Six military and veterans advocacy groups have asked the federal government to increase its oversight of lenders who work with military service members to ensure they don't prey on unsuspecting or needy consumers. In a May 15 press conference in Washington, D.C., the organizations said the Consumer Financial Protection Bureau, or CFPB, should resume examinations of payday lenders and others to make sure they are complying with the Military Lending Act, or MLA. Read more about the request on Military.com.
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