NMFA Teams Up with 26 Organizations to Protect Military Lending Act

By: Shannon Prentice, Content Development Manager

For decades, predatory lenders have targeted service members with 300% interest rates and other unreasonable and unfair practices. In an effort to rally around our brave men and women in uniform, Congress implemented the Military Lending Act — which protects service members and their families from financial devastation.

The Military Lending Act ensured lenders were compliant through periodic checks on their practices, successfully keeping lenders honest and service members protected.

But Mick Mulvaney, Acting Director of the Consumer Financial Protection Bureau (CFPB) doesn’t think service members deserve that protection. He has proposed ending that proactive oversight—leaving military families vulnerable to sky-high interest rates, early payment penalties, and more.

Military families’ tremendous sacrifices keep America protected. Shouldn’t the CFPB protect them, too?

This week, NMFA joins 26 other veteran and military support organizations urging Defense Secretary General Mattis and Mick Mulvaney to preserve the Military Lending Act.

Find out what we’re telling our nation’s leaders, and join us in the fight by adding your name at KeepMilitaryProtections.org

Posted September 6, 2018


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Eastern 4-H Center is owned and operated by NC State University. The Center's staff is dedicated to providing every camper an opportunity to feel accepted, valued, and cared about as a member of the summer camp community. Creating friendships and a sense of safety are as important to us as the activities we teach. Our vision is to establish an enjoyable and exciting summer camp program that contributes to the development of each camper's character, along with the development of important life skills. Our summer camp experience enables campers to learn these skills while doing a variety of traditional summer camp activities, such as kayaking, canoeing, rock climbing, learning about nature, team challenge course, sports and games, arts and crafts, and archery. Eastern 4-H Center is also outfitted with modern recreational facilities and lodgings to make campers feel comfortable during their stay. We hope your camper will join us for a fun filled week.

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