California Legislation Strengthens Consumer Protections for Servicemembers
Troutman Sanders
OCTOBER 18, 2022
The Act takes direct aim at, among other things, the Military Lending Act’s (MLA) exceptions for loans obtained to purchase motor vehicles and other forms of personal property. Whether auto loan lenders may finance GAP waivers, GPS tracking systems, or other products that consumer advocates argue are credit-related is an open question.
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