CONNECT WITH:

Florida Bulldog

Tag: payday loan; Military Lending Act

  • /

    4439 SEEN

    /

    On Victory Drive, soldiers defeated by debt

    By Paul Kiel, ProPublica and Mitchell Hartman, Marketplace
    Seven years after Congress banned payday-loan companies from charging exorbitant interest rates to service members, many of the nation’s military bases are surrounded by storefront lenders who charge high annual percentage rates, sometimes exceeding 400 percent.

Support Florida Bulldog

If you believe in the value of watchdog journalism please make your tax-deductible contribution today.

We are a 501(c)(3) organization. All donations are tax deductible.

Join Our Email List

Email
*

First Name

Last Name

Florida Bulldog delivers fact-based watchdog reporting as a public service that’s essential to a free and democratic society. We are nonprofit, independent, nonpartisan, experienced. No fake news here.

Donate to Florida Bulldog
×

Subscribe to our Newsletter

Email
*

First Name

Last Name

Your information will NEVER be shared or sold to a third party.