Monday, September 04, 2006

It Becomes Clearer By The Day

Last week The Observer posted a link to a story which told of our servicemen and women who could not be deployed overseas because of the crushing debt loads they carry to so-called payday loan establishments.
"We're seeing a growing trend of folks who are not eligible to deploy because of
financial problems," says Capt. Mark Patton, commander of Naval Base Point Loma
in California. Patton says debt problems can cost some servicemembers their
security clearances.

Now the government is looking to put limits on what those types of lenders can charge military personnel. Nevermind the effect that they have on normal working neighborhoods. How will those predators make up the revenue? Lisa has the answer.

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