The financial crisis is taking its toll on military families. Foreclosure rates in military towns are increasing at four times the national average. And the unemployment rate for newly minted veterans was 18-percent, that’s according to a survey put out by Veterans Affairs last year! All this can mean spotty credit reports for service members and difficulty getting loans. But one group hopes the change that. The National Foundation for Credit Counseling has teamed up with Military One Source to provide help with money management. Gail Cunningham, Senior Director of Public Relations for NFCC, tells us her group is very passionate about the mission. Click to hear the interview.
Tom Temin is the host of The Federal Drive, 6 a.m.-10 a.m. on 1500 AM in the Washington, D.C. region and online everywhere.
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