Evading Federal Protections for the Military; Harming our Troops. In 2006, Congress capped rates of interest on pay day loans to active responsibility users for the armed forces and their loved ones at 36per cent APR. This legislation expanded away from concern through the Department of Defense and base commanders that troops had been being caught in high degrees of cash advance financial obligation. This debt not just strained army families, moreover it threatened safety clearances and also by expansion readiness that is military. Banking institutions’ tries to design their pay day loans to evade the law that is federal once again places our troops at an increased risk.