An application by a service member in military service for, or receipt of, a stay, postponement, or suspension under the provisions of this subchapter in the payment of any fine, penalty, insurance premium, or other civil obligation or liability shall not be used as the basis for any of the following:
 1. A determination by any lender or other person that the service member is unable to pay any civil obligation or liability in accordance with its terms.

Terms Used In Iowa Code 29A.95

  • following: when used by way of reference to a chapter or other part of a statute mean the next preceding or next following chapter or other part. See Iowa Code 4.1
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • person: means individual, corporation, limited liability company, government or governmental subdivision or agency, business trust, estate, trust, partnership or association, or any other legal entity. See Iowa Code 4.1
 2. With respect to a credit transaction between a creditor and a service member:

 a. A denial or revocation of credit by the creditor.
 b. A change by the creditor in the terms of an existing credit arrangement.
 c. A refusal by the creditor to grant credit to the service member in substantially the amount or on substantially the terms requested.
 d. An adverse report relating to the creditworthiness of the service member by or to any person or entity engaged in the practice of assembling or evaluating consumer credit information.
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