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    Why a 36% Cap is just too Low for Small-Dollar Loans

    Why a 36% Cap is just too Low for Small-Dollar Loans The MLA caps pay day loans to armed forces workers at a 36% apr. The federal government recently announced regulations that are new increase the Military Lending Act of 2006. How come we trust our volunteers within the military which will make life or death choices, but ban them from creating a decision that is financial spend the standard