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S. 1619

A bill to amend the Servicemembers Civil Relief Act to extend the interest rate limitation on debt entered into during military service to debt incurred during military service to consolidate or refinance student loans incurred before military service.

This bill amends the Servicemembers Civil Relief Act to extend the 6% interest rate limitation on debt entered into during a servicemember's military service to any debt entered into to consolidate or refinance one or more student loans incurred before such service.

Read twice and referred to the Committee on Veterans' Affairs. (text of measure as introduced: CR S4137-4138)

Sen. Durbin, Richard J. [D-IL](D-IL)Sponsor
4 cosponsors4 D
4cosponsors1committees2actions4subjects
  1. IntroReferral

    Read twice and referred to the Committee on Veterans' Affairs. (text of measure as introduced: CR S4137-4138)

    Veterans' Affairs Committee
  2. IntroReferral10000

    Introduced in Senate

A bill to amend the Servicemembers Civil Relief Act to extend the interest rate limitation… — Informed