Trump administration will roll back Obama-era restrictions on payday lenders

Predatory lending! Just another mode of financial suppression amongst impoverished groups.

Many state laws set a maximum amount for payday loan fees ranging from $10 to $30 for every $100 borrowed. A typical two-week payday loan with a $15 per $100 fee equates to an annual percentage rate (APR) of almost 400 percent. By comparison, APRs on credit cards can range from about 12 percent to about 30 percent.Jun 2, 2017

This can affect readiness. Financial instability can be one reason for security clearances being revoked