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Archive for July, 2015

Poverty Law Center Applauds New Military Lending Act Final Rules

July 2015

The Department of Defense has issued an expansive new rule that protects servicemembers and their families from high-cost installment lenders, pay day lenders, and other predatory credit providers. This rule is an addition to the Military Lending Act, an Act passed in 2006 that capped interest rates and add-on fees to members of the military […]

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