Compliance: MLA card fee spreadsheet updated for 2Q 2020

Standard

CUNA has updated its Military Lending Act credit card fee spreadsheet for the second quarter of 2020, necessary because a credit union may exclude a bona fide credit card fee from the military annual percentage rate if the fee is considered “reasonable,” under the MLA rule.

https://news.cuna.org/articles/118233-compliance-mla-card-fee-spreadsheet-updated-for-2q-2020