Little bit of context
•I am a Louisiana resident, and I’m shipping in January.
•I have no credit history.
•I bank through Navy Federal.
Louisiana RS 29:312 is a state benefit that is very similar to the federal SCRA. It has only one difference; it gives lower interest rates for loans acquired both before and AFTER your Active Duty Service/Start Date. I’m curious to see if anyone knows if federal lenders and lenders from other states respect this protection, or will I have to finance through a Louisiana-based lender/dealer. I’m sorry if this is a stupid question, I’m young and scared 😂.
Car Financing Question
byu/Upper_Phone6947 inMilitaryFinance
Posted by Upper_Phone6947