TITLE

Combatting Predatory Lending

PUB. DATE
May 2007
SOURCE
Soldiers;May2007, Vol. 62 Issue 5, p36
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article focuses on the passage of the Military Personnel Financial Services Protection Act that aims to address the problem of predatory lending practices aimed at military personnel in the U.S. The Act establishes mandatory requirements for the sale of insurance and investment-advisor services on military installations. It claims that the Act does not eliminate the underlying reasons why people take out payday loans. It suggests an approach to end predatory lending.
ACCESSION #
25063303

 

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