Military Finance Network

Identity theft is a serious crime that can destroy your finances and ruin your life. Identity theft can ruin your credit score, destroy your ability to take out a loan, or even get you arrested for crimes you did not commit.
There are three methods to protect against identity theft and the damages it can do [...]

Military members are increasingly becoming targets of identity theft. Thankfully, I have not been one of the countless victims of identity theft. One of the main reasons military members make easy targets is because their Social Security Number is used for tracking everything in the member’s career. Member’s SSNs end up on literally thousands of [...]

The military has recognized that many of its troops get into financial trouble by frequenting Payday loan companies. The problem has become large enough for the Pentagon to attempt to limit interest charges on loans to military members.
There are several reasons why military members use payday loans. Lack of financial education is one reason many [...]

MyPay has stronger on-line security features than many financial institutions. Earlier this year, Defense Finance and Accounting Service (DFAS) announced implemented a new security measure to myPay, the on-line website for military and civilian pay. The new security feature is a virtual keyboard used to input your PIN information.
Users are required to input their PIN information [...]

MyPay, the on-line pay system utilized by the US Military, has seen a recent increase in hacker activity leading to stolen account information and the diversion of pay for some individuals. The bad news is that if a thief can access your myPay account, they can not only divert your funds, but they have access [...]