Exactly about Lawmakers target army pay day loans

Exactly about Lawmakers target army pay day loans

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

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 types of federal employees.

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

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