The SCRA Interest Rate – Know When and How to Calculate It!

The SCRA Interest Rate – Know When and How to Calculate It!

The SCRA, or Servicemembers Civil Relief Act, is a federal law that first and foremost protects military personnel who are on active duty military service from persecution in legal or financial matters while they are deployed. This unique benefit for servicemembers also offers a 6% interest rate, with a recent 4% reduction. Contents1 What is…

SCRA Vehicle Lease Termination

SCRA Vehicle Lease Termination

Are you an active-duty servicemember or dependent needing motor vehicle lease termination? Under the Servicemembers Civil Relief Act, you can be eligible for motor vehicle lease termination if you use the vehicle for personal or business purposes. This act provides those serving their country with legal protections regarding motor vehicles, helping free up financial resources…

Complying with SCRA Credit Card Regulations

Complying with SCRA Credit Card Regulations

Active duty service members serving in the United States military are well-protected by the Servicemembers Civil Relief Act (SCRA). Some protections extend after the servicemember has left active duty. Under the SCRA, servicemembers can receive financial relief and protections. If you are an active-duty servicemember or the immediate family member of someone in military service,…

Storage Unit Eviction Process Explained: Key Legal Guidelines

Storage Unit Eviction Process Explained: Key Legal Guidelines

Did you know that self-storage operators are just like landlords? This applies to tenants who don’t adhere to the rental agreement. Because they’re in charge of maintaining self-storage units, they might be tasked with the self-storage eviction process for people who don’t fulfill their duties. A self-storage unit is fundamentally like any other property. If…

SCRA State Laws: Comprehensive Guide for Legal Compliance

SCRA State Laws: Comprehensive Guide for Legal Compliance

The Servicemembers Civil Relief Act (SCRA) may be a federal law, but some states have modifications that affect service members who reside in their area. The SCRA provides legal and financial protections to active duty service members from specific court orders, default judgments, and judicial proceedings. This federal law also protects people rendering military service…

How Does Divorce Impact a Spouse’s Military Benefits?

How Does Divorce Impact a Spouse’s Military Benefits?

Being married to someone from the Armed Forces comes with plenty of benefits, but unfortunately, not all marriages are meant to last which is the reality many couples have to face. So, what happens to a former military spouse? Not all former spouses get to retain the benefits they enjoyed when married to someone in…

Can Undocumented Immigrants Join the Military?

Can Undocumented Immigrants Join the Military?

Immigrants have served in the United States Armed Forces since the country was founded, participating in every major conflict in American history. A study revealed that approximately 700,000 foreign-born veterans, many of whom have become American citizens, reside in the country today. Meanwhile, about 45,000 immigrants are actively serving in the Armed Forces. Immigrants have…

Can You Have Tattoos In The Military? Understanding Policies

Can You Have Tattoos In The Military? Understanding Policies

Did you know that 64% of soldiers who signed up for the military had existing tattoos before entering active duty service? Given that many service members have tattoos, does it mean having tattoos won’t prevent you from enlisting in the US military? The truth is it depends. If you’re interested in serving the nation through…

Can You Switch Branches In The Military? Let’s Find Out

Can You Switch Branches In The Military? Let’s Find Out

Can you change branches once you’ve signed up for a particular service branch? When Armed Forces members think about switching careers, they may consider changing to a different branch of service. This article will explore whether that option is feasible for military personnel. Contents1 Can You Switch Your MOS?2 Are You Allowed to Change Your…

Can You Receive 100% VA Disability and Military Retirement Pay?

Can You Receive 100% VA Disability and Military Retirement Pay?

Rendering military service is a privilege that comes with plenty of benefits. Among the many perks veterans are given are VA disability compensation and military retirement pay. But is it possible to receive both payments without sacrificing one for the other? This article will explore if qualified veterans can obtain both payments. It can help…