Tag Archive: ann baddour

Oct 01 2015

Military Members to Get Boost


By Texas Appleseed Texas payday and auto title loan alarming trend: borrowers trapped in debt at 500% APR or higher Active duty service members in Texas, their spouses, and dependents will be better protected against a range of consumer loan and credit products via the Military Lending Act (MLA) final rule. The final federal rule, by …

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Permanent link to this article: http://www.easttexasreview.com/military-members-to-get-boost/

Oct 06 2014

Fleecing Our Vets: DOD works to protect military personnel finances

The U.S. Department of Defense (DOD) has made great progress in its quest to safeguard service personnel’s monetary solvency. Still, predatory lenders can still take advantage of soldiers who do not employ the Military Lending Act (MLA.) Texas-based payday and auto title businesses are known for using loopholes to avoid already-enacted protections. Because Texas has the greatest number of …

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Permanent link to this article: http://www.easttexasreview.com/fleecing-our-vets-dod-works-to-protect-military-personnel-finances/