Categories

U.S. Economy

Tools

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


    Hilsenrath Backs Away From His “Considerable Time” Prediction
    The U.S. National Debt Has Grown By More Than $1 Trillion In The Past 12 Months
    U.S. Consumer Prices Post First Decline In 16 Months
    U.S. Current Account Gap Narrows In The Second Quarter
    Roller-coaster Debate Over New Fed Tool May Get Resolved This Week
    As Fed Meets, Markets Fixate On 2 Words
    Nevada Scraps Do-Over For Failed State Healthcare Exchange
    US Industrial Production Follows China; Misses With Biggest Drop Since Jan
    Kohl’s And The Rest Of The Retailers Are In Deep Trouble
    Unseen Toll: Wages Of Millions Seized To Pay Past Debts
    Wealth Gap Puts Squeeze On State Revenue
    Consumer Spending Showing Renewed Life
    Retail Sales “Ex-Autos” Growth Slowest Since January
    Meet The Puppet Masters: The 25 Most Politically Influential Billionaires In The U.S.
    How You Know The Time For More QE Has Come


    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.

    Left Hand, Meet Right Hand: Pentagon Discusses Ground Troops In Iraq
    War On Poverty? No, It’s A War On Prosperity
    Obama Should Be Impeached For Aiding And Abetting Arab Petro-Terrorists
    Boehner Calls House Republican Colleagues ‘Knuckleheads’ For Challenging Establishment
    This Russian Trend Is Not Europe’s Friend
    This Seems To Be Going Well…
    NATO Armed Kiev Under Cover Of Cease-Fire
    Subprime Is Back With A Vengeance
    4 C’s That Could Change The Financial World As We Know It, Again
    China’s Ambassador To Iceland Has Been Allegedly Detained For Leaking Secrets To Japan
    The UN Says Brazil Is Now Rich Enough To Feed Itself
    Do Half Of China’s Millionaires Really Want To Emigrate? Not Exactly
    Why Germans Pay Cash For Almost Everything
    Modi And China’s Xi Must Get Along—They Have Much In Common
    How China’s Foreign And Domestic Policies May Be Fueling The Islamic State
    Obamacare Directly Funds Abortion
    IRS Has 99 Problems But The Church Ain’t One
    Bill Bennett Paid To Pimp For Common Core
    Obama Uses War On ISIS To Overthrow Syria’s Assad
    What Title II Regulation Of The Internet Actually Means
    Coal Miners Union Abandons Workers In Key Senate Races
    Scotland’s Independence Vote Comes Down To The Wire
    Americans Among Most Skeptical About Global Trade
    Democrats Leading Push For Legal Parity Between Citizens And Illegal Aliens In New York
    Neoconservative Infiltrators Seek To Co-Opt Liberty Movement
    Will Militia Plan To Block Border Bridges Lead To Standoff With Police?
    Bad Politics On Crack: Rethinking Mandatory Minimums Would Save Taxpayers Billions Of Dollars
    That’s Not What The Constitution Says!
    Scotland Prepares For Bank Runs; ‘Quietly’ Sends Millions Of Banknotes North
    Obama To Send 3,000 Ebola-Fighting Boots-On-The-Ground To Africa; CDC Warns America ‘Now Is The Time To Prepare’
    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.