legal · go-v.org

Active military duty.

CFR · 2024-01-01 · US · Title 7

The Soldiers and Sailors Relief Act requires that the interest rate charged a borrower who enters full-time active military duty after a loan is closed not exceed six percent. Active military duty does not include participation in a military reserve or the National Guard unless the borrower is called to active duty. (a) (b)

official document · source cfr-2024 · id 7:§ 3550.158