The Department of Defense (DOD) issued a final rule in July 2015 to greatly expand the scope of its regulation that implements the Military Lending Act, which mandates certain disclosures and places restrictions on contract terms for covered credit. Previously, the Military Lending Act applied only to three narrow types of credit: (1) payday loans with terms of 91 days or fewer and in amounts of $2,000 or less; (2) vehicle title loans with terms of 181 days or fewer; and (3) tax refund anticipation loans.
Join your peers at the NJCUL hosted basic training on compliance with the MLA.
The training will include;
NJ Credit Union League "live" and via Video Conferencing at Atlantic FCU and Members 1st of NJ FCU
299 Ward Street
Hightstown, NJ 08520
37 Market Street
Kenilworth, NJ 07033
Members 1st of NJ FCU
37 West Landis Avenue
Vineland, NJ 08360
Schedule: 10:00 am to 12:30 pm with lunch provided.
Cost: $25.00 per person with lunch provided.
Note: A 50% discount is available for CUs under 10 million in assets.
Thursday, December 8, 2016 10:00 AM - 12:30 PMEastern Time
NJCUL Refund/Cancellation Policy: No shows or cancellations received fewer than five business days prior to event will not be eligible for a refund. Cancellations must be in writing and will be accepted via: Email: firstname.lastname@example.org Fax: 609-448-3499
Substitutions are accepted any time prior to the event.
For Additional information, please contact Mary Zelinsky at email@example.com or call 800-792-8861 x100.
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