Payday Loans At 459 Interest Victimizes Mlilitary Fami
Q: Payday loans at 459% interest victimizes mlilitary families; Usurious congress proposes cap at 36%
A: Many payday loan businesses are clustered near military installations, with nearly two dozen of them around Camp Pendleton, the Marine base north of San Diego. Military bases offer financial counseling and zero-interest emergency loans to troops in trouble. They also can recommend credit unions that offer low-interest loans. .
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