Predatory payday loan providers target army families. 24 % of civilians utilized one of these simple practices, and 9 per cent had applied for a cash advance
Clarification: This article cites a 2005 research because of the middle for Responsible Lending, when the CRC stated that 20 per cent of active-duty army people have actually removed an online payday loan and that people in the armed forces were 3 x much more likely than civilians to utilize these kind of loans. Read more