Debt Management Loan

CGMA supports its members as they work on their financial resilience. The Debt Management Loan helps create the minimum financial condition to allow the client to live frugally while paying off debts responsibly.

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Amount

Up to $6,000

Type of Assistance

Interest-Free Loan

Eligibility

Active Duty
Auxiliary
Civilian Employees
PHS Officers and Chaplains
Reserves
Retired Military Personnel
Surviving Spouses

Start with Your CGMA Rep

Start with your local CGMA Representative

There are more than 600 Coast Guard Mutual Assistance Representatives to help you.

FIND MY REPRESENTATIVE

How to Apply

Gather these documents:

Contact your CGMA Representative to start the process.

Who's Eligible?

The member must complete financial counseling with

Once the member has a budget, an action plan, and a recommendation from the counselor, they can apply for an interest-free loan up to $6,000.

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