Protection #1: Reducing the interest rate on any pre-service loans to a maximum of 6 percent Termination of residential housing and automobile leases without penalty.Protections against repossession of their property.Protections against foreclosure on their home.Protections against default judgments in civil cases.Reducing the interest rate on any pre-service loans to a maximum of 6 percent.Department of Justice, these are five protections that servicemembers often ask about: Some SCRA protections also apply to dependents. SCRA rights may be exercised by anyone holding a valid power of attorney for the servicemember. Active duty commissioned officers of the Public Health Service or the National Oceanic and Atmospheric Administration.Members of the National Guard component mobilized under federal orders for more than 30 consecutive days or.Members of the Reserve component when serving on active duty.Active duty members of the Army, Marine Corps, Navy, Air Force, and Coast Guard.The SCRA applies to the following servicemembers: These protections enable servicemembers to devote their entire energy to the defense needs of the Nation. The SCRA is a law created to provide extra protections for servicemembers in the event that legal or financial transactions adversely affect their rights during military or uniformed service.
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