I am in the military and currently serving in Afghanistan. Prior to my departure I turned in my car lease under the Service Member Relief Act. When I check my credit report, it shows up as voluntary repossession, and then right after that it says “Due to military service.” Does this have a negative impact on my credit?
As a member of the Army currently overseas, what can I do to protect my credit? I heard something about placing an “active duty alert” on my credit that only allows credit to be opened if I directly approve.
Categories: Fraud and ID Theft