The Department of Defense consented with Congress and it has done its component by issuing laws in 2007 to implement what the law states. Then, DoD strengthened and expanded those laws in 2015 to shut loopholes employed by unscrupulous loan providers to circumvent intent that is congressional. We served as solicitors at the office DoD tasked with applying the Military Lending Act, and spent several years fighting to protect and enhance these critical protections for the families that are military.
The MLA has made an improvement for army families. Continue reading All Americans deserve the exact same defense against predatory loans that service people have actually