Interest Rate While Deployed

[narcoteca]

I am planning on buying a Jeep very soon, but am deploying for a year in Feb 2021. If i send my orders in will I get my interest rate dropped while on deployment?

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[Alabama Mud Machine]

That's something you'd have to ask FCA financing, or whoever you plan on financing the JT through...

Watch for boot noodles and nope-ropes, and keep your sensitive items checked.

 

[takeitsleazy]

As said above, depends on your lender, but if you’re not aware, the SCRA could cover it, among other things (credit card interest rates, etc). Basically caps your interest rates while active duty, among plenty of other benefits.

https://www.military.com/benefits/m...servicemembers-civil-relief-act-overview.html

 

[Cleankat]

SCRA caps your rate at 6%.....so if you're under that already nothing will change.

Thanks for your service!

 

[narcoteca]

SCRA caps your rate at 6%.....so if you're under that already nothing will change.

Thanks for your service!

thank you for your reply.

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