Financial resources for serving servicemembers, veterans, and military families
The CFPB helps servicemembers, veterans and military families navigate the unique financial challenges of service through financial resources, monitoring complaints, and holding companies accountable.
Protecting those who protect us
Research shows that only a small portion of active duty National Guard and Reserve members benefit from lower interest rates through the Servicemembers Civil Relief Act.
Financial resources for servicemembers
The Servicemembers Civil Relief Act (SCRA)
The SCRA provides servicemembers certain legal and financial protections, including with respect to wrongful foreclosures and repossessions.
The Military Lending Act (MLA)
The MLA provides servicemembers with important protections on many loan products.
Illegal military allotment practices
We also work with the Department of Defense to protect against abuses of the discretionary allotment system.
Read about abuses of the military allotment system
Navigating the military financial lifestyle
We have financial resources for every stage of military service and beyond.
Credit records of young servicemembers and civilians
Credit histories play a critical role in military service. We compared credit records of young servicemembers across the military and with civilians of the same age.
Read the follow-on report on young veterans after military separation (November 2020)
Tools and information for military families
Servicemember complaints
By analyzing complaints from servicemembers, veterans, and military family members, we can monitor the financial challenges facing this community.
Read the latest OSA Annual report (June 2023)
Complaints about identity theft
Complaint data shows military consumers increasingly report debts caused by identity theft.
Misadventures in Money Management (MiMM)
MiMM is a cutting-edge, virtual-learning experience that trains future and current servicemembers and their families on how to navigate future financial landmines.
Enforcement actions
We recover millions of dollars for servicemembers and their families by holding companies accountable for their illegal practices.
CFPB Orders TitleMax to Pay a $10 Million Penalty for Unlawful Title Loans and Overcharging Military Families (February 2023)
CFPB Sues MoneyLion for Overcharging Servicemembers and Trapping Consumers in Costly Memberships (September 2022)
See all our actions against companies targeting servicemembers