Servicemembers, Veterans, their families and their support organizations often have questions about money topics and about their rights as consumers of financial products and services. The CFPB has developed resources that can help answer your questions and provide objective guidance. Below are several financial education resources from the CFPB:
- Military Financial Lifecycle – a roadmap depicting significant financial decision points and financial resources to support servicemembers throughout their military careers
- AskCFPB – a database of clear and impartial answers to hundreds of financial questions including military topics specific to Servicemembers and Veterans
- Financial Well-Being Questionnaire – ten questions to help Servicemembers and Veterans measure financial well-being and steps to take to improve it
- Resources for Older Adults and Caregivers – tools for financial security later in life, including the Elder Fraud Prevention Network Development Guide, which can help Servicemembers and Veterans start or grow a network in your community
- Money Smart for Older Adults – a train-the-trainer resource to help prevent elder financial exploitation, including scams against older Veterans
- Managing Someone Else’s Money: Help for representative payees and VA fiduciaries – guides for those who have been appointed by a government agency to manage another person's income benefits, such as Social Security or Veterans Affairs benefit checks
- Servicemember Civil Relief Act (SCRA) Page – an overview of SCRA rights and protections
- Military Lending Act (MLA) Page – an overview of certain aspects of the MLA, including the MLA Applicability Flow Chart, which aids practitioners in assisting covered borrowers in understanding if the MLA applies in a particular situation or not
Remember that we are here to help. If you have a problem with a consumer financial product or service, you can submit a complaint to the CFPB. We will work to get you a response.
The CFPB continues to work with consumers and our stakeholders as the financial marketplace evolves, so we can understand and help address the unique needs and challenges of members of the military and Veteran community.