Military Lending Act

No Company is Too Big to Play Fair.

For more information call (877) 344-4628 or contact our clerk online.

The Military Lending Act (“MLA”) is a federal law that provides protections in certain consumer financial transactions for active service members, their spouses, and certain dependents.

The MLA contains certain protections, including but not limited to:

  • Interest rate caps on certain consumer loans
  • No prepayment penalties
  • No mandatory arbitration

Consumer credit products generally covered under the MLA include payday loans, some installment loans, and certain student loans, for example. If you believe your rights have been violated, contact Nichols Kaster, PLLP.

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No Company is Too Big to Play Fair

When it comes to the unfair treatment of employees and consumers, our lawyers and legal professionals are prepared to fight for what is right.

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