Military Financial Benefits | Servicemember Civil Relief Act

The Servicemembers Civil Relief Act (SCRA) gives military members financial legal protections that are not available to the general public. The SCRA covers all active duty service members, reservists and the members of the National Guard while on active duty. In this video, we're going to many of the benefits the SCRA provides and why everyone in boots needs to know about these things. 0:00 - Intro 1:20 - Eligibility 1:44 - Protection for Renters & Homeowners 1:54 - Protection for Car Loans 2:01 - Protection of your property in Storage Units 2:13 - Interest Rate Limit Provision / Capped Interest Rates 3:15 - Protection from Late Payment Reports 3:50 - Canceling Phone/Internet Services without Penalty 4:38 - Canceling Vehicle Leases without Penalty 5:16 - Breaking Rental Leases without Penalty 5:28 - THE CATCH (there's always one!) 5:49 - THE LOOPHOLE 6:50 - How You can Join the Military ____________________ We teach you what you need to know about your personal finances, using words you understand, without boring you to death... because adulting shouldn't suck. Rethink Financial Education Learn more at www.rethinkfinancialeducation.com Instagram: instagram.com/rethinkfinancialeducation Facebook: facebook.com/rethinkfinancialeducation #SCRA #militarybenefits #militarypay