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Home / Opinion Digests / Military Lending Act doesn’t apply to auto finance deal (access required)

Military Lending Act doesn’t apply to auto finance deal (access required)

Where the Military Lending Act, or MLA, provides that it does not apply to auto finance transactions, a serviceman’s claim that a credit corporation violated the MLA in connection with his purchase of a vehicle was dismissed. Although the Department of Defense issued interpretations in 2016 and 2017 that would have applied the MLA to ...