Overview

What Is Military Lending Act (MLA) Covered Borrower Status

The Military Lending Act (MLA) Final Rule requires financial institutions to confirm an applicant’s MLA covered borrower status prior to origination for most closed or open-ended loans or lines.
We can take care of that extra step for you with our MLA Covered Borrower Status. Save time and resources by requesting the status check in the same request as an applicant’s consumer credit report, or as a standalone request without a consumer credit report.
Product Evolution

Streamline the Process to Save Time and Resources

Performing the required MLA covered borrower status checks internally can be a burden. It involves stopping your origination process and manually entering individual applicant information on the Department of Defense’s website to get the results.
Add our MLA Covered Borrower Status to your current origination protocol for quicker insight to which credit terms you must offer an applicant. It helps streamline your lending process and ensures you maintain "safe harbor" as stated by the Final Rule.
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Connect with us and discover how this product can meet your business needs.

Visit the Developer API Portal

Explore the Military Lending Act (MLA) Covered Borrower Status API, view API reference documentation, and test it out in our sandbox.