Who do I contact if I want to comment about the Military Lending Act?

You may contact your state’s government officials or the government agency that regulates consumer lending in your state. Contact information for government officials and agencies can be found at: www.usa.gov/elected-officials. Additional information can be found at the Department of Defense website at: www.defense.gov. Learn more www.defense.gov

How will you determine whether I am a “covered borrower?”

Moneytree may receive information about your military “covered borrower” status from a third party credit reporting agency or from the Department of Defense. If you are listed as a “covered borrower” but you believe you are not a “covered borrower,” you must contact the credit reporting agency or Department of Defense to correct your status.Continue reading “How will you determine whether I am a “covered borrower?””

The Military Lending Act applies to “covered borrowers.” Who are “covered borrowers?”

This law defines a “covered borrower” as a person with the following status at the time he or she enters into a loan agreement: A regular or reserve member of the Army, Navy, Marine Corps, Air Force, or Coast Guard serving on active duty under a call or order that does not specify a periodContinue reading “The Military Lending Act applies to “covered borrowers.” Who are “covered borrowers?””

Choose your state: