CRL, CRC Management: Honor Vets by Protecting Them from Payday Lending Scams
Since the nation marks Veterans Day tomorrow, leaders from Center for Responsible Lending and also the California Reinvestment Coalition are urging Ca state legislators and also the state’s people in Congress to follow along with the lead regarding the Department of Defense and honor veterans by passing legislation reining in abusive payday financing.
Whilst the nation markings Veterans Day the next day, leaders from Center for Responsible Lending and also the California Reinvestment Coalition are urging Ca state legislators therefore the state’s people of Congress to check out the lead regarding the Department of Defense and honor veterans by moving legislation reining in abusive payday financing. The Department of Defense recently issued new proposed rules to upgrade enforcement for the Military Lending Act. The proposed guidelines would enhance current defenses capping interest on loans to cashland online application active responsibility people in the armed forces at 36% yearly interest. (more…)