Financial Guide for Maine Veterans

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David Leach from the Bureau of Consumer Credit and Margaret Chase Smith summer intern Michael Adams co-authored a 30-page booklet which highlights information for Maine veterans in regards to financial issues, health care, employment, education and other state and federal resources.

Leach and Adams visited the TV5 studios Wednesday morning to talk about what is in the booklet, how to obtain it and use the information inside.

The booklet, titled Financial Guide for Maine Veterans, can be found online at credit.maine.gov or by calling 1-800-332-8529.

Maine's Bureau of Consumer Credit Protection has released a new consumer publication, Financial Guide for Maine Veterans. The 30-page booklet provides information for veterans on state and federal resources, employment opportunities, educational benefits, access to health care, and financial issues including VA-guaranteed loans, purchasing a vehicle, and establishing and maintaining a positive credit history.

It's available online at www.Credit.Maine.gov, and free printed copies are available to Maine residents by calling 1-800-332-8529.
Margaret Chase Smith 2018 summer intern Michael Adams, a Maine Army National Guard Afghanistan War veteran, co-authored the guide. Adams stated he was pleased to help create a resource for Maine veterans that compiles and organizes information from many different sources.Adams added that as a veteran, he understands the need for reliable resource guides focusing on financial issues faced by those who have returned from service to our country.
David Leach, Principal Examiner at the Bureau and co-author of the publication, stated, Mike Adams, who will be entering his second year at Maine Law School this fall, developed this publication using his real-world experience of having served the United States in time of war, then successfully re-adjusting to civilian life, including earning his undergraduate degree at the University of Southern Maine while working part-time.

The Financial Guide for Maine Veterans is the 12th Downeaster consumer protection guide released by the Bureau of Consumer Credit Protection in the past eight years. The Bureau's goal is to provide essential financial literacy publications on a variety of topics, including auto and home buying, the responsible use of credit cards, comparison shopping for student loans, understanding credit reports and file freeze, helping elders fight back against financial exploitation, and recognizing financial scams.

The online version of this new guide and all other Downeaster Common Sense financial publications can be found at www.Credit.Maine.gov by clicking Publications.Copies can also be ordered by calling the Bureau at 1-800-332-8529 (toll-free in Maine) or 624-8527.

The Maine Bureau of Consumer Credit Protection was established in 1975 to enforce credit-related consumer laws. The agency licenses lenders, creditors and collectors; conducts periodic examinations of creditors to determine compliance with state laws; and responds to consumer complaints and inquiries. The Bureau also conducts educational seminars and provides speakers to advise consumers and creditors of their legal rights and responsibilities.