🎖️ Active Duty Members and the Military Lending Act (MLA)
If you’re on active duty, you have special financial protections under the Military Lending Act (MLA) and related laws.
Any credit agreement for active duty members includes a Military Annual Percentage Rate (MAPR). The MAPR shows the total cost of credit, including interest, fees, and other charges. It is calculated by MLA rules and shared with you along with the usual Annual Percentage Rate (APR) required by the Truth in Lending Act (TILA).
📌 Why the MAPR Matters
Knowing the MAPR helps you understand the true cost of your credit. Always review your credit agreement carefully so you know exactly what fees and rates apply.
🗂️ Need Help With Your Agreement?
If you have questions about how the MLA or MAPR applies to you, reach out to our Support Team. We’re here to make sure your account follows the MLA and all other protections.
You can chat with us in the Livble app or email support@livble.com.