SCRA Monitoring

Automated SCRA Compliance and Monitoring for Financial Institutions

Rely on automated SCRA monitoring to ensure compliance for loans and debt collection. Minimize cost and regulatory burden.

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Servicemembers Civil Relief Act (SCRA)

Why is SCRA compliance important?

The Servicemembers Civil Relief Act (SCRA) is intended to ease the financial burdens of active duty military personnel during their service.

SCRA provides temporary protections related to loans for active duty service members. To comply with SCRA and avoid federal fines, financial institutions, telecommunication companies, and debt collection agencies need to identify SCRA-protected individuals when servicing accounts for military personnel.

ID.me offers three SCRA monitoring solutions:

Single Record Verification

Single Record Verification

Integrate automatic SCRA status verification as part of customer onboarding or customer support interactions with a CRM API integration.

Bulk Verification

Bulk Verification

Submit customer information in bulk and receive confirmation if your customers are SCRA protected or at-risk of soon becoming SCRA protected.

Ongoing Monitoring

Ongoing Monitoring

Automatically update customer records as soon as SCRA protected status changes using a real-time monitoring API integration.

Learn how ID.me can help your organization be SCRA compliant
Why Financial Institutions Choose ID.me

Risk Mitigation

Reduce regulatory exposure and avoid fines for your organization by applying SCRA protections in a consistent, reliable fashion.

Secure

ID.me uses bank-grade security infrastructure and federally-compliant information protection practices to safeguard customer data.

Automation

ID.me’s SCRA monitoring API automates the verification process end-to-end, minimizing risk of administrative error and cost of manual processes.

Data Coverage & System Reliability

ID.me leverages multiple proprietary data sources to cover Reservists and National Guards, and to ensure resilience when the primary source database is not available.