This is nothing new but for some this could be the first they’ve seen or heard of it. Know someone who this applies? Feel free to share.

Wish we would have known this when we purchased our first SUV while my husband was still active duty.

We were paying around 12% on our vehicle loan and knew nothing of this. After finding out I contacted the creditor that held the loan and showed proof of military service and they then reduced the percentage rate for the rest of the loan.

 

http://militaryspouse.com/career/benefits/servicemember-civil-relief-act-creditors-literally-pay-it-forward/