Military Lending Act Disclosure

Important information regarding the Military Annual Percentage Rate

Military Lending Act Disclosure

Important information regarding the Military Annual Percentage Rate

The following notices only applies to you if you are a member of the armed forces who is serving on active duty under Titles 10, 14, or 32 of the U.S. Code, for a period of at least 31 days, active guard and reserve duty as defined in Title 10, or the dependents of these individuals.

Federal law provides important protections to members of the Armed Forces and their dependents relating to extensions of consumer credit. In general, the cost of consumer credit to a member of the Armed Forces and his or her dependent may not exceed an annual percentage rate of 36%. This rate must include, as applicable to the credit transaction or account: the costs associated with credit insurance premiums; fees for ancillary products sold in connection with the credit transaction; any application fee charged (other than certain application fees for specified credit transactions or accounts); and any participation fee charged (other than certain participation fees for a credit card account).

For additional information about the Military Annual Percentage Rate, and to receive the statement above and description of your payment obligation (if approved for the loan) orally, please feel free to contact us at (888) 659-9485. Please let our customer service representative know that you are currently a service member.