Servicemembers Civil Relief Act (SCRA) Policy - $150.00


The purpose of this Servicemembers Civil Relief Act (SCRA) Policy is to address how a financial institution adheres to the Servicemembers Civil Relief Act (SCRA).  In general, SCRA provides certain legal protections and debt relief rights to servicemembers on “active duty” or “active service,” or a dependent of such servicemember.

Table of Contents

Purpose and Contents - Topic 1
Policy Statement - Topic 2
Verification of Military Service - Topic 3
Exercise and Waiver of Rights - Topic 4
Business and Trade Obligations - Topic 5
Dependents and Persons Secondarily Liable - Topic 6
Rate of Interest - Topic 7
Installment Contracts and Leases - Topic 8
Mortgages - Topic 9
Life Insurance - Topic 10
Military Lending Act Policy Reference - Topic 11
Audit Policy - Topic 12
Staff Training - Topic 13
Retention of Documentation - Topic 14

Recent updates to this product:
01/02/18 Update
National Defense Authorization Act for Fiscal Year 2018
05/02/16 Update
Foreclosure Relief and Extension of Servicemembers Act of 2015

This policy template (approximately 12 pages) is available to purchase from in Microsoft® Word format for $150.00.

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