Military Lending Act

The Military Lending Act’s (MLA) mandatory effective date was on October 3, 2016. The Military Lending Act Regulation restricts the terms on certain consumer loans made to military personnel, their spouses, and dependents. ABA's resource page offers a compliance checklist, highlights, and staff analyses, among other resources to help bankers comply with the rule.

 

 Newsbytes

 
 

 Summary and Analysis

 

Resources

Advocacy

 

 

 ABA Staff Contacts

 
  • Nessa Feddis, SVP & Deputy Chief Counsel, Regulatory Compliance
  • Rob Rowe, VP & Associate Chief Counsel, Regulatory Compliance
 

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