“Courts construing language similar to the ‘personal, family, or household purposes’ requirement of the MLA have understood it ‘as distinguishing between loans made for consumer-oriented purposes (which are covered) from loans made for business, commercial, or similar profit-seeking reasons (which are not covered),'” the judge said.
“Courts construing language similar to the ‘personal, family, or household purposes’ requirement of the MLA have understood it ‘as distinguishing between loans made for consumer-oriented purposes (which are covered) from loans made for business, commercial, or similar profit-seeking reasons (which are not covered),'” the judge said.
