HomeGlossaryMMilitary Lending ActGlossaryMilitary Lending ActA 2006 federal law that caps the APR on certain consumer loans to active-duty service members and their dependents at 36 percent.Browse: A · B · C · D · E · F · I · L · M · O · P · R · S · T · U · W · full glossaryMore glossary termsAPRAch WithdrawalBad CreditBalloon PaymentCAPSCash AdvanceCheck CashingConsumerConsumer AdvocateCooling-Off PeriodCredit CheckDebt TrapDefaultDeferred DepositExtensionFDICFaxlessFinance ChargeInstallment LoanInterestLate FeeLenderLoan SharkLoan TermOrigination FeePaycheckPayday AdvancePayday Alternative LoanPayday LoanPost-Dated CheckPrincipalRolloverSubprime LendingTitle LoanUnsecured LoanUsuryWage Garnishment