Report on Predatory Lending Practices Directed at Members of the Armed Forces and Their Dependents
- 9 August 2006
- report
- Published by Defense Technical Information Center (DTIC)
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).Keywords
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