Examples of Covered Borrower in a sentence
If you are determined to be a Covered Borrower at the time this Agreement is entered into, and at a later date are no longer a Covered Borrower, you agree that the provisions of 32 CFR Part 232 will no longer apply to this Agreement.
In general, the cost of consumer credit to a Covered Borrower may not exceed an APR of 36%.
The Arbitration section in this Agreement does not apply to the Account so long as there is a Covered Borrower on the Account.
Permissible use of the Equifax MLA Covered Borrower Status is limited to completing covered borrower checks pursuant to the Military Lending Act (MLA), as codified in 10 U.S.C. 5987.
Unless You are a Covered Borrower under the Military Lending Act, You waive any right You have to receive demand for payment, notice of intent to accelerate and notice of acceleration.