Servicemembers Interest Rate Relief Act of 2005

Summary

Servicemembers Interest Rate Relief Act of 2005 - Amends the Servicemembers' Civil Relief Act to revise the six percent maximum annual interest rate to be charged on debts incurred by a servicemember, and his or her spouse jointly, before the servicemember enters into military service and continuing for the duration of such military service, to the lesser of: (1) six percent per year; or (2) the annual rate of interest that would otherwise apply, reduced by one percentage point (but not below zero).

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Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 9 June 2005

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• Introduced in House (PDF)

  Introduced in House · EN · 9 June 2005

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• Introduced in House

  summary · EN · 9 June 2005

  Open at official source

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