2013 Military Pay Raise Now Official
The Defense Finance and Accounting Service (DFAS) has released the 2013 Military Pay and Allowance charts. This year's pay raise is 1.7% across the board, and the monthly basic allowance for subsistence (BAS) rates increased to $242 for officers and $352 for enlisted. The 2013 Military Pay Raise goes into effect on January 1, 2013.
Consumer Financial Protection Bureau Issues Rule to Protect Consumers from Irresponsible Mortgage Lending
WASHINGTON, D.C. - Today the Consumer Financial Protection Bureau (CFPB) adopted a new rule that will protect consumers from irresponsible mortgage lending by requiring lenders to ensure prospective buyers have the ability to repay their mortgage. The rule also protects borrowers from risky lending practices such as "no doc" and "interest only" features that contributed to many homeowners ending up in delinquency and foreclosure after the 2008 housing collapse.
What Will Veterans Do For Jobs When the Defense Industry Collapses?
When you look at the 2012 lists of who was hiring veterans, you'll find an impressive array of companies where the leaders are defense contractors. If you're a veteran, you may work for them already and most likely know at least a dozen or so other veterans that currently do.
5 Simple Tips to Reach 2013's Savings Goals
Personal finance experts are pushing for consumers to understand the importance of saving more and spending less. It may appear to be a simple concept to incorporate into your life, but consumers tend to find that saving isn't always easy at it seems.