outstanding student loans. Here’s what to look for if you’re eligible.
Borrowers whose student loans are forgiven due to death or disability will no longer have to pay federal income taxes on those forgiven loans. Now, tens of thousands of disabled veterans and hundreds of thousands of people living with severe disabilities are eligible for new student loan protections.
Seventy percent of new recruits pay $1,200 for GI Bill benefits they likely will not be using. Investing that money in DOD’s new Blended Retirement System (BRS) is probably a better investment.
If you have a VA home loan, then there is a good chance that you have already come into contact with offers to refinance your mortgage that appear official and may sound too good to be true. Here is what you need to know.
CFPB and our Office of Servicemembers Affairs are honored to recognize our nation’s servicemembers, veterans, and their families this Veterans Day.
When military borrowers are not able to get on track for programs like PSLF, they can end up paying tens of thousands of dollars they would otherwise not owe.
This month's 50-state report shows that servicemembers are more likely to submit complaints about some financial products compared to non-servicemembers, such as debt collection, but are less likely than non-servicemembers to submit complaints about other products, such as mortgages. Overall the report shows that servicemembers may face different problems in the financial marketplace than non-servicemembers.
Servicemembers consistently report their issues with debt collection to us. These are some of their experiences.
Servicemembers should secure their identities.
