Tag Archives: loans

Legislation would crack down on predatory military lenders

file000652384160Members of the military would receive extra protections against predatory short-term lenders, under legislation introduced Tuesday in Washington.

The bill is a follow-up to the Military Lending Act of 2006, which created transparency requirements and limited what could be offered to military members.
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Michigan communities to receive more than $160 million in loans

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In response to new state standards, a number of communities across the Michigan have received low interest loans from the state. The money will be used to fund water supply projects and to improve water quality.
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