Consumer Protection: Service Members

Details

• Publisher's site:
  https://www.fdic.gov
• Corporate Authors:
  Federal Deposit Insurance Corporation (FDIC)
• Description:
  The Department of Defense (DoD) has adopted the attached final rule implementing § 670 of the John Warner National Defense Authorization Act for Fiscal Year 2007, known as the Talent Amendment. The final rule regulates the terms of certain credit extensions to active duty service members and their dependents. The law and rules take effect October 1, 2007. Additional protections for military personnel provided by the Servicemembers Civil Relief Act and other federal laws are also discussed below.
• Content Notes:
  Affordable Small-Dollar Loan Products, http://www.fdic.gov/news/news/financial/2007/fil07050.html
• Subject:
  Consumer Protection
• Dataset Download URL:
  https://www.fdic.gov/news/financial-institution-letters/2007/fil07083.html
• Format:
  PDF
• Release Date:
  09/24/2007
• Update Date:
  11/26/2018
• Withdrawn Date:
  12/01/2018
• Agencies Involved:
  Federal Deposit Insurance Corporation (FDIC) ; Department of Defense ; Office of the Secretary
• Fdic Employee Involved:
  Deirdre Foley ; Janet Norcom
• Law Involved:
  John Warner National Defense Authorization Act ; Servicemembers Civil Relief Act
• Related Regulation:
  32 CFR Part 232
• Source:
  FDIC Website
• Memorandum To:
  FDIC-Supervised Banks (Commercial and Savings)
• Effective Date:
  10/01/2007
• FIL Number:
  FIL-83-2007
• Main Document Checksum:
  urn:sha256:1b01413d40ce9972139866dbdb684bdd69f5359a436a87c73c53a861ec330b0c
• Download URL:
  https://archive.fdic.gov/view/fdic/7408/fdic_7408_DS1.pdf
• File Type:
  [PDF - 1.25 MB ]