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Feds allege online lender violated law, overcharged military borrowers
Lawsuit asks for restitution and other monettary relief to more than 1,200 military consumers allegedly overcharged.
By Karen Jowers
Latest "payday loans" stories
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Commentary: Feds moving in wrong (and dangerous) direction on military consumer protection
It is not hyperbole to state that financial distress compromises individual and unit combat effectiveness.
By Army Col. Paul Kantwill (Ret.)
Senators urge consumer protection agency not to ‘abandon’ duty to protect troops, families
Will the enforcement of the Military Lending Act be weakened?
By Karen Jowers
DoD’s new credit card rate-limit rules start soon, but won’t touch existing accounts
Most cards fall below the interest-rate line, but advocates say the rule helps by giving unfair lenders one less outlet.
By Karen Jowers