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There are special protections via the federal Military Lending Act for lively obligation servicemembers and their dependents. Those protections embrace a cap of 36 % on the Military Annual Percentage Rate as nicely as different limitations on what lenders can charge for payday and different shopper loans. Contact your native Judge Advocate General’s office to be taught extra about lending restrictions. You can use the JAG Legal Assistance Office locator to seek out help. Before you comply with a loan from a web-based payday loan lender, make certain to read by way of the phrases carefully.
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