Sorry to join this party so late, but I'm very confused and need clarification!
In
http://www.bankersonline.com/compliance/ci-scra1.html writen by Mary Beth, one of the questions about halfway down is:
"Question: Does the pre-existing debt rule begin on the date the individual enters the military service or the date s/he is called to active duty? Or is that pervceived to be the same date?"
"Answer: Military service is deemed to begin when the person receives their orders, rather than the date the servicemember must actually report for duty. This is good news for creditors. If it were written differently, a person could receive their orders, go run up debt, then seek to have the rate lowered once they reported for active duty. Since military service is deemed to begin when the person receives his orders, this is not possible."
This seems to contradict what Dan was explaining. Help!!