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Do MILES loans qualify for an interest rate reduction under the Service Members Civil Relief Act?

April 26, 2017ACT Civil Interest rate Loans members miles qualify reduction relief service

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Do MILES loans qualify for an interest rate reduction under the Service Members Civil Relief Act?

1 Answer

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The Service Members Civil Relief Act only applies to loans or debts incurred prior to your active duty service. All MILES customers must be on active duty to qualify for the program; therefore, this act does not apply to those who purchase a vehicle through the MILES Program.