Enhancement of Protections on Consumer Credit for Members of the Armed Forces and Their Dependents

Docket ID: DOD-2013-OS-0133
Agency: Department of Defense (DOD)
The Conference Report to accompany H.R. 4310, the National Defense Authorization Act for Fiscal Year 2013 (Public Law 112-239), includes on pages 782 and 783 of the report, a request for the Secretary of Defense to “conduct surveys of counselors, legal assistance attorneys, service members, and other appropriate personnel, and to consult with both consumer protection advocacy groups and representatives of the financial services industry to determine if changes to rules implementing section 987 are necessary to protect covered borrowers from continuing and evolving predatory lending practices, and to report to the Committees on Armed Services of the Senate and House of Representatives.” This Federal Register notice requests input on (1) the need to revise the implementing regulation (32 CFR part 232), with special attention to the definition of covered consumer credit; (2) if there is a need for change, what should be included in any revision and why; (3) what should not be included in any revision and why; and (4) examples of alternative programs designed to assist Service members who need small dollar loans.
Docket Details open glossary dialog  
Related RINs: None
Related Dockets: None
Type: Nonrulemaking

Primary Documents

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Comment Period Closed
Dec 26, 2014 11:59 PM ET
Proposed Rule
Posted: 09/29/2014
ID: DOD-2013-OS-0133-0039
Comment Period Closed
Aug 01, 2013 11:59 PM ET
Proposed Rule
Posted: 06/17/2013
ID: DOD-2013-OS-0133-0001
Comment Period Closed
Posted: 07/22/2015
ID: DOD-2013-OS-0133-0517
Comments Not Accepted
Proposed Rule
Posted: 11/25/2014
ID: DOD-2013-OS-0133-0122

Supporting Documents

No documents available.


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Comments Received*
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