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ARTICLE · 28 MAY 2021

CFPB Office Of Servicemember Affairs Issues 2020 Annual Report

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On May 6, 2021, the CFPB's Office of Servicemember Affairs issued its eighth annual report summarizing its activities from January 1 through December 31, 2020.

United StatesFinance and Banking
Sarah T. Reise
Sarah T. Reise
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On May 6, 2021, the CFPB's Office of Servicemember Affairs issued its eighth annual report summarizing its activities from January 1 through December 31, 2020.  The report discussed the Office's consumer outreach and educational efforts, servicemember complaint trends, and priorities for 2021.

The Office's educational outreach focused on specific economic challenges and resources related to the COVID-19 pandemic, including forbearance programs and emergency grants. The Office also enhanced its flagship interactive financial educational program, titled "Misadventures in Money Management," to add a specific military family learning module.  The program is free and available for use by all military personnel, including National Guard and Reserve members.

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