Information for Active Duty Military Members and their Dependents
Servicemembers Civil Relief Act
The Servicemembers Civil Relief Act (SCRA) is a federal statute that allows military members to suspend or postpone some civil obligations so that the military member can devote his or her full attention to military duties. The SCRA is designed to protect active duty military members, as well as reservists and National Guardsmen who are in active federal service. Some of the benefits under the SCRA also extend to dependents of active duty military members. The original Soldiers' and Sailors' Civil Relief Act was passed during World War I. The statute was reenacted during World War II, and was later modified during Operation Desert Storm.
Military Lending Act
The Military Lending Act (MLA), enacted in 2006 and implemented by the Department of Defense, protects the financial interests of active duty military and their families in certain credit transactions. The MLA limits the amount a creditor may charge, including interest and fees, for payday loans, auto title loans, tax refund anticipation loans, credit cards (starting in October 2017), and certain other credit products. For more information, see the MLA-related links below.
- Financial Protections for Service Members Basics (FDIC)
- Mortgage Payment Relief: Questions & Answers (HUD)
- Service Members Civil Relief Act (SCRA)
- What Are My Rights Under the Military Lending Act? (CFPB)
- What Types of Loans Are Covered Under the Military Lending Act? (CFPB)
- Complying With Recent Changes to the Military Lending Act Regulation (NCUA)