Name: Soldiers as Consumers: Predatory and Unfair Business Practices Harming the Military Community
Price: 18.25 GBP
Availability: InStock
Author: Science, And Transportation United States Senate Committee On Commerce
ISBN: 9781502591609

portada Soldiers as Consumers: Predatory and Unfair Business Practices Harming the Military Community

Type

Physical Book

Publisher

Createspace

Author

Science, And Transportation United States Senate Committee On Commerce

Year

2014

Language

English

Pages

Format

Paperback

ISBN13

9781502591609

Synopsis "Soldiers as Consumers: Predatory and Unfair Business Practices Harming the Military Community"

Many families across the country face emergency expenses and times when their monthly budgets just don’t cover it all. Like the rest of us, our soldiers, airmen, sailors, and marines are consumers and young ones at that. Their steady paychecks and relative job security make them appealing targets for unscrupulous businesses. There are a variety of lenders that want to help. They offer their products to help them bridge those financial moments and gaps. It becomes a very different story; however, when these products involve predatory components such as egregiously high interest rates, which in some cases top 300 percent, high fees or waivers of certain rights hidden in fine print of contracts. One news account highlighted the case of a marine staff sergeant who took out an auto title loan for $1,600 without realizing that the fine print of the contract required him to pay back more than $17,000 over two and a half years. A Federal law called the Military Lending Act is supposed to protect servicemembers from this kind of abuse, but that law only covers loans with a term of 6 months or less.

Customers reviews

Have you read this book? Login to add your review.

More customer reviews

0% (0)
0% (0)
0% (0)
0% (0)
0% (0)

Questions and Answers about the Book

Do you have a question about the book? Login to be able to add your own question.

Opinions about Bookdelivery

More customer reviews

Soldiers as Consumers: Predatory and Unfair Business Practices Harming the Military Community - Science, And Transportation United States Senate Committee On Commerce

Synopsis "Soldiers as Consumers: Predatory and Unfair Business Practices Harming the Military Community"

Customers reviews

Frequently Asked Questions about the Book

Is the book original?

In what language is the book written?

What is the format of this book?

Questions and Answers about the Book

Opinions about Bookdelivery