Posted: 2/7/2011 9:10:58 PM EDT
| I heard that there is a law that credit card companies can't raise your credit card interest over 10% without a reason if you are active duty military. Is this true? |
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Try the Soldiers & Sailors Civil Relief Act. I looked into it when I was getting ready to deploy and I'm pretty sure it only really applied to Guard and Reserve.
SSCRA |
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Quoted:
Try the Soldiers & Sailors Civil Relief Act. I looked into it when I was getting ready to deploy and I'm pretty sure it only really applied to Guard and Reserve. SSCRA The Uniformed Services Civil Relief Act applies to all members of the Armed Services, however it's more powerful elements usually end up helping reservists the most because they got back and forth between the military and civilian work forces. |