Dismissed MLA case against United Auto Credit provides
brief respite for auto lenders
Jun 15, 2021 06:00 pm | Joey
Pizzolato
A recently dismissed case in the Eastern District Court of
Virginia against subprime lender United Auto Credit has provided a brief
respite to the auto finance industry even as there is a movement to try to
incorporate federal Military Lending Act (MLA) guidance to auto loans. Under
current regulations, retail installment contracts and auto loans […]
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