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Let me make it clear about Seeking Quick Loans, Soldiers Race towards High-Interest Traps

Let me make it clear about Seeking Quick Loans, Soldiers Race towards High-Interest Traps

The landscape is the same: the main gate of a large military base opens onto a highway lined with shops eager to make small, fast and remarkably expensive loans, no questions asked from Puget Sound in the Northwest to the Virginia coast.

There are many more than 200 among these outlets that are quick-loan the Navy bases of Norfolk and Hampton in Virginia; nearly two dozen all over aquatic Corps base at Camp Pendleton in Ca; and three dozen within three kilometers regarding the Army’s Fort Lewis in Washington State.