Posted on Sep 12, 2018
Pentagon Was Not Notified Of Proposal To Change Military Lending Act
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Posted 6 y ago
Responses: 2
Patricia Overmeyer
Because it puts lots of money back into the pockets of payday lenders, who put lots of money in Trump's (and his cronies') pocket. They payday lenders, as well as unscrupulous car dealers, were not happy when this piece of legislation passed. They have been trying to get rid of it ever since. There was also quit a bit of griping about the SCRA protections by various lenders. So they finally have a Congress and a president that will agree that these consumer protections are no longer necessary because they are losing way too much money.
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