MLA Rate Checker
Check whether a loan complies with the Military Lending Act (MLA). The MLA caps the Military Annual Percentage Rate (MAPR) on most consumer credit to active-duty members and dependents at 36%. Enter the terms to see if a loan is over the cap.
Frequently asked questions
What is the Military Lending Act cap?
The MLA limits the Military Annual Percentage Rate (MAPR) — which includes interest plus most fees and add-ons — to 36% on most consumer loans to active-duty service members and their dependents.
What loans does the MLA cover?
It covers most consumer credit such as payday loans, auto-title loans, and installment loans, but generally not residential mortgages or loans to buy the vehicle or property that secures them.