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Congressional Update – SCRA Enhancement and Improvement Act of 2016

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The bill below was recently introduced on Capitol Hill and it involves student loans. If you would like to learn more about the bill, please click the link below.

SCRA Enhancement and Improvement Act of 2016

S. 2719 — Introduced

…to a student loan, means a person who– “(A) during a period in which repayment of the student loan is required– “(i) receives scheduled periodic payments from the borrower or notification of such payments; and “(ii) applies payments to the borrower’s account pursuant to the terms of the student loan or of the contract governing the servicing of the student loan; “(B) during a period when not payment is required on the student loan— “(i) maintains account records regarding the student loan; and…

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