September 29, 2014
Title Credit Finance, which offers installment loans, is one of the businesses that would be impacted under new military lending rules the Defense Department is proposing.
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Business
Defense Department Proposes Broad Ban on High-Cost Loans to Service Members
The Department of Defense released proposed rules today targeting the practices of a broad range of high-cost lenders and prohibiting them from charging service members interest rates over 36 percent.
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