Consumer Financial Protection Bureau

CFA Encourages Senate Committee to Support Vigorous Enforcement of Laws that Protect Military Family Financial Readiness

Financial readiness is a crucial part of family readiness and force readiness. There is a clear and compelling public interest that Congress continue to support vigorous enforcement of laws that protect military families from wrongful financial practices, including the Military Lending Act and the Servicemembers Civil Relief Act. Adequate enforcement not only protects these consumers and their families, but also the law-abiding companies that are disadvantaged by having to compete with bad actors.