The Military Lending Act and GAP

Drop the Bow Tie | March 2019

About this Episode

If you're a dealer, you may be asking: can I sell GAP under the MLA? The Military Lending Act (MLA) has entered the headlines frequently since the Department of Defenses' reinterpretation in December 2017. Since then the MLA has affected dealers ability to sell GAP, credit insurance, and cash out. There has been much confusion and speculation about this issue.

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Drop the Bow Tie

Drop the Bow Tie is a series we created to help our partners stay up-to-date on compliance issues affecting the industry.