Category: General - Page: 20

4 Contracts Servicemembers Can Cancel Under The SCRA

Many lenders or business owners wonder what types of contracts servicemembers can cancel under the Service Member Civil Relief Act. They are right to show concern. Mistakes in this area can be costly.

Deployment or moving to another base can …

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SCRACVS Passes 1 Million Batch Military Verification Mark

The Servicemembers Civil Relief Act Centralized Verification Service recently passed an important milestone after processing its millionth batch order.

Working with the Servicemembers Civil Relief Act Centralized Verification Service to check military status and obtain relevant paperwork for court couldn’t …

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Can Active Duty Servicemembers Delay Court?

Bringing someone to court is virtually always a stressful experience, but matters quickly become even more complicated if the defendant is an active duty servicemember. Under the Servicemembers Civil Relief Act, an important law that protects the civil interests of …

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DoD Fights SCRA Lender Abuse With Allotment Rules

In response to media reports of active duty servicemember abuse by predatory lenders, the Department of Defense has announced a new policy designed to minimize the effects of SCRA lender abuse.

This week, the Department of Defense announced that, starting …

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Auto starter interrupters could be SCRA compliance risk

As the subprime auto lending sector continues to inflate across the country, the use of starter interrupters has increased with it, potentially exposing lenders to SCRA compliance risks.

Many subprime borrowers are expected to allow the installation of a so-called …

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Active Duty And Civilian Student Loan Adjustments

For years, private student lenders have had to make adjustments to repayment plans in order to comply with the Servicemembers Civil Relief Act, but some are starting to offer similar options to civilians.

Wells Fargo was recently the first private …

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