The Servicemembers Civil Relief Act (SCRA) is a benefit every service member should know about. You took the oath to support and defend the Constitution against all enemies. One of the perks for bearing that true faith and allegiance is getting some financial relief while you serve. That's where the SCRA comes in.
The SCRA is a federal law that gives legal protections and financial benefits to active duty service members. The SCRA includes protections for things like credit and mortgage interest rates, eviction, foreclosure, and income tax payments.
When I'm coaching service members or giving a financial briefing, questions about the relief act come up all the time. Often people have heard of it or at least a couple of its protections, but usually, people don't know all of the benefits they're afforded under the Act. Here's what every service member should know about the SCRA.
More on the Servicemembers Civil Relief Act
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Finding Help With the SCRA (Military OneSource Installation Finder) [ Ссылка ]
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Lacey Langford, AFC®, is a financial coach, writer, and speaker who changes people’s mindset from being fearful of money to having control and confidence with it. Money + military is her jam.
She’s the founder of LaceyLangford.com, a personal finance blog and coaching practice specializing in the unique world of the U.S. military. She’s been featured in Good Morning America, Market Watch, and U.S. News and World Report.
Lacey’s the creator and host of The Military Money Show, a podcast dedicated to helping the military community make, save, and invest money wisely.
Besides being a financial coach, Lacey teaches other financial professionals to build a portable and profitable coaching business through her Financial Coaching Business Builder course.
Lacey’s an Accredited Financial Counselor® with over 15 years of financial planning, counseling, and coaching experience. She likes long walks on the beach, cross stitch, and opera. Just kidding. She loves reality TV, chili-cheese Fritos, and laughing.
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