Today, nearly 300,000 American men and women are serving overseas, often in harsh conditions and at grave risk. For many of these brave men and women, the challenge of everyday life experienced by their families back home is a significant worry, as loved ones struggle with car payments, credit card bills, and trying to find the cash needed to cover unexpected expenses.
Regrettably, the evidence is clear: servicemembers and their families are sometimes easy targets for unscrupulous lenders. Even families that stay with mainstream lenders can struggle as the impact of separation and frequent moving takes a financial toll, leaving a family mired in debt and trying to digest reams of fine print.
Today, we have good news to report.
Holly Petraeus will take on a new role at the Consumer Financial Protection Bureau Implementation Team, directing our effort to establish an Office of Servicemember Affairs.
Fonte: White House