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Let me make it clear about Davis items To Cap On Payday Loans To Soldiers

Some consumer teams are questioning Rep. Geoff Davis’ objections to a proposition that could put a limit on high interest levels for soldiers whom sign up for short-term pay day loans.

” It will be interesting to understand why Congressman Davis is working up against the security of servicemen that at least the Department of Defense desires from Congress,” stated Jean Ann Fox, consumer-protection manager for the customer Federation of America.

The Pentagon has accused payday loan providers of surrounding its army articles and exploiting troops.