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NFT: USA Discounters

GMANinDC : 7/25/2014 11:50 am
These guys are loan sharks and it a shame that it has taken almost 8 years to someone to reveal they types of transactions USA discounters and other retailers subject to the Military without no real recourse.



Legal Loan Sharking - ( New Window )
Serious question  
ed90631 : 7/25/2014 5:57 pm : link
What do you suggest be done about this?
RE: Serious question  
Jim in Fairfax : 7/25/2014 6:03 pm : link
In comment 11781743 ed90631 said:
Quote:
What do you suggest be done about this?

Clearly they could start by requiring hearings be held in a place reasonably convenient to the borrower, just as it is for civilian consumers.
I read the article in the Washington Post  
Hammer : 7/26/2014 8:38 pm : link
They really target service men and women becaus they know the Army makes it very easy to collect.

Selling laptops that retail for 700 bucks for 1500 and adding two years of financing costs resulting in a final price of over two grand ought to be unlawful.
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