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Federal protections underneath the Military Lending Act (MLA) for service members along with their families took effect October 1, 2007 and were expanded October 3, 2016. As we can be a direct lender in California, there's no anonymous middleman involved, also, since we're state-licensed, you're protected by California regulations. Fifty percent of most households who have at least one credit card have a typical balance of $1,000. 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