Where can servicemembers go to get good financial counseling to avoid the cycle of debt altogether?
Financial management courses and personalized support from financial management specialists – often known by their initials “PFMs” – are available at military installations. In the Army, these services are located at the Army Community Service Office; in the Navy and Marine Corps, you’ll find these services and experts at the Fleet and Family Support Office; in the Air Force, they are located at the Airman and Family Readiness Center. Military OneSource offers free, confidential financial planners and counselors available toll-free 24/7 at 800-342-9647. Military Homefront (www.militaryhomefront.dod.mil) is the official DoD website for reliable quality-of-life information to help servicemembers and their families, leaders and service providers (see the “Personal Finance” section). Banks and credit unions located on military installations are excellent resources. They provide financial management education in addition to lending services. Source: Department of Defense. For a complete FAQ
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