Accepting payments via discretionary military allotments has long been suspect in the eyes of the Consumer Financial Protection Bureau. Military allotments are automatic deductions from military pay.
An allotment is a designated amount of money that is automatically distributed for you, from your pay. You can have allotments sent to bank accounts, insurance companies and more. There are many ...
Editor's note: This is the third installment of New Year, New You, a weeklong look at your financial health headed into 2026. Allotments are a financial tool that allow military members to pay certain ...
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