Heyl Royster

 


Heyl Royster

 

News

Schag Article on Military Lending Act Published in ISBA Journal

10/10/2018

Mike Schag’s article “ISBA Journal Debtors and Creditors - The Sharpened Teeth of the Military Lending Act” was published in the October 2018 edition of the Illinois Bar Journal, the magazine of the Illinois State Bar Association. In the article, Schag points out that the Military Lending Act’s “fairly stringent lending restrictions” were expanded in October of 2017 to include consumer card issuers, unsecured consumer lenders, and depository institutions. Some lenders were given until October 3, 2018 to be compliant.