Please let me know if I understand this correctly. The 6% interest rate cap only applies to servicemembers who excercise their rights by requesting the relief with the required documentation, orders, etc.. This also provides relief from late charges, fees, service charges, when they exercise their rights.
However, the 90 day stay that has been extended to 9 months on mortgages, Deed of Trust, etc., applies to ALL servicemembers, not just those who exercised their rate cap privileges.
Also, other debt such as cars and personal lines of credit, not secured by a mortgage, remain under the 90 day stay? And is this for all servicemembers also, not just those who exercise their rate cap privileges?