Click to return to BOL home page
Banker Store Read A Reg BOL Insiders Career Connect Learning Connect Bankers Information Network

Search BankersOnline
using Google


    Agency Road Maps

    Alphabet Soup

    Compliance Tools





    Lending Tools




    Check 21

    Operations Tools

    SAR Resrch Guide



    Bank Robbery


    ID Fraud/Phishing

    Security Tools


    Info Security

BOL Archives

BOL Blogs

Briefing Archive


Court Watch

e-Card Exchange

Examiner's Corner

Executive Briefing

HR Corner


Launch Pad

Regulator Roadmaps

Risk Management

Site Map

Site Orientation

Top Stories

~ ~ ~

Em@il Education

ID Verification

~ ~ ~

Banker Store

Bankers Info Ntwk


Career Connect

Learning Connect

Guru Central


Ask a Guru
Bankers Threads

Contact Us

Give Us Feedback


60 Second Solutions

Alphabet Soup

Banker Tools

BOL Forms


BOL Recipes

eCard Exchange


About Our Sponsors
About Us

Print Friendly! Email This Article! Discuss NOW!

BOL's Servicemembers Civil Relief Act Page
(The SCRA amends/rewrites the SSCRA)

On 12/19/03, the Servicemembers Civil Relief Act became law. It rewrote and amended the Soldiers' and Sailors' Civil Relief Act of 1940. A hypertext version of the new law (which took effect upon signing) may be accessed through BOL's Alphabet Soup section. SCRA.

SCRA Video Presentation by Mary Beth Guard -- 17 minute streaming video presentation explaining the major provisions of the Servicemembers Civil Relief Act.

Some of the articles and regulatory issuances linked to below reflect opinions and views relating to the old SSCRA, while others pertain to the new SCRA.

BOL Exclusive
--Final Rule on Terms of Credit to Service Members and Dependents
--Proposed Limitations on Terms of Credit to Service Members and Dependents
--DoD Questions for Comments
--A New Usury Law Coming to You - Prepare and Respond
--Loan Rate for Army Reservist
--SCRA Notice in Past Due Mortgage Notices?
--SCRA Report Delinquent History on Credit Report
--SCRA Is 6% the Interest Rate or the APR?
--SCRA When Does Active Duty Begin?
--Entitled to SCRA Relief?
--SCRA Notice - Mortgage Only or All Borrowers?
--SCRA - Finalized HUD Notice
--Determining Reduced Payment Amount under SCRA
--SCRA and Sub-6% Mortgage Loan
--What is "Active Duty" Under the SCRA?
--Is this Servicemember Protected by SCRA?
--Interest rates for servicemembers
--SCRA and Loan to Estate
--SCRA: How Far Back Does Relief Go?
--SCRA & Student Loans
--What is Active Duty for SCRA?
--SCRA and the Interest Rate Reduction Requirement
--SCRA Rate on Student Loans
--New federal law addresses bank, military service member relations
--SCRA records retention
--Military leave

Bankers Threads
Lending to Servicemembers (SCRA, JWNDAA), War, Terrorism

Regulatory Issuances
FDIC FIL: Consumer Protection for Service Members
FDIC FIL: Affordable Small-Dollar Loan Products Final Guidelines
DOD Final Rule: Limitations on Terms of Consumer Credit Extended to Service Members and Dependents
Questions & Answers for Reservists, Guardsmen and Other Military Personnel - HUD
Interagency Statement on Working with Mortgage Borrowers (Includes Servicemembers - issued 4/18/07)
HUD's service member notice
The FDIC reminds financial institutions of requirements of the Soldiers' and Sailors' Civil Relief Act. (issued 12/9/02)
SBA Military Reservist Economic Injury Loan Program
SBA Military Reservist Economic Injury Disaster Loan Program (MREIDL)
SBA Military Reservist Economic Injury Disaster Loan (MREIDL) - Add'l filing requirements
OCC - SCRA Guidance Amended by HERA (issued 10/24/08)
OTS Guidance on SSCRA (issued 9/28/01)
Explanation of Act for service members from the American Forces Information Services
Further Explanation from American Forces Information Services -- also geared toward service members
SCRA Checklist-- from the Air Force
SCRA Info -- also geared toward service members
SCRAct Guide - from the Coast Guard
SCRA Overview - from

--Overdrawn Accounts and the SSCRA
--IRS Levy and the SSCRA
--Debiting a Military Customer's Account
--SSCRA & Rate Caps
--SSCRA Rate Adjustment
--SSCRA Applicable to Enlistees?
--Military Dependants Eligible For SSCRA Benefits?
--Military ID Cards
--SSCRA Rate Reductions & Timing
--Understanding the Soldiers' and Sailors' Civil Relief Act of 1940
--Q & As on SSCRA
--MORE Q & As on the Soldiers' and Sailors' Civil Relief Act
--SSCRA - Civil Relief for the Military - from Compliance Action
--Reservist Achieves Victory Under SSCRA: What Every Lender Should Know
--SSCRA -- the old Statutes (BOL's PDF version of the sections of the law which are relevant to bankers)
Soldiers' and Sailors' Civil Relief Act of 1940 -- from Historic Government Publications from World War II. Includes the 1942 amendments.
Soldiers' and Sailors' Civil Relief Act info - from the Navy JAG
Soldiers' and Sailors' Civil Relief Act - from the US Military

First published on 9/27/01. Updated 05/02/11.

Privacy Policy    Disclaimer   Recommend This Site !   Contact Us

BankersOnline is a free service made possible by the generous support of our advertisers and sponsors. Advertisers and sponsors are not responsible for site content. Please help us keep BankersOnline FREE to all banking professionals. Support our advertisers and sponsors by clicking through to learn more about their products and services.