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Posts Tagged ‘military’

Lenders Target Naive Military with Usurious Payday Loans

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. The Military Lending Act sought to protect service members and their families from predatory loans. But in practice, the…

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Craig Thor Kimmel Talks with WVMW-FM’s ‘What Vets Need to Know’ About Debt Collection Harassment

CreditLaw.com’s Craig Thor Kimmel tells veterans, military personnel and their families how to stop harassment by debt collectors on WVMW-FM’s “What Vets Need to Know.” Listen to learn how to protect yourself: What Vets Need to Know, Season 8, Show 19, February 05, 2013 – Debt Collection Harassment with Craig Thor Kimmel (Clicking the above…

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