|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.
• 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.
Jamie Goodson, Director, Division of Consumer Compliance Policy and Outreach.
Gail Laster, Director, Office of Consumer Protection.
Joe Goldberg, Program Officer, Division of Consumer Compliance Policy and Outreach.