Lending Boot Camp

Purchasing a home, a car, or another high-value item usually requires diligent research of financing options. Making the wrong choice can have a detrimental impact on your finances, as members of the military community have sometimes learned. In a recent Pentagon-sponsored survey, active duty enlisted personnel reported facing a range of serious financial problems:

• 27 percent had trouble paying their bills
• 21 percent had received pressure from bill collectors
• 19 percent had trouble making ends meet
• 9 percent had pawned valuables
• 4 percent were behind in their rent or mortgage payments
• 4 percent had "serious" difficulties, including shutdown of utilities, repossession or bankruptcy

Understanding the spectrum of loan products available to you, and learning to choose what is best for you and your family, is critical to your financial well-being. To answer these and other questions, we have created the Military.com Finance channel. Here, you will find advice, services and products you will need to make the right choices given your current financial condition.

Click on the links at the right to access topics in our Finance channel as well as other selected resources.