SCRA Contribution Fund Remediation

As a result of an independent regulatory review pertaining to loan account servicing activities occurring between March 31, 2008 and March 31, 2014 (the “Eligible Review Period”), you were sent this payment. The review was performed to determine eligibility for financial compensation during the Eligible Review Period pursuant to the Servicemembers Civil Relief Act (“SCRA”) sections 3931, 3936, 3937, 3952 and 3953. The referenced loan account was/is secured by the collateral listed in your letter.

This payment amount is final. There is no process to appeal the amount of this payment. By cashing or depositing the check, you are not waiving any legal rights as a condition for accepting payment.

The Servicemembers Civil Relief Act, or “SCRA,” is a federal law designed to ease financial burdens on servicemembers during periods of military service that provides a range of protections for servicemembers entering or called to active military duty based on certain eligibility requirements. SCRA provides protections related to evictions, installment contracts, credit card interest rates, automobile repossessions, mortgage interest rates, mortgage foreclosures as well as other certain protections.

To learn more about the SCRA, visit Military.com, an informative website with useful details related to SCRA protections, which can be accessed at www.military.com/benefits/military-legal-matters/scra/servicemembers-civil-relief-act-overview.html.