Literally all of my interests rates are well over 6% and it’s putting me in financial ruin. I stumbled upon information about LA SCRA being applied and lowering my interest rates and reimbursing me from when I initially opened my account. I’ve sifted through SO much information and many success stories of members who got their Active Duty interest that accrued reimbursed and lowered. I’m really eager to start the process but hit information overload and I am CONFUSED as to where to start. Help! Success stories? WHERE DO I BEGIN. What documents do I provide?
Posted by AmbiguousSparkle
3 Comments
Were these debts before you entered the military?
You just submit your orders saying you’re in Louisiana and are requesting Louisiana state SCRA. Navy fed gives you 4%.
I just did this with Ohio and USAA. Sent them a copy on my LES that had my Ohio address and they lowered to 4% and refunded my on what I’ve paid in interest for 5 years