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Understanding the Military Lending Act #8047

Federal lending laws have been amended to restrict the terms that can be offered to a U.S. service member in a consumer credit transaction. All creditors are subject to the Act and it applies to both active U.S. service members and their dependents. The Military Lending Act (MLA) provides...

• /assets/searchpoint/8047extendingcredittoservicemembers.pdf

Keywords/tags: Compliance  Creditors    SearchPoint