For those of you coming back in and those that are already in. You are eligible under the service members civil relief act. It deals with tons of incentives to you and your dependents. naming a few are to lower you interest rates to 6% coming in. I did this my first enlistment and the bank actually had to backpay me all the over interest that was over six percent . I received a few thousand dollar check and interest rates dropped. RENT, INSTALLMENT CONTRACTS, MORTGAGES, LIENS, ASSIGNMENT, LEASES to name a few.
Check it out and talk to one of your yeoman or a a senior enlisted member about it. Or message me.
§ 3937. Maximum rate of interest on debts incurred before military service
(a) Interest rate limitation
(1) Limitation to 6 percent
An obligation or liability bearing interest at a rate in excess of 6
percent per year that is incurred by a servicemember, or the
servicemember and the servicemember’s spouse jointly, before the
servicemember enters military service shall not bear interest at a rate
in excess of 6 percent
Goodluck and in my opinion pay off the credit card aka charge card fast and destroy it....