{"abstract":"The Department of Defense (\"Department\") proposes to amend its regulation that implements the Military Lending Act, herein referred to as the \"MLA\". Among other protections for Service members, the MLA limits the amount of interest that a creditor may charge on \"consumer credit\" to a maximum annual percentage rate of 36 percent. The Department is proposing to amend its existing regulation primarily for the purpose of extending the protections of the MLA to a broader range of closed-end and open-end credit products, rather than the limited credit products currently defined as consumer credit. In addition, the Department is proposing to amend its existing regulation to amend the provisions governing a tool a creditor may use in assessing whether a consumer is a \"covered borrower,\" modify the disclosures that a creditor must provide to a covered borrower, implement the enforcement provisions of the MLA, as amended, and for other purposes.","action":"Proposed rule.","agencies":[{"raw_name":"DEPARTMENT OF DEFENSE","name":"Defense Department","id":103,"url":"https://www.federalregister.gov/agencies/defense-department","json_url":"https://www.federalregister.gov/api/v1/agencies/103","parent_id":null,"slug":"defense-department"},{"raw_name":"Office of the Secretary"}],"body_html_url":"https://www.federalregister.gov/documents/full_text/html/2014/09/29/2014-22900.html","cfr_references":[{"chapter":null,"citation_url":null,"part":232,"title":32}],"citation":"79 FR 58602","comment_url":null,"comments_close_on":"2014-11-28","correction_of":null,"corrections":[],"dates":"Comments must be submitted not later than November 28, 2014.","disposition_notes":null,"docket_ids":["DOD-2013-OS-0133"],"dockets":[],"document_number":"2014-22900","effective_on":null,"end_page":58641,"executive_order_notes":null,"executive_order_number":null,"full_text_xml_url":"https://www.federalregister.gov/documents/full_text/xml/2014/09/29/2014-22900.xml","html_url":"https://www.federalregister.gov/documents/2014/09/29/2014-22900/limitations-on-terms-of-consumer-credit-extended-to-service-members-and-dependents","images":{},"images_metadata":{},"json_url":"https://www.federalregister.gov/api/v1/documents/2014-22900?publication_date=2014-09-29","mods_url":"https://www.govinfo.gov/metadata/granule/FR-2014-09-29/2014-22900/mods.xml","not_received_for_publication":null,"page_length":40,"page_views":{"count":9085,"last_updated":"2026-09-22 06:15:08 -0400"},"pdf_url":"https://www.govinfo.gov/content/pkg/FR-2014-09-29/pdf/2014-22900.pdf","presidential_document_number":null,"proclamation_number":null,"public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2014-22900.pdf?1411735369","publication_date":"2014-09-29","raw_text_url":"https://www.federalregister.gov/documents/full_text/text/2014/09/29/2014-22900.txt","regulation_id_number_info":{"0790-AJ10":{"issue":"201504","html_url":"https://www.federalregister.gov/regulations/0790-AJ10/limitations-on-terms-of-consumer-credit-extended-to-service-members-and-dependents","title":"Limitations on Terms of Consumer Credit Extended to Service Members and Dependents","xml_url":"http://www.reginfo.gov/public/do/eAgendaViewRule?pubId=201504&RIN=0790-AJ10&operation=OPERATION_EXPORT_XML","priority_category":"Economically Significant"}},"regulation_id_numbers":["0790-AJ10"],"regulations_dot_gov_info":{"supporting_documents":[{"title":"NIADAL~1","document_id":"DOD-2013-OS-0133-0530"},{"title":"NADA-A~1","document_id":"DOD-2013-OS-0133-0529"},{"title":"GAPAPE~1","document_id":"DOD-2013-OS-0133-0528"},{"title":"FINAL_FE&T_Signed_2March","document_id":"DOD-2013-OS-0133-0527"},{"title":"CBADOD~1","document_id":"DOD-2013-OS-0133-0526"},{"title":"ABALTR~1","document_id":"DOD-2013-OS-0133-0525"},{"title":"131201~1","document_id":"DOD-2013-OS-0133-0524"},{"title":"MLA Coalition Ltr 03192018 Reponse signed 05152018","document_id":"DOD-2013-OS-0133-0522"},{"title":"MLA Coalition letter March 19 2018","document_id":"DOD-2013-OS-0133-0521"},{"title":"MLA  Coalition petition June 2017","document_id":"DOD-2013-OS-0133-0520"}],"comments_url":"https://www.regulations.gov/docketBrowser?rpp=50&so=DESC&sb=postedDate&po=0&dct=PS&D=DOD-2013-OS-0133","supporting_documents_count":11,"docket_id":"DOD-2013-OS-0133","regulation_id_number":null,"title":"Enhancement of Protections on Consumer Credit for Members of the Armed Forces and Their Dependents","checked_regulationsdotgov_at":"2014-11-29T05:00:55Z"},"regulations_dot_gov_url":null,"significant":true,"signing_date":null,"start_page":58602,"subtype":null,"title":"Limitations on Terms of Consumer Credit Extended to Service Members and Dependents","toc_doc":"Limitations on Terms of Consumer Credit Extended to Service Members and Dependents","toc_subject":null,"topics":["Loan programs","Reporting and recordkeeping requirements"],"type":"Proposed Rule","volume":79}