If you’re an active duty service member, you have certain rights under the Military Lending Act (MLA) and other relevant laws designed to protect your financial interests.
As required by the MLA, any credit agreement offered to active duty members includes the Military Annual Percentage Rate (MAPR), which represents the total cost of credit, including interest, fees, and other applicable charges. The MAPR is calculated in accordance with the MLA and is disclosed alongside the standard Annual Percentage Rate (APR) required by the Truth in Lending Act (TILA).
It’s important to be aware of these rates, as they impact the overall cost of your credit. We encourage you to review all provided information before entering into any agreement to fully understand the terms, including the MAPR and all related conditions.
If you have any questions or concerns about your credit agreement or how it applies to your specific situation, please reach out to our Support Team. We’re here to help ensure your account and credit agreement are handled in accordance with the MLA and all applicable protections.
Chat with us through the Livble app or email us at support@livble.com.