Pay As You Settle Offers Assistance to Returning Troops with Debt

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President Obama Announces 33,000 troops are returning home and with that joyous news, the military personnel are coming home to a time of recession. Pay As You Settle (PAYS) understands that the recession has caused many people to use credit cards just to get by, but PAYS is here to make sure that soldiers and citizens alike achieve financial freedom.

Pay As You Settle

Pay As You Settle

“Anxiety caused by credit card debt can be a highly emotional situation and people need to be sure they’re working with a reputable, established company that has their best interests in mind.

With Independence Day enjoyed and the announcement that many of our troops are coming home is especially joyous news. Pay as You Settle, a debt settlement program, is sympathetic though to the fact that many military personnel are returning to a recession and all of the struggles that accompany a recession. High levels of unemployment, a lack of re-entry resources, and an enormous back-log of pending war-related disability claims have left many in the military without the resources they need to function in society and support their families. Many military personnel will be faced with using credit cards to get by. There are some important things for returning military trops to know:

Resources for veterans

1.    The Uniformed Services Employment and Reemployment Rights Act legally protects and requires that returning veterans be given the same or equivalent job.
2.    If you have a claim against an employer, The Department of Defense, Department of Labor, and the Department of Justice can all investigate the claim but unfortunately it can take an average of 20 months to be fully addressed.
3.    During job searches, remind employers that the skills you acquired in the military such as adaptability, teamwork, mission-focus and discipline are all skills that can be applied in any job setting.
4.    Go back to school: a college degree can greatly increase your employment opportunities and fortunately the military does offer tremendous assistance for veterans and active military personnel who want to pursue a degree. The only “downside” to this option is that going to school may still put a strain on your pocketbooks as the GI Bill may not be enough to cover tuition, school expenses, AND living expenses in many instances.

If credit card debt is putting a strain on your finances, here are some tips to help you work towards financial freedom:
1.    Create a monthly budget by reviewing income and expenses to determine how much you can afford to pay toward your credit card bills.
2.    Once your budget has been determined, you can explore your options, such as:

  •     Pay creditors more than the minimum amounts.
  •     Get a consolidation loan to pay off all cards.
  •     Explore credit card counseling programs to see if they can reduce your principle while maintaining an affordable monthly payment.
  •     Research debt settlement programs, and look specifically for programs that do not charge upfront fees and can eliminate your principle balance within 36 months or less.
  •     Declare bankruptcy; a last resort due to length and cost of the process and the effect it will have on your financial well-being.

Pay as You Settle strongly recommends consulting with a debt advisor to help you assess your situation and further explain your options. To find reputable companies who may be able to help you, visit the Better Business Bureau’s website. Consumers should be well-informed and ask questions, as there are pros and cons to each option. During the month of July, Pay As You Settle is offering discounts of our services to all veterans, active and retired military personnel.

“Anxiety caused by credit card debt can be a highly emotional situation and people need to be sure they’re working with a reputable, established company that has their best interests in mind,” said Amy Thompson, a founder of Pay as You Settle.

Pay as You Settle® (PAYS®) is one of the nation’s leading pay-as-you-go debt settlement programs. The program can be found online at or by calling 800.441.7297.


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Lorrin Nahinu
Pay As You Settle
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