Military Personnel Face Student Loan Issues Despite Required Protections

Is this any way to treat our service personnel? I don’t think so!

Consumerist

(frankieleon) (frankieleon)

The Servicemembers Civil Relief Act (SCRA) provides a number of protections for military personnel and their families when it comes to private and federal student loans. While these benefits aim to alleviate the burden servicemembers face when paying back their educational debts, a new report from the Consumer Financial Protection Bureau shows that many student loan servicers continuously fail to uphold their end of the SCRA requirements. 

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bzerob

I am an aging American Navy veteran with some very pointed and acidic opinions. Feel free to heed the warning and read on.

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