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Troops’ best defense against fraud is in jeopardy, advocates warn
“The thought of CFPB going away is frightening,” one advocate told senators.
By Karen Jowers
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Some VA lenders are still exploiting troops and veterans, report alleges
Lenders are accused of higher interest rates and other fees.
By Karen Jowers
Reversing Trump-era decision, feds strengthen enforcement of rules protecting troops from predatory lenders
The Consumer Financial Protection Bureau announced Wednesday it will restart its examinations of lenders to enforce the Military Lending Act.
By Karen Jowers
Feds allege online lender violated law, overcharged military borrowers
Lawsuit asks for restitution and other monettary relief to more than 1,200 military consumers allegedly overcharged.
By Karen Jowers
Protect service members from predatory corporations
Congress shouldn't allow service members to waive their SCRA rights by predatory lenders, says the author of this commentary.
By Rep. Jared Golden
On consumer credit and unintended consequences
Consumers — members of our armed services most of all — must be protected from bad actors, but not with blanket rules that fail to account for their very real needs and that risk bringing real harm to their economic security, says the author of this commentary.
By Bill Himpler