Mandatory Disclosures as Part of Limitations on Terms of Consumer Credit Extended to Service Members and Dependents

OMB 0704-0444

10 USC 987, paragraph (c)(1) requires new disclosures not currently covered by the Truth in Lending Act (TILA). Specifically, the creditor must disclose: the Military Annual Percentage Rate (MAPR) applicable to the extension of consumer credit, and the total dollar amount of all charges included in the MAPR. Additionally, disclosures must be made both in writing and orally.

The latest form for Mandatory Disclosures as Part of Limitations on Terms of Consumer Credit Extended to Service Members and Dependents expires 2021-12-31 and can be found here.

Latest Forms, Documents, and Supporting Material

Document Name
0704-0444_SSA_12.29.21.docx Supporting Statement A
Mandatory Disclosures as Part of Limitations on Terms of Consumer Credit Extended to Service Members and Dependents Other-IC portion of FR

202108-0704-005 Approved without change	Extension without change of a currently approved collection	2021-12-30
201808-0704-003 Approved without change	Reinstatement without change of a previously approved collection	2018-11-07
201506-0704-001 Preapproved	Reinstatement without change of a previously approved collection	2015-06-10
201408-0704-001 Comment filed on proposed rule	Reinstatement with change of a previously approved collection	2014-08-15
200710-0704-001 Approved without change	Revision of a currently approved collection	2007-10-15
200708-0704-002 Preapproved	New collection (Request for a new OMB Control Number)	2007-08-13
200704-0704-001 Comment filed on proposed rule	New collection (Request for a new OMB Control Number)	2007-04-06