Public Citizen: Rule Protecting Military Families From Financial Predators Should Apply to All Consumers

Washington, DC–(ENEWSPF)–July 21, 2015. Statement of Robert Weissman, President, Public Citizen:

Public Citizen applauds the U.S. Department of Defense, working in tandem with the U.S. Consumer Financial Protection Bureau, for taking swift and strong action to protect military service members from predatory lenders by completing new rules intended to fulfill the promise of the Military Lending Act. These new rules will help thousands of active service members and their families by ensuring that unscrupulous lenders…