A Ban On High-Cost Loans Can Be Coming

A Ban On High-Cost Loans Can Be Coming The Military Lending Act caps yearly interest on loans to army users at 36% and provides other safeguards. Now, lawmakers are proposing to increase that security to veterans among others. Sid Hastings/AP hide caption The Military Lending Act caps yearly interest on loans to army users at 36% and provides other safeguards. Now, lawmakers are proposing to