Many military service members and veterans end up fighting a different kind of enemy: debt.It can come from credit cards, auto loans, medical bills, or student loans.According to The Pew Research Center, 35% of veterans had trouble paying bills in the first few years after leaving military service, often due to a loss of their steady paycheck."Got out of the service, went back to work for a while, met my wife," recalled Marine veteran Gabriel Grant.
That's why non-profit credit counseling agency Money Management International and the USAAEF have teamed up to help service members and veterans get out of debt.USAAEF offers a free, self-help program called Debt Destroyer on its website."People can come and self-serve in a six-step approach. We have a video series, we have a calculator to help people come up with a plan to get out of debt," said Moynahan.