Military consumers reported they were more likely to be scammed, with a median reported loss of $280 last year—27% higher than the general population. We know how much you give to your country, and want to help you keep your hard-earned money safe.
This Veterans Day, most people are honoring the military members who served this country. Unfortunately, some unscrupulous scammers are doing just the opposite.
The steady paychecks and relative youth of active-duty military personnel may make them particularly vulnerable to scams. Our BBB Scam Tracker scam reporting tool gives us up-to-the-minute information on trends in the scam marketplace, including scams that impact those that identify as active duty military, veterans, or military spouses.
Rosemary Freitas Williams,Deputy Assistant Secretary of Defense for Military Community and Family Policy Whether you're a newbie recruit or an old salt, managing your money takes some time and attention. Despite the regular paycheck, it doesn't happen on its own. Forgive the pun, but the effort will pay off.As a service member, there's basic pay, travel pay, hazardous duty pay, cost-of-living allowances and much more. Then there are deductions, bills, rent or mortgage payments, and