NorthLegal Webinar, Tuesday, November 20, 2018
What is your financial institution doing about your Military Lending Act auto lending problem?
Almost a year ago the federal Department of Defense issued an interpretive rule that said tens of thousands of auto financing loans previously thought to be exempt had to comply with the MLA. That ruling left financial institutions around the country (very possibly including yours) holding tens of thousands of direct and indirect loans that are–according to the DoD–now void.
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