Military Lending Act (MLA)

FAST FACTS   A creditor may not impose on a borrower a “military annual percentage rate (MAPR)” that’s greater than 36 percent. The MAPR is defined differently than the APR we are familiar with. The MAPR “includes all cost elements associated with the extension of...

Service Agreement (Motor Vehicle) Seller

NOTICE:  The information below was obtained directly from Florida Statutes and the Office of Insurance Regulation (OIR). Links are provided so you may access the statute and OIR website. FAST FACTS RV Dealers who wish to sell motor vehicle service agreements to their...

Adverse Action and Risk Based Pricing

NOTICE:  The information below was obtained directly from the Federal Trade Commission’s (FTC) website. Links are provided so you may access the content on the FTC website. FAST FACTS    If you use consumer reports (sometimes called “credit reports”) to make...