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 …
View moreWhat are the SCRA Lending Standards?
Editor’s Note: Since the time this blog article was published, the time period of protections after termination of active duty has changed over the years. See Section 533 of the SCRA, particularly, Footnote 9.
As major mortgage lenders near …
View moreHow Can Student Loan Servicers Comply with the SCRA?
For-Profit Schools Use Military Status To Bend Rules
The debate regarding for-profit colleges is an important one in U.S. society. According to Washington Post data, tuition costs have risen steadily over the last decade thanks to increasing demand, virtually unlimited access to education financing and especially the consistent …
View moreCourt Orders Stay In Active Military Status Child Custody Case
Another ruling has come down in the case involving the child custody rights of a father with active military status.
According to The Daily Telegram, The Michigan Court of Appeals ruled Sept. 5 that no additional hearings are to …
View moreUSA Discounters Fined For SCRA Fraud Scheme
The CPFB has ordered credit and retail company USA Discounters to refund fees it wrongly charged servicemembers. As part of an SCRA fraud scheme, the affected servicemembers paid for benefits …
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