Lawmakers urge DoD to exempt CUs from MLA changes

first_img 10SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr Rep. Paul Cook, R-Calif., along with several fellow representatives, sent a letter Wednesday to the Department of Defense urging the department to exempt credit unions from the July 2015 amendments to the Military Lending Act.“It has come to my attention that the July 2015 amendments have caused numerous financial institutions to eliminate products and services, many of which have been relied on by servicemembers and their families,” the letter states. “Of great concern, I have heard from credit unions that they are being forced to cut back on, or eliminate, products that help find solutions for credit for servicemembers and their families that may have few, or much worse, other options.”The letter acknowledges that while the MLA changes “have proven effective in broadening the scope of products and services targeted by … lenders, it has also had the unintended effect of creating barriers for good actors seeking to serve the military with highly regulated and safe products and services. Particularly, I am concerned about the unintended consequences on the thousands of credit unions, serving 110 million consumers including servicemembers.” continue reading »last_img read more

‘Louis Van Gaal is very strict, very hard to satisfy’, says Man U’s Morgan Schneiderlin

first_imgMorgan Schneiderlin has revealed what it is like to play for Louis van Gaal after having spent a few months playing under the Manchester United boss.The 25-year-old was signed from Southampton for £25 million in July and is currently on international duty with France. Schneiderlin explained that Van Gaal knew him as a player but needed to learn more about what he was like as a person following his arrival at Old Trafford. “Van Gaal knew me as a footballer but he wanted to understand my character and my personality better,” he told Le Parisien. “He set out his playing philosophy and told me about himself. “On the pitch, he wants me to repeat my performances with Southampton – that I play with the same aggression and that I win the ball back – but he’s very strict and he’s very hard to satisfy.”When asked about why he moved from Southampton, Schneiderlin said he could have spent much longer than seven years at the club.”I could have stayed,” he said. “The club offered me a new contract and I felt at home, but I needed to get out of my comfort zone.”I feel ready to face this type of challenge and I’m not putting myself under any unnecessary pressure.“Anyway, I’m living my dream. I couldn’t refuse Manchester United.” –Follow Joy Sports on Twitter: @Joy997FM. Our hashtag is #JoySportslast_img read more