The Servicemembers Civil Relief Act (SCRA) is known to provide select financial and legal protections to service members and their dependents. Among these protections that help service members manage their finances is the interest rate reduction on pre-service obligations. More people are familiar with how the SCRA affects active duty military personnel, but what happens…

Landlords, lenders, banks, and any entity renting to or holding a mortgage for active duty service members should familiarize themselves with the Servicemembers Civil Relief Act (SCRA). It’s vital they follow SCRA guidelines, specifically if they’re doing business with service members based in the continental United States. Those who violate SCRA guidelines for real estate…

As most people know, active-duty military personnel are granted special perks. Among these benefits is the Servicemembers Civil Relief Act (SCRA). This federal law provides active-duty service members and commissioned officers from the Public Health Service or the National Oceanic and Atmospheric Administration with select legal and financial protections. Among the most notable legal rights…

Military families go through plenty of unique challenges, which can affect a child’s life in so many ways. Military service often calls for service members and their dependents to move across states and in some cases, overseas. But what happens when the military member has to move but is facing a child custody battle simulaneously?…

People with debt are allowed to render military service. In fact, laws are in place to help military members manage financial obligations, including debt issues. Credit card debt won’t necessarily hinder you from pursuing a military career, but that doesn’t mean you can use the Armed Forces as a scapegoat for financial responsibility. Are you…

Storage facility tenants are just like any other tenants. Upon signing the contract, you’re committed to paying storage unit rent for a particular period. The payment terms are explained in the rent agreement. But what happens when you don’t pay the storage company on time? We’ll talk about storage unit auctions and the consequences of…

Lenders are legally required to honor the rights mandated by the Servicemembers Civil Relief Act (SCRA) to avoid paying hefty penalties. But what exactly are these rights? We’ll discuss pertinent details lenders should know before lending to active duty service members. Understanding the Servicemembers Civil Relief Act (SCRA) for Lenders Formerly the Sailors Civil Relief…

Storage unit rental rates aren’t static because of various factors. The higher the demand for self-storage units, the more expensive the rent is. If the storage unit is in the city center, it’d be more costly than one in a rural area. The price of ensuring the storage facility is safe and well-maintained can also…

Becoming a service member involves accepting frequent movement because of military orders. It’s normal for military personnel to move interstate and sometimes abroad for deployment. This constant change in address may lead some people to rent a storage unit. Military personnel are provided perks to make military service more manageable, but does this extend to…

Some people change their minds about their service commitment. Not everyone is cut out to become a military member, and that’s fine. When you enlist in the military, the Armed Forces spend thousands of dollars to finance your training to become an asset to the Air Force or your chosen branch. In return, you’re expected…