Business, 24.04.2020 08:46 torrejes241

) Which protections exist under the Servicemembers Civil Relief Act? Check all that apply.
No prepayment penalty for loans
36% interest cap on loans
No mandatory allotments for loans
Protection against default, evictions, foreclosures, and repossessions
Terminate residential and automobile leases due to PCS
Written and oral disclosure of terms
Reduce interest to 6% on certain loans and lines of credit obtained prior to entering active duty

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Answer from: alejosy50

The protections that are provided beneath Servicemembers Civil Relief Act(SCRA) would be:

d). Protection against default, evictions, foreclosures, and repossessions.

e). Terminate residential and automobile leases due to PCS.

g) Reduce interest to 6% on certain loans and lines of credit obtained prior to entering active duty.

The "Servicemembers Civil Relief Act" are characterized as the protection and safety that the United States government offers to the military members.The interest cap that has been provided to the servicemembers of the military would be 6%. They have also been granted with the elimination of rents or contracts that are levied on them because of a change of stations permanently. Foreclosures and reclaim of possessions of vehicles and other things are also provided.

Thus, options d, e, and g are the correct answers.

Learn more about 'Civil Relief Act' here:

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Answer from: georgehall9795

1. Protection against default, evictions, foreclosures, and repossessions

2. Terminate residential and automobile leases due to PCS

Written and oral disclosure of terms

3. Reduce interest to 6% on certain loans and lines of credit obtained prior to entering active duty

Explanation:

The Servicemembers Civil Relief Act (SCRA) provides financial and legal protections for active-duty service members, as well as National Guard and reserve members, and their families. This protections are:

creditors reduction of interest rate on debts to 6% for liabilities obtained prior to entering active dutyProtection against default, evictions, foreclosures, and repossessions, preservice mortgage debt is valid if made during or within nine months after your service on active duty, unless carrying out a valid court orderDeferment of income tax before or during military service.Protection against evictionProtection against default judgments Postponement of court proceedings if on dutyTermination of automobile, residential lease and phone service by delivering a written notice of termination. Voting rightsLife insurance coverage

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explanation:

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these are the four factors that influence enterpreneurship development

1. economic development

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