 Welcome to All Hands Update. I'm Petty Officer Taureo Morris. The DOD is making changes to protect you and your family from financial predators. Secretary of Defense Chuck Hagel directed a policy change in paycheck allotments. Beginning January 1st, 2015, service members will no longer be able to use allotments to buy, lease, or rent personal property. Service members will no longer be able to make allotments for vehicles, appliances, or household goods, electronics, and other consumer items. Existing allotments will not be affected. The change will eliminate abuse of the allotment system by lenders looking to take advantage of those serving in the military. Allotments can be used for savings account deposits, investments, support of dependents, bill payments, and CFC donations. Visit Defense.gov to read the full report.