Exactly about Lawmakers target army payday advances

Exactly about Lawmakers target army payday advances

T wo Democratic congressmen are sponsoring a bill that could further stiffen restrictions on pay day loans that target military users or their loved ones, especially when it comes down to federal retirement benefits.

The Annuity protection and Security Under Reasonable Enforcement (ASSURE) Act, introduced by Reps. Matt Cartwright of Pennsylvania and Gerry Connolly of Virginia, and co-sponsored by two dozen lawmakers, would protect some other also kinds of federal employees.

“this can be exploitation, pure and easy,” Connolly told the Washington Examiner. “we are speaing frankly about the targeting of army families, often with one partner presently serving in Iraq and Afghanistan.”

Continue reading “Exactly about Lawmakers target army payday advances”