A Ban On Tall Price Loans Can Be Coming

A Ban On Tall Price Loans Can Be Coming

The Military Lending Act caps yearly interest on loans to armed forces people at 36% and will be offering other safeguards. Now, lawmakers are proposing to give that security to veterans among others. Sid Hastings/AP hide caption

The Military Lending Act caps yearly interest on loans to armed forces users at 36% and provides other safeguards. Now, lawmakers are proposing to increase that security to veterans yet others. (more…)

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