S. 1619 · 115th Congress
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.
- Stage
- In committee
- Sponsor
- Richard Durbin
- Introduced
- 2017-07-24
- Latest action
- 2017-07-24 · Introduced in Senate
Summary
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.