Military Lending Act (MLA) Verification for Equifax Credit Reports
Our communication with Equifax reveals that they will not update the 6.0 ACROFILE Plus credit report version to include MLA verification information. We are looking for a suitable Equifax product alternative that includes the MLA verification.
Tentatively, we plan to have this developed and implemented before the end of the year.
We will announce the implementation of the new credit report product here.
In the meantime, the Department of Defense has a website that you can use to verify MLA-eligible members: https://mla.dmdc.osd.mil/ .
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Update: Military Lending Act (MLA) and CAMS-ii
Next week (the week of October 3, 2016) we will update your CAMS-ii servers with a new CAMS-ii Release, version 5.4.3. This release will contain updates for the MLA and some other updates that will be detailed in the 5.4.3 Release Notice.
We are performing the update after quarter-end, so it does not interfere with quarter-end end-of-period processing.