July 21, 2015

Obama Administration Announces New Rules Protecting Military Families From Predatory Lenders

http://thinkprogress.org/economy/2015/07/21/3683030/pentagon-payday-loan-revamp-finalized/
"Multiple studies between 2007 and 2014 revealed the vast negative consequences of this ongoing financial exploitation for members of the armed services. Late last year, Pentagon officials proposed revised rules that would eliminate the loopholes relating to the time, value, and style of loans made to soldiers, sailors, airmen, Marines, and their families. But Congress responded with that rarest of things in American politics: public opposition to an idea that would benefit men and women in uniform."