Geoff Davis - Loan Shark's best friend
Found at Crooks & Liars and Think Progress. Geoff Davis is just another conservobot KY politician ala Jim "I used to play baseball" Bunning and Mitch "Mo Money" McConnell
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Conservative Congressman Blocking Crackdown on Predatory Lenders Targeting U.S. Troops
Predatory lenders are seriously harming the U.S. military, and one member of Congress is fighting to keep it that way.
A Pentagon report last month found that as many one in five U.S. service members “are being preyed on by loan centers set up near military bases” that can charge interest of 400 percent or more. Increasingly, soldiers have debt levels so high they are barred from serving overseas; others suffer from “bankruptcies, divorces and ruined careers.” (More facts HERE.)
The Pentagon has joined consumer, military, and veterans groups in backing a bipartisan amendment from Sens. Jim Talent (R-MO) and Bill Nelson (D-FL) that places a cap of 36 percent on high interest rates for short-term payday loans to military members.
But one conservative congressman, Rep. Geoff Davis (R-KY), is trying to gut the amendment. Davis has proposed his own language — praised by the payday lending industry — that sets no real limits on predatory lenders. One of Davis’s aides admitted last week that he consulted on the legislation with “CNG Financial of Mason, Ohio, one of his top campaign donors and owner of national payday lender Check ‘n Go.”
Today may be the last day to stop Davis in his tracks. Call his office now and tell him to stop enabling predatory lenders who are hurting the U.S. military.
Call now:
Davis’s office:(202) 225-3465
Toll-free congressional switchboard
ask for Davis’s office):(866) 808-0065
Let Think Progress know here. Of course the best thing you could do if you're in this district is to vote for Ken Lucas and get rid of this clown. At the moment "Loan Shark" Davis has a large money advantage(wonder where that money came from) if you can give to the Democrat Ken Lucas's campaign.
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