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Military Lending Act

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4th Circuit Issues Davidson Opinion on Military Lending Act Applicability to Ancillary Products Included in Automobile Finance Contracts

by Scott J. Hyman |

Today, the Court of Appeals for the Fourth Circuit issued the opinion in Davidson v UACC, finding that the financing of ancillary products in a vehicle finance contract did not bring an otherwise excluded contract under the Military Lending Act. The Military Lending Act regulates lenders when they extend “consumer credit” to members of the military. Yet the Act makes… Read More

District Court (Va.) Says MLA Not Applicable to Auto Finance Transaction Because DoD’s Interpretation Was Withdrawn

by Scott J. Hyman |

In Davidson v. United Auto Credit Corp., No. 1:20-cv-1263 (LMB/JFA), 2021 U.S. Dist. LEXIS 95302, at *11-17 (E.D. Va. May 19, 2021), Judge Brinkema dismissed a claim against an automobile lender under the Military Lending Act because Plaintiff's theory was based on a DoD interpretation that had been withdrawn. On December 14, 2017, using the same question and answer format,… Read More