Servicemembers Civil Relief Act (SCRA) - About.com US Military
On December 19, 2003, the President of the United States signed into law H.R. 100, the Servicemembers Civil Relief Act. This law completely rewrites the Soldiers and Sailors Civil Relief Act of 1940, expanding many of the previous law's civil protections. Careers; ... Read Article
Payday Lenders Pose As Brokers To Evade Interest Rate Caps
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GETTING FROM PROTECTING THE TROOPS TO PROTECTING CIVILIANS ...
E. Payday Loans Lead to Unmanageable Debt for Both Civilians and Soldiers state laws imposing APR caps on payday loans, and (3) “Payday” Loans in Military Towns, 66 Ohio St. L.J. 653, 663 (2005) ... Read More
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Predatory Payday Lending By Banks On The Rise
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Why Colorado’s 7th District Needs A Consumer Financial ...
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Senator Durbin Introduces Quick Fix For Predatory payday Lending
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Loan Shark - Wikipedia, The Free Encyclopedia
A loan shark is a person or body that offers loans at extremely high interest rates. The term usually refers to illegal activity, but may also refer to predatory lending with extremely high interest rates such as payday or title loans. Loan sharks sometimes enforce repayment by blackmail or ... Read Article
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Unsecured debt - Wikipedia, The Free Encyclopedia
In finance, unsecured debt refers to any type of debt or general obligation that is not collateralized by a lien on specific assets of the borrower in the case of a bankruptcy or liquidation or failure to meet the terms for repayment. In the event of the bankruptcy of the borrower, the unsecured ... Read Article
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