CUNA has updated its Military Lending Act credit card fee spreadsheet for the first quarter of 2019, a necessary resource as a credit union may exclude a bona fide credit card fee from the MAPR if the fee is considered “reasonable,” under the MLA rule.

CUNA has updated its Military Lending Act credit card fee spreadsheet for the first quarter of 2019, and CompBlogfeatures a “back to basics” entry for the MLA, examining what loans are covered and what loans are exempt from the rule.

CUNA has updated its Military Lending Act credit card fee spreadsheet for the first quarter of 2019. The spreadsheet is necessary because a credit union may exclude a bona fide credit card fee from the MAPR if the fee is considered “reasonable."

CUNA has updated its MLA credit card fee spreadsheet for the fourth quarter of 2018, which is necessary because a credit union may exclude a fee from the MAPR if the fee is considered “reasonable,” under the MLA rule.

CUNA has updated its Military Lending Act credit card fee comparison spreadsheet for the third quarter, updated as of September 2018. This update is necessary due to a safe harbor in the MLA rule.

CUNA compliance staff has updated its MLA fee comparison spreadsheet for the second quarter of 2018. CUNA launched this resource in October to help credit unions determine which fees are considered “reasonable and bona fide” under the MLA.