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Things i think should be added to the Military Lending Act.

Posted by /u/prosperousderelict on

After working in a car dealership i felt sick to my stomach the times id see a service member come in and get a 30 apr loan because they either had no credit or had bad credit. The mla stipulated that we did not sell gap to service members. But i also believe that the mla should stipulate a maximum apr service members have to pay. Ive seen it over 30 percent. 15 is still very high but i believe 15 apr should be the maximum on car loans. Does anyone agree. I know new recruits buying chargers or mustangs at 30apr is a meme. We should stop this shit.

submitted by /u/prosperousderelict
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