Military says loan that is payday in Georgia detrimental to troops which can be young

Military says cash advance providers in Georgia harmful to troops which are young

The military warned Wednesday that the illegal payday loan industry in Georgia is preying on young sailors and soldiers, endangering their morale and combat readiness by giving prepared cash at high costs that may cause catastrophe this is certainly economic.

At a hearing that is legislative the situation, Capt. John Cohoon, commanding officer when it comes to Kings Bay submarine base, stated payday lenders line the street for their base just it comes to short-term loans which pack an interest-rate wallop because they think about young sailors and Marines ripe goals when.