Military Lending Act (MLA)

$95.00

  • Total

SKU: 10250 Category: Tag:

Description

Describes key provisions of the Military Lending Act including who is covered, the types of consumer credit covered, the act’s protections including a cap on the cost of covered credit, and the main distinctions from the Servicemembers Civil Relief Act.

What You’ll Learn

After completing this course, students will be able to:

  • Describe the types of consumer credit the MLA regulation covers
  • Explain who is covered and the terms prohibited in covered loans
  • Describe the disclosures that covered borrowers must receive
  • Explain the major differences between the MLA and the Servicemembers Civil Relief Act (SCRA)

Additional information

Audience

Any staff that takes consumer loan applications and consumer lending staff including underwriters.

Credits

1.0 CRCM

Member Price

55.00

Non-Member Price

75.00

Course Number

ABA

Location

Online Self-Paced

Vendor

ABA

Course Code

ABA

Prerequisites

None

Day

Online

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