A licensee who makes a loan under this chapter that constitutes consumer credit to a covered service member or his or her dependent shall not charge the covered service member or dependent an annual percentage rate with respect to the loan except as: 1. Agreed to under the terms of the loan agreement; 2. Authorized […]
1. Before making a loan under this chapter that constitutes consumer credit to a covered service member or a dependent of a covered service member, a licensee shall provide the following information to the covered service member or the dependent of a covered service member, as applicable, both orally and in writing: (a) A statement […]
A licensee shall not make a loan under this chapter that constitutes consumer credit to a covered service member or a dependent of a covered service member with respect to which: 1. The borrower is required to waive the borrower’s right to legal recourse under any otherwise applicable provision of state or federal law, including, […]
