We work to protect the military community from consumer fraud, including protecting the legal rights of servicemembers and military families under the Military Lending Act and the Servicemembers Civil Relief Act to lower interest rates on loans, and protecting the military community from payday loans.
OUR WORK
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 - In the wake of threats to the Military Lending Act, Veterans Education Success (VES), [...]
CFPB and DoD: Protect Servicemembers’ Rights
38 veterans and military service organizations call on the US Consumer Financial Protection Bureau and US Defense Department to stop the rollback of servicemembers' rights under the Military Lending Act Resubmitted Sept. 5 with additional signatures FULL PAGE NEWSPAPER AD nationwide Petition [...]
Protection for the Office of Servicemember Affairs
Our public comment urging the US Consumer Financial Protection Bureau to maintain robust consumer financial education and to protect the Office of Servicemember Affairs
Letter to CFPB Regarding Consumer Complaints
Veterans and Military leaders urge the US Consumer Financial Protection Bureau to maintain robust public reporting and database of consumer complaints
Monitoring Student Loan Servicers
Letter from VES to U.S. Consumer Financial Protection Bureau re: monitoring of student loan servicers
Representatives from Veterans Education Success, Veterans of Foreign Wars, Iraq and Afghanistan Veterans of America, the American Legion, Military Officer Association of America, and the National Military Family Association announced their support for increasing protections for service members and their loved ones from predatory lenders through the Consumer Financial Protection Bureau during a joint press conference in May 2019.
MILITARY LENDING ACT UNDER ATTACK
When the US Consumer Financial Protection Bureau (CFPB) curtailed enforcement of the Military Lending Act by telling its bank examiners to stop checking for violations of the Act, veterans and military groups responded: (see National Public Radio: White House Takes Aim at Financial Protections for Military and New York Times: Mulvaney Looks to Weaken Oversight of Military Lending). Veterans and military groups responded:
- Nearly 40 veterans and military service organizations call on the CFPB and US Defense Department to stop the rollback of servicemembers’ rights under the Military Lending Act (Aug. 23, 2018) (here) Resubmitted Sept. 5 with additional signatures (here)
- FULL PAGE NEWSPAPER AD nationwide (here)
- Sign the Citizens petition: KeepMilitaryProtections.Org
- Same letter borrowed submitted by a smaller, additional coalition (here)
- US Senators also write to US Defense Department (here)
- US Defense Department response (here)
- American Legion’s Louisiana Commander confronts CFPB’s Mulvaney at a Louisiana Town Hall (here)
- Bipartisan group of 33 state Attorneys General wrote CFPB urging it to enforce the Military Lending Act and protect servicemembers (here)
PROTECTING STUDENTS FROM FORCED ARBITRATION
We defended the rule to protect students from forced arbitration when their rights are violated: