Sec. 803. Prohibition on denial of credit because of eligibility for protection
134 words·~1 min read·
/bill/113/s/1982/rts/section-803A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 108 of the Servicemembers Civil Relief Act ( 50 U.S.C. App. 518 ) is amended— by striking Application by and inserting the following: Application by ; and by adding at the end the following new subsection: In addition to the protections under subsection (a), an individual who is entitled to any right or protection provided under this Act may not be denied or refused credit or be subject to any other action described under paragraphs
(1)through
(6)of subsection
(a)solely by reason of such entitlement. Nothing in this subsection shall be construed to prohibit a lender from considering all relevant factors, other than the entitlement of an individual to a right or protection provided under this Act, in making a determination as to whether it is appropriate to extend credit. .