SCRA Rights Protection Act of 2014 - Amends the Servicemembers Civil Relief Act to allow the use of arbitration to resolve a controversy that arises under a contract with a servicemember (or with a servicemember and spouse jointly) that provides for arbitration, only if all parties to the controversy consent in writing to arbitration after the controversy arises.

Allows a servicemember's waiver of any of such Act's rights and protections to be effective only if it is made after a specific dispute has arisen and the dispute is identified in the waiver.

Allows a representative of members of an aggrieved class, or a member of such class, to bring a private civil action for a violation of any rights or protections under such Act.