Secured Credit Cards: Military and Veteran Service Members

Those in the military face difficulties during and after their service, such as frequent moves and mental health concerns, which can limit their financial success. Many high-cost lenders exploit service members, leading to over indebtedness. Secured credit cards can limit service members’ financial vulnerabilities by offering a path to improve damaged credit, reducing their need for costly and establishing positive financial behaviors to benefit their overall financial health.

By Laura Cummings, Nick Canfield