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The White House is proposing changes to the Military Lending Act. Under Mulvaney, the bureau is planning to halt regular monitoring of payday lenders. the mla protections afforded service members and their families.".
Saldana: We need to make this a priority for our military families to be protected in California. Saldana’s legislation would exempt the payday loan industry from sanctions if it stops serving the.
Predatory payday lending costs military families. 1Ninety-one percent of payday loans are made to borrowers with five or more loans per year.
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