July 21, 2015 - Industry News
Today, the Defense Department issued a final rule that expands the types of credit products covered by the 36% rate cap and other military-specific protections under the Military Lending Act.
Tags: CFPB, Consumer Financial Protection Bureau, Department of Defense, military, military loans
December 30, 2014 - Industry News
A report released Monday by the regulator highlights how loopholes in the current Military Lending Act rules are racking up the costs of loans for servicemembers.
Tags: CFPB, Consumer Financial Protection Bureau, military, military loans
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