Troops’ best defense against fraud is in jeopardy, advocates warn“The thought of CFPB going away is frightening,” one advocate told senators.By Karen Jowers6 months ago
Some VA lenders are still exploiting troops and veterans, report allegesLenders are accused of higher interest rates and other fees.By Karen Jowers3 years ago
All Americans deserve the same protection from predatory loans that service members haveThe authors of this commentary support the Veterans and Consumers Fair Credit Act, in addition to the Military Lending Act, to protect active-duty service members and their families against abhorrent, predatory lending practices and products.By Paul E. Kantwill and Christopher L. Peterson4 years ago
Advocates renew push for protecting troops from predatory lendersSome fear the 300 percent APR loan will come back for troops, families, if feds don't resume the monitoring.By Karen Jowers5 years ago
Group wants to force consumer agency to show why it stopped monitoring military lending protectionsAdvocates say the consumer agency already has legal authority to monitor these troop protections.By Karen Jowers5 years ago
Who’s watching payday lenders? Feds ask for specific authority to protect troops’ financesConsumer Financial Protection Bureau wants clarification to allow them to examine payday lenders and enforce protections for service members.By Karen Jowers5 years ago
Using a VA loan? Here are 7 questions to ask your lenderA National Guard member in the loan business tells future VA loan users how to 'interview' their lender.By David Piatek6 years ago
Advocates launch $250K ad campaign to support protections for troops against predatory lendersAds are running in 17 publications over the next few days.By Karen Jowers6 years ago
Commentary: Feds moving in wrong (and dangerous) direction on military consumer protectionIt is not hyperbole to state that financial distress compromises individual and unit combat effectiveness.By Army Col. Paul Kantwill (Ret.)6 years ago
Advocates to Mattis: Don’t waver in protecting troops against predatory lenders Weakening protections might mean more predatory lenders popping up outside military bases, advocates sayBy Karen Jowers6 years ago
Senators urge consumer protection agency not to ‘abandon’ duty to protect troops, familiesWill the enforcement of the Military Lending Act be weakened?By Karen Jowers6 years ago
DoD’s new credit card rate-limit rules start soon, but won’t touch existing accountsMost cards fall below the interest-rate line, but advocates say the rule helps by giving unfair lenders one less outlet.By Karen Jowers7 years ago