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Protect All From Pay Day Loans. As a section of the Defense Reauthorization…

Protect All From Pay Day Loans. As a section of the Defense Reauthorization… As part of the Defense Reauthorization Bill of 2007, Senators Jim Talent, R-Mo., and Bill Nelson, D-Fl, introduced an amendment that is bipartisan caps interest levels for several loans to solution users and their dependents at 36 per cent. This amendment, which passed the Senate at the conclusion of ...

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