Rep. Peters Fights to Protect Servicemembers from Predatory Loan Sharks

WASHINGTON – Today, on the floor of the U.S. House of Representatives, Congressman Scott Peters (CA-52) fought to stop predatory lenders from preying on our country’s active-duty servicemembers.

“This is an acute problem in San Diego given the scale of military personnel in our region,” Rep Peters said. “When our men and women in uniform return from deployment overseas they shouldn’t have to worry about being scammed or preyed upon by those trying to exploit their service to our country.”

Congressman Peters’ amendment passed the House, and comes after he worked on a bipartisan level with Rep. Robert Goodlatte (VA-06), Chair of the Judiciary Committee, and Rep. Steve Chabot (OH-01), Chair of the Small Business Committee, to move these protections forward.

Rep. Peters’ floor speech can be seen by clicking HERE or on the image below. The text of his amendment can be read HERE.

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