Does the Military Pay Off Student Loans? An In-Depth Look
It is common knowledge that millions of Americans have student loan debt. Over 43 million Americans have amassed more than $1.3 trillion in debt for student loans. Paying off loan debt is anything but easy. While getting an education is …
View moreDefending Service Members: The Military Lending Act Explained
Being part of the military has plenty of privileges. Unfortunately, financial obligations can hinder service members from focusing on the job. That is why military members are given special protections like the Military Lending Act (MLA).
The MLA limits the …
View moreMilitary Debt Collection Law: Understand Your Rights
Nobody likes hearing from debt collectors. If you’re part of the military, military debt can pose risks to your status, promotions, and career. Military debt is just like any other type of debt. Primarily, it can affect the military personnel’s …
View more7 Point SCRA Checklist for Lenders
Lenders can’t comply with the Servicemembers Civil Relief Act if they aren’t well-versed in all of its many sections. Lenders who don’t retain legal advice to help them meet the many and varied requirements would do well to appoint a …
View moreWhat Are the SCRA Vehicle Repossession Rights?
As a lender or auto dealership, you are likely — and rightly — concerned with the SCRA vehicle repossession rights. It’s important to follow the letter of the law in these matters in order to avoid fines and penalties.
Companies …
View moreWhat are Common Myths About The Servicemembers Civil Relief Act?
The Servicemembers Civil Relief Act is an important law that grants special protections to those with active military status. The SCRA’s rules are sometimes confusing. This results in some people who do business with members of the military inadvertently …
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