Preparing to Comply with Regulatory Changes to the Military Lending Act |
Event Date: 06/29/2016 02:00 PM Eastern Daylight Time |
Discussion of recent amendments to the Military Lending Act regulation to ensure compliance with changes going into effect in October, 2016.
Topics include:
• Transactions the rule covers (including credit card accounts);
• Who receives the rule’s protections;
• How to determine who is a “covered borrower”; and
• Applicability to payday alternative loans, or PALs, under NCUA’s regulation.
Moderator:
Jamie Goodson, Director, Division of Consumer Compliance Policy and Outreach.
Presenters:
Gail Laster, Director, Office of Consumer Protection.
Joe Goldberg, Program Officer, Division of Consumer Compliance Policy and Outreach.
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