Veterans & Debt

Like many Americans, you and other current or former members of the military may struggle with debt and other personal-finance issues. Your bills may have piled up while you were deployed, or you may face unemployment without the benefit of a college education or another safety net to fall back on. The U.S. Department of Veterans Affairs can help, but let's face it, the VA is swamped. Read on to discover ways to help control your finances.

Get Financial Help for Veterans
Soldiers Walking

Veterans in the U.S.

21.8 million

Unemployed Veterans

690,000

Homeless Veterans

62,619

Debt Solutions for Veterans

As a veteran or an active member of the military, you may find you are not immune to financial problems. Learn more about debt settlement, debt consolidation and other programs designed to help you and your family manage your debt responsibly.

Read More

More in this section

Veterans & Unemployment

As a veteran, you may face unique obstacles translating your military experience into a civilian job. You may even find yourself unemployed when you leave the service. Learn about the government programs and initiatives that can help you get an education and land the right job.

Read More

More in this section

Veteran Benefits & Programs

An assortment of programs and benefits can assist you in times of economic uncertainty or financial need. Learn about the benefits offered by the Department of Veterans Affairs (VA) and other organizations that can help you get back on solid ground.

Read More

More in this section

More on Veterans

Managing Bills while Serving

A recent survey found that 27 percent of service members with credit card debt owed more than $10,000 on those cards – and that a third of military families struggle to pay their bills each month. An updated Servicemembers Civil Relief Act (SCRA) gives more legal options and can ease the financial burden for military families.

Debt Help for Military Spouses

By law, spouses of active members of the military can get help paying their bills and loans under the Servicemembers Civil Relief Act (SCRA). The law caps credit card and mortgage interest rates and provides protections against eviction and foreclosure. In addition, there are health and life insurance benefits, housing benefits and education benefits afforded to spouses.

Bill Fay

Author

Bill Fay

Bill Fay is a journalism veteran with a nearly four-decade career in reporting and writing for daily newspapers, magazines and public officials. His focus at Debt.org is on frugal living, veterans' finances, retirement and tax advice. Bill can be reached at bfay@debt.org.

More From This Author

Are you in debt? We can help!

  • Amount
  • Type
  • Contact

How much do you owe?

What can we help you with today?

Get Help Now

Do you have credit card debt? You can pick options for lower monthly payments!

Get Help Now

Overwhelmed with debt? You have options for lower monthly payments!

x