Report on Predatory Lending Practices Directed at Members of the Armed Forces and Their Dependents
Abstract
Predatory lending practices are prevalent and target military personnel, either through proximity and prevalence around military installations, or through the use of affinity marketing techniques, particularly on-line. Mortgage lending was not considered as part of this report. The predatory lenders reviewed as part of this report provide short term loans (payday, car title, and tax refund anticipation loans) and installment loans (unsecured loans focused on the military and rent-to-own).
Document Details
- Document Type
- Technical Report
- Publication Date
- Aug 09, 2006
- Accession Number
- ADA521462
Entities
Organizations
- United States Department of Defense