Advocates renew push for protecting troops from predatory lenders

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Advocates from six military and veterans organizations renewed their push for a key federal consumer agency to resume monitoring lenders to.

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Advocates from six military and veterans organizations renewed their push for a key federal consumer agency to resume monitoring lenders to protect service members and their families from predatory practices.

Advocates renew push for protecting troops from predatory lenders. Some fear the 300 percent apr loan will come back for troops, families, if feds don’t resume the monitoring.

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A CFA report confirms the statutory authority of the Consumer Financial Protection Bureau to ensure Military Lending Act compliance.

Advocates renew push for protecting troops from predatory. Militarytimes.com In an email response, the CFPB stated, “Director Kraninger is committed to protecting America’s servicemembers, and to that end she provided draft legislation earlier this year to Congress.

Advocates Applaud DOD Move to Protect Troops from Predatory Lending Final Rules Extend 36% Rate Cap to More Forms of Credit Military servicemembers and their families will be better protected against predatory lending under new rules announced today by the Department of Defense (DOD), according to advocates at the National

In 2012, I closed a loophole in a federal law for our deployed military members to protect them from predatory lending practices. to shift the main responsibility of running the Holyoke Soldiers.