The Hill: Protect the Military Lending Act
Standing with the troops requires more than lip service. It also requires action. When the Pentagon found that predatory payday loan shops and unethical car dealers were trolling military bases and aggressively targeting the troops [...]
The Hill: “Protect the Military Lending Act” by LtGen Dana T. Atkins and Joyce Wessel Raezer
Our president Carrie Wofford wrote this op-ed for the heads of the Military Officers Association of America and the National Military Family Association. Standing with the troops requires more than lip service. It also requires [...]
Press Release: Our Full-Page Ad for the Military Lending Act
FOR IMMEDIATE RELEASE, SEPTEMBER 6, 2018 CONTACT: Dom Slowey, 781-710-0014 [email protected] Mike Saunders: 202-838-5050 [email protected] Veterans & Military Service Organizations Urge CFPB & DOD Not To Rollback Servicemembers' Protections Under the Military Lending Act WASHINGTON [...]
Military Times: Advocates launch $250K ad campaign to support protections for troops against predatory lenders
Nearly 40 military and veteran service organizations have launched a $250,000 advertising campaign urging the Defense Department and the Consumer Financial Protection Bureau to continue strong enforcement of a law that protects service members and [...]
Military.com: Vets Groups Urge Mattis to Keep Pressure on Payday Lenders
Nearly 40 veterans and military family organizations have joined in a letter to Defense Secretary Jim Mattis and White House Office of Management and Budget Director Mick Mulvaney urging them to keep in place oversight [...]
Politico: Military Groups Speak Out
Starting today, Veterans Education Success has taken out ads in news outlets across the country, including near military bases, featuring a letter from 38 military and veteran service organizations calling on the Consumer Financial Protection [...]
DIIHE: Possible Enforcement Changes to Military Lending Act Spark Outcry
Two letters containing 38 signatures of veteran and military organization service members are expressing concern about the enforcement of the federal Military Lending Act (MLA) have been sent to U.S. Secretary of Defense James Mattis [...]
Stripes: Mulvaney is Urged Not to Weaken Consumer Protections
Almost 30 military associations and veterans groups on Thursday sent a joint letter to Mick Mulvaney, acting director of the Consumer Financial Protection Bureau, urging that he not weaken CFPB enforcement of the 2006 Military [...]
Military Times: Advocates to Mattis: Don’t waver in protecting troops against predatory lenders
Leaders from organizations representing millions of current and former service members and their families are urging continued strong enforcement of the Military Lending Act, in letters sent Thursday to Secretary of Defense Jim Mattis and [...]
NYT: Mulvaney Looks to Weaken Oversight of Military Lending
The Trump administration is planning to suspend routine examinations of lenders for violations of the Military Lending Act, which was devised to protect military service members and their families from financial fraud, predatory loans and [...]
Military Times: Military Advocates Want Details on Agencies’ Efforts to Stop Predatory Lenders
A consumer group and five military advocacy organizations have asked for information from six federal agencies about their enforcement efforts to protect service members and their families from predatory lenders. The organizations have asked for complaints the [...]
PJ Media: Veterans Groups Fear CFPB Gutting Will Harm Service Members
WASHINGTON -- Consumer advocates were furious Thursday after the House Financial Services Committee advanced legislation that would effectively dismantle an agency responsible for policing deceptive financial practices in the aftermath of the 2008 financial collapse.