KEVIN L. HERNANDEZ - PROTECTING NEVADA'S CONSUMERS - (702) 563-4450
  • Home
  • About
  • Contact
  • Blog

CONSUMER LAW BLOG

Military Lending Improvement Act of 2018 Introduced in the US Senate

8/13/2018

2 Comments

 

On August 1, 2018, Senator Bill Nelson (D – FL) introduced “The Military Lending Improvement Act of 2018” to add protections to the Military Lending Act (MLA) and the Fair Debt Collection Practices Act (FDCPA). The bill proposed, among other changes, prohibiting debt collectors from threatening prosecution under the Uniform Code of Military Justice and would prevent collectors from harassing service members by contacting their commanding officers about a debt.
 
Regarding amendments to the MLA, the bill proposes lowering the maximum interest rate on covered transactions for service members from 36% to 24%, extending coverage of the MLA to veterans up to one year after discharge from the military, and expanding its coverage to include vehicles and other personal property.
 
These amendments offer strong protections for military service members and their families, who are often hardest hit by collection abuse. If you are a service member facing illegal collections, you should contact a consumer debt collection attorney to protect your rights under the law. These services are performed for no out-of-pocket expense because the debt collectors must pay your fees, costs, and damages if you have a successful claim.
 
Source: https://www.natlawreview.com/article/military-lending-improvement-act-2018-introduced-us-senate

2 Comments
Ric Clayton
9/16/2021 11:40:18 pm

I really want to thank Dr Emu for saving my marriage. My wife really treated me badly and left home for almost 3 month this got me sick and confused. Then I told my friend about how my wife has changed towards me. Then she told me to contact Dr Emu that he will help me bring back my wife and change her back to a good woman. I never believed in all this but I gave it a try. Dr Emu casted a spell of return of love on her, and my wife came back home for forgiveness and today we are happy again. If you are going through any relationship stress or you want back your Ex or Divorce husband you can contact his whatsapp +2347012841542 or email emutemple@gmail.com website: Https://emutemple.wordpress.com/ Https://web.facebook.com/Emu-Temple-104891335203341

Reply
Sunnyvale Cabinets link
9/27/2022 10:18:06 pm

Nice blog yoou have

Reply



Leave a Reply.

    Archives

    March 2023
    August 2022
    June 2022
    March 2022
    February 2022
    January 2022
    December 2021
    June 2021
    February 2021
    January 2021
    December 2020
    March 2020
    February 2020
    January 2020
    October 2019
    July 2019
    June 2019
    April 2019
    February 2019
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    October 2017
    September 2017
    August 2017
    July 2017
    June 2017
    May 2017
    April 2017
    March 2017
    February 2017
    January 2016
    December 2015

    Categories

    All

    RSS Feed

Law Office of Kevin L. Hernandez
8920 W. Tropicana Avenue, Suite 101
​Las Vegas, Nevada 89147
P: (702) 563-4450
F: (702) 552-0408
​E: kevin@kevinhernandezlaw.com

Avvo - Rate your Lawyer. Get Free Legal Advice.
  • Home
  • About
  • Contact
  • Blog