군인들을위한 Military Lending Act -업데이트

업데이트입니다. secure message에 이렇게 왔네요.

저는 사리를 신청하고싶은데 사프어카운트 history가 6년정도되서 취소하기가 아깝네요ㅜㅜ 그냥 업그레이드 할려고하니 사인업보너스가 아쉽구요... 좀 더 기다려봐야겠어요

Hello ******:

I hope you are having a great day. I have received your
email, and will be happy to assist you.

All fees will be suppressed, excluding late fees and
return check fees.

We appreciate your business. If you have questions, please
email us or call us at the telephone number below.

Best regards,

안녕하세요. 저는 군인이라 군인들이 받을 수 있는 혜택을 많이 찾아보고 있습니다.

Military Lending Act라는게 새로 나왔는데 많은분들이 잘 모르시고 저 또한 확실하게 뭐인지 모르겠네요...

체이스 크레딧카드 만들때 Pricing & Terms 색션에 MLA가 나와있습니다.

MILITARY LENDING ACT NOTICE: Federal law provides important protections to members of the Armed Forces and their dependents relating to extensions of consumer credit. In general, the cost of consumer credit to a member of the Armed Forces and his or her dependent may not exceed an annual percentage rate of 36 percent. This rate must include, as applicable to the credit transaction or account: the costs associated with credit insurance premiums; fees for ancillary products sold in connection with the credit transaction; any application fee charged (other than certain application fees for specified credit transactions or accounts); and any participation fee charged (other than certain participation fees for a credit card account). To receive this information and a description of your payment obligation verbally, please call 1-800-235-9978.

이렇게 나와있어서 정확하게 annual fee도 waive해주는건가 확실하지 않아서 SM을 해보았습니다.

Hello. I just heard about military lending act. What is the different with SCRA? Thank you.

이렇게 물어봤더니

Hello ********:

Thank you for contacting us. We appreciate the opportunity to provide you with additional information.

We are dedicated to supporting our Military members and appreciate your inquiry. The Military Lending Act (MLA)
provides protections to Servicemembers and their dependents at the time they originate their credit card or
auto refinance loan with Chase. MLA benefits include limiting interest to 36% and waiving qualifying fees.

The requirements to qualify for MLA are as follows:

- Account must have originated on or after September 20, 2017, for credit cards accounts.
- Account must have originated on or after October 3, 2016, for auto customers.
- The customer must be identified in their credit report as a "covered borrower" which includes the following:
- Active duty members of the U.S. Armed Forces serving on active duty pursuant to Title 10 for a period of more than 30 days
- Members of reserve components of the U.S. Armed Forces serving on active duty pursuant to Title 10 for a period of more than 30 days
- National Guard personnel if they are called to qualifying active duty for a period of more than 30 consecutive days
- Members serving on Active Guard and Reserve (AGR) duty for a period of at least 180 consecutive days
- Dependents of eligible Servicemembers, including spouses, un-remarried widows, children, dependent parents, and other financial dependents.

The Servicemembers Civil Relief Act (SCRA), similar state laws, and/or Chase policies provide benefits to eligible Servicemembers that include:

- Protection from foreclosure proceedings
- Protection from eviction
- Protection from repossession
- An interest rate not to exceed 6%
- No fees will be charged during your interest rate benefit period

이렇게 답장이 왔습니다. waiving qualifying fee라는게 연회비까지 면제해주는것인지는 확실히 모르겠습니다....

그래서 qualifying fee가 정확히 뭔지 물어봤습니다. 답장을 기다리는중입니다.

일단 그냥 이렇게 정보를 던져놓을테니.... 관심있으신 분들은 한번 찾아보세요.

그리고 알고계신분들이 계신다면 같이 share해보아요.