15-EF-11 - DoD: Military Lending Act

The Department of Defense (DoD) has amended its regulation implementing the Military Lending Act (MLA). Most notably, the MLA established a maximum Military Annual Percentage Rate (MAPR) of 36 percent for the extension of consumer credit to a covered borrower and his or her dependents. 

Already a member? Log in

NAFCU Members Get More

This page contains member-only content.

Membership is open to all federally insured credit unions in the United States, both federally and state-chartered. Members enjoy:

  • Hundreds of articles and resources
  • Personalized compliance assistance
  • Discounts on top-rated education opportunities
  • Member-only benefits and savings

Interested? Schedule a Customized Membership Webinar

If you are already logged in and believe you should have access to member-only content, please contact us for assistance at digital@nafcu.org.