(PRWEB) March 07, 2013
The online tips explained in the blog explain that the military personnel should take advantage of the Savings Deposit Program (SPD). It is a simple savings program that offers a 10% rate of interest and it is available to anyone. They also can apply by allocating up to 100% of their basic pay, up to a total of $10,000. If they have any debts, they can use the Service Members’ Civil Relief Act (SCRA) to reduce the interest of any debt they have to 6%.
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