Check These Out: Buddy Finder | Videos | SpouseBUZZ | My Friend Network | News | Military Equipment


Military.com    Military.com Forums  Hop To Forum Categories  Finance  Hop To Forums  Personal Finance    Bills before joining?

Moderators: MortgageGuru
Go
New
Find
Notify
Tools
Reply
  
  Login/Join 
New Member
Posted
Im very interested in joining the ANG, somthing ive actually always wanted to do. But what do i do about having bills etc? Sombody once told me they could be put on hold while your either activated or what not. Hows this go along? Or is it a your bills your problem situation?
 
Posts: 4 | Registered: Fri 30 January 2009Reply With QuoteEdit or Delete Message
Member
Posted Hide Post
If your income goes down as a result of being in the military, then you may ask loan-holders to lower your interest rate down to 6% while your income is down. As a Guard/Reserve member you could only get the 6% rate while you are attending military training which would be during basic & MOS/Tech training. Also, loan-holders are not obligated by law to lower to 6%; could give another rate or refuse.
Ordinary bills such as utilities, insurance and such are yours to manage - no special shelter due to military service on those.
 
Posts: 465 | Registered: Fri 23 December 2005Reply With QuoteEdit or Delete Message
  Powered by Eve Community  
 

Military.com    Military.com Forums  Hop To Forum Categories  Finance  Hop To Forums  Personal Finance    Bills before joining?

© 2009 Military Advantage, Inc.