US HB3159

Amends military financial literacy training (10 U.S.C. 992) to require education on consumer financial protections under the Servicemembers Civil Relief Act, including the 6% interest rate cap on pre-service debts

Requires notification of SCRA benefits to servicemembers when first entering military service, when joining a reserve component, and when reserve members are mobilized for more than 30 days

Expands creditor obligations so that once a servicemember provides SCRA notice for one debt, the creditor must apply the interest rate cap to all other obligations the servicemember has with that creditor

Mandates that creditors provide online, mail, and fax options for servicemembers to submit SCRA documentation, at the servicemember's choice