Credit Union National Association
DODRulemakingDOD-2006-OS-0216

Limitations on Terms of Consumer Credit Extended to Service Members and Dependents

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Last modified
Jun 24, 2014
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closed 6728d ago
Credit Union National Association filings
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Activity

Credit Union National Association filed 1 comment on this docket between Feb 7, 2007 and Feb 7, 2007. 76 other organizations filed here. The comment window closed 6728d ago.

What Credit Union National Association filed (1)

Feb 7, 2007· Credit Union National Association Comment on DoD-2006-OS-0216· DOD-2006-OS-0216-0051

Filed on regulations.gov — full text not in the inline record.

Abstract

The Department of Defense (the Department or DoD) proposes to amend our regulations by adding a new part to implement the consumer protections covered by Public Law 109-364, the John Warner National Defense Authorization Act for Fiscal Year 2007, section 670, ``Limitations on Terms of Consumer Credit Extended to Service Members and Dependents'' (October 17, 2006). Section 670 of Public Law 109-364 created 10 U.S.C. 987 and requires the Secretary of Defense to prescribe regulations to carry out the new section. The proposed regulation is intended to regulate the terms of consumer credit extended by creditors to active duty service members and their dependents.

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