Bipartisan legislation referred to as Veterans and Consumers Fair Credit Act would expand Military Lending Act defenses on payday advances to veterans and civilians alike
Washington, DC – People in america for Financial Reform today applauded the introduction of the Veterans and Consumers Fair Credit Act of 2019, legislation that will expand the 36 % APR interest limit on payday and car-title loan providers in the Military Lending Act (MLA) to pay for all People in america.
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