Consumer Protection: Service Members

doi:s://www.fdic.gov

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Consumer Protection: Service Members

09/24/2007
Inactive Financial Institution Letters (FILs)

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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Withdrawn Date: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]

Department of Defense Final rule on Limitations on Terms of Consumer Credit Extended to Service Members and Dependents [Federal Register, Aug 31, 2007, pages 50580-50594]

pdf