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Loan Number: _____________

MILITARY LENDING ACT (MLA) SUPPLEMENTAL INFORMATION AND DISCLOSURE STATEMENT

Please take a moment to carefully review this Military Lending Act Supplemental Information and Disclosure Statement.

Lender: Cross River Bank
Borrower:
Name: _____________
Address: _____________
_____________
Telephone: _____________
Email: _____________

MILITARY ANNUAL PERCENTAGE RATE (MAPR):

To help the federal government protect the interests of members of the Armed Forces, federal law requires all financial institutions included the following disclosure:

Federal law provides important protections to members of the Armed Forces and their dependents relating to extensions of consumer credit. In general, the cost of consumer credit to a member of the Armed Forces and his or her dependent may not exceed an annual percentage rate of 36 percent. This rate must include, as applicable to the credit transaction or account: The costs associated with credit insurance premiums; fees for ancillary products sold in connection with the credit transaction; any application fee charged (other than certain application fees for specified credit transactions or accounts); and any participation fee charged (other than certain participation fees for a credit card account).

YOUR PAYMENT SCHEDULE WILL BE:

NUMBER OF PAYMENTS AMOUNT OF PAYMENT WHEN PAYMENT IS DUE:
Number Of Payments Payment Amount, assuming the loan is paid in full on the Paid in Full Date The first payment is due on the Earliest Payment Due Date, and the same day of each successive month thereafter until the Paid in Full Date, when the full amount of unpaid principal, together with unpaid accrued interest is due and payable.

ARBITRATION:

The Arbitration provisions of your Loan Agreement do not apply to active duty military members or their covered dependents as defined by the Military Lending Act.

DISCUSSION OF TERMS WITH BORROWERSFIRST:

BorrowersFirst will be available to verbally disclose the terms of your loan from Cross River Bank during normal business hours.  If you would like to discuss the terms of your loan, under the Military Lending Act, please contact BorrowersFirst toll-free at 877-806-8860 and their Customer Service team will be happy to assist you.

BorrowersFirst loans are unsecured, personal loans made by Cross River Bank, a New Jersey State chartered bank, Member FDIC. Eligibility for a loan is not guaranteed. To receive a loan, you must be a US citizen or permanent resident and at least 18 years old (or 19 years old in Alabama). At this time, we do not accept loan applications from residents of Colorado, Connecticut, Hawaii, Idaho, Iowa, Mississippi, Nevada, New York, Vermont, West Virginia, or Wisconsin.