R. Andrew Austria

R. Andrew Austria

McGuireWoods LLP

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A Veterans Day Catch Up on the CFPB’s Surrender of Military Lending Act Supervision

In light of Veterans Day, there are some recent notable developments regarding the Military Lending Act (MLA) worth discussing. Enacted in 2006, the MLA caps the annual interest rate for an extension of consumer credit to a...more

11/13/2018  /  Banking Sector , Consumer Financial Protection Bureau (CFPB) , Consumer Lenders , Financial Institutions , Military Lending Act , Military Service Members
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