The CFPB recently filed an amicus brief to ensure military families are able to sue creditors that violate the Military Lending Act.
Companies located outside military bases sometimes target servicemembers with costly loans and expensive contracts. They also capitalize on the military’s unique payment system.
This week we partnered with other agencies to ensure that American servicemembers enjoy the full protections of federal law.
July is Military Consumer Month, and we are partnering with the FTC and DoD on events throughout the month to spotlight key financial issues for the military community.