Categories

U.S. Economy

Tools

  • Economy & Politics
  • Investing
  • Personal Finance
  • Related Posts


    Core Inflation Jumps Most Since October Due To Rent, Healthcare Costs
    Gasoline, Shelter Costs Lift U.S. Consumer Prices
    U.S. Companies Use More Of Their Bank Credit Lines In Sign Of Confidence
    Where Have All The Consumers Gone?
    Housing Starts And Permits Miss Badly As “Warm Weather” Rebound Fails To Materialize
    Initial Jobless Claims Miss By Most In 2 Months, Continuing Claims Collapse To Lowest Since Dec 2000
    March Housing Starts Rise But Miss Estimates
    Fed Beige Book: Economy Still Growing But Slowly
    U.S. Jobless Claims Rise; Continuing Claims Lowest Since 2000
    US Industrial Production Plunges By Most Since Aug 2012, Utility Output Drops Most In 9 Years
    Leaking Las Vegas: Lake Mead Water Levels Continue To Crash
    However Low Interest Rates Might Go, The IRS Will Never Act Like A Bank
    36% Of Millennials Have Never Had Credit Card
    Critic Says Banks Still Too Risky
    Muni Failures Grow Increasingly Ominous, Harbingers Of Systemic Collapse


    To Protect Service Members, Defense Department Plans Broad Ban On High-Cost Loans

    The Department of Defense, attempting to thwart the ever-changing tactics of high-cost lenders, plans to dramatically broaden a federal law that sought to protect service members by capping the interest rate on loans made to troops.

    When the Military Lending Act was enacted in 2007, it narrowly focused on how much interest lenders could charge on two types of loans: payday and auto-title. But as ProPublica and Marketplace reported last year, high-cost lenders easily circumvented the law, peddling credit from stores that often line the streets near military bases. In a newly released report to Congress, the Defense Department acknowledged that the law has proven inadequate and said it is working on new, “more comprehensive” rules.

    Click to read the full story

    Discuss this Story:

    Comment Policy: We encourage open discussion. Comments including racist statements, profanity, name calling or spam will be removed at our discretion. We use filters for spam protection. If your comment does not appear it is likely because it violates the policy.

    Signs That ‘The Elites’ Are Feverishly Preparing For Something Big
    Conspiracy Theorists, Bloggers Compared To ISIS During Congressional Hearing
    No Matter Who Wins The White House, The New Boss Will Be The Same As The Old Boss
    San Antonio Woman Fined $2000 For Feeding The Homeless
    House Votes 240-179 To Repeal Estate Tax
    Yahoo Has A Bad Habit Of Buying Talent Through Acquisitions
    There’s No Shortage Of Bad Ideas On Social Security
    Why Are Republicans Still Bashing Congress?
    The Changing World Of Work 4: The “Signal” Value Of Credentials Is Eroding
    U.S. And Global Property Bubble Fears Mount
    The Collapse Of The Petrodollar: Oil Exporters Are Dumping U.S. Assets At A Record Pace
    Mexico Reaps Investment, Jobs From Auto Boom
    China March FDI Robust At $12.4 Billion, Outbound Flows Up 29.6 Percent In First-quarter
    Putin’s Iran Game Bests Obama
    Why China’s Numbers Are Worse Than They Seem
    Cuba Is Not A Terrorist State
    Boehner: Obama Made A Deal With The Devil
    Putin Boosts Congress’s Case For Role In Iran Deal
    Clinton’s Perfect Running Mate
    Hillary Clinton Isn’t Inevitable
    330 Million Citizens & Only One Democrat Interested In Being President
    Ron Paul Asks “Who Profits?” From The New Militarism
    Protester Interrupts ECB Press Conference
    Euro Zone Downbeat On Chances Of Greek Deal Next Week
    China Growth Slowest In Six Years, More Stimulus Expected Soon
    The Reagan Tax Debate Is A Distraction
    India’s Argument Against Net Neutrality
    China’s Great Wall Of Sand
    The Seven GOP Long Shots Who Still Have A Chance
    Which Marco Rubio For President?
    Read more from Economy & Politics...

    Liberty Investor Digest

    Get today's most important
    financial headlines all in
    one place by email!



    Sources


    close[X]

    Sign Up For Liberty Investor Digest™!

    Get Liberty Investor Digest FREE By Email!

    Input your name and email address in the fields below and get today's most important financial headlines sent straight to you inbox!

    Privacy PolicyYou can opt-out at any time. We protect your information like a mother hen. We will not sell or rent your email address to anyone for any reason.