Category: News - Page: 2

News related to the Servicemembers Civil Relief Act.

Judge Rules Servicemembers’ Legal Protections Should Apply to Foreign Judgements in Maryland

A federal law granting active duty service members legal protections should apply to foreign collections in Maryland, as a U.S. district judge ruled in Baltimore, Maryland.

The judge explained that the Servicemembers Civil Relief Act (SCRA) protections apply to the …

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Wells Fargo and Others Face Class Action Lawsuits for Alleged Violations of Military Service Members’ Rights

Service members and veterans recently filed class action lawsuits against companies Wells Fargo, Synchrony Bank and Ally Financial. These lawsuits involve the alleged violation of the Servicemembers Civil Relief Act (SCRA).

Recently, a pair of military veterans led a class …

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U.S. Government Settles with United Road Towing and Rod Robertson Enterprises Over SCRA Violations

El Paso City has announced that it has resolved the lawsuit involving the illegal selling of vehicles belonging to active service members. In 2023, the federal government filed a lawsuit against El Paso, United Road Towing Inc. (URT), and Rod …

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USAAEF and Money Management International Partner to Help Service Members and Veterans Get Out of Debt

Many veterans and service members face another daunting battle: debt. Debt comes in various forms, including student loans, credit cards, auto loans, and medical bills. 

According to the Pew Research Center, 35%, or a third, of veterans had difficulty …

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CFPB Sees 27% Spike in Complaints from Service Members in 2023, Highlights Financial Protection Efforts

The Consumer Financial Protection Bureau (CFPB) recently reported that it has received over 400,000 complaints from service members, veterans, and their dependents since opening its doors. The CFPB opened its doors in July 21, 2011.

In 2023, the CFPB saw …

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CFPB Urges Creditors to Improve Support for Active Duty Service Members

In its blog post, the Consumer Financial Protection Bureau (CFPB) highlighted three areas where it works to help service members more. These areas include a six percent interest reduction stipulated by the Servicemembers Civil Relief Act (SCRA), restrictions on …

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