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Why military personnel fall prey to payday lenders

May 17, 2013
The government provides countless resources to help military families with financial literacy and even offers low interest loans to help them in times of emergency. So, why are many troops opting to take out risky payday loans instead?
Posted In: payday loans, lenders, military, Army
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Protecting troops from a different kind of harm — predatory loans

May 16, 2013
Military brass, consumer advocates and lawmakers are trying to close loopholes in the Military Lending Act.
Posted In: installment loans, military
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The battle against high-cost lending to military families

May 15, 2013
Five years ago, the U.S. military banned payday and title-loans to military families, but small-dollar, high-interest lenders are getting around the Military Lending Act.
Posted In: military, installment loans
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Military hops on the 'Internet of Things'

May 8, 2013
The U.S. military has been thinking about the 'Internet of Things' -- networks of devices that talk to one another. But there are some major obstacles.
Posted In: defense, military, Internet
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Oh, the places David Petraeus could go

May 2, 2013
After accepting a teaching post at CUNY, the exalted and shamed former general is reportedly in talks with private equity giant KKR. What are the real job prospects for David Petraeus?
Posted In: David Petraeus, job search, military, Army
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Today's Army marches on its batteries while searching for alternatives

Apr 22, 2013
The Rapid Equipping Force seeks solutions to problems soldiers encounter in the field -- such as packing pounds and pounds of batteries on patrol.
Posted In: energy, military, batteries, Army
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The funding fight for cyber weapons and personnel

Apr 10, 2013
The Pentagon won't say what they are, but the Air Force has now officially designated six cyber technologies as "weapons."
Posted In: military, cybersecurity, cyberwar
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Sequester hits government contractors unevenly

Apr 2, 2013
Some government contractors take cuts in stride, others struggle.
Posted In: sequester, military, defense contractors
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What Iraq taught us about reconstruction

Mar 20, 2013
In his final report to Congress this month, U.S. Special Inspector General for Iraq Reconstruction Stuart Bowen said much of the $60 billion the U.S. spent on rebuilding Iraq was wasted.
Posted In: Iraq, military, afghanistan
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Military tuition cuts: A tangible sequester impact

Mar 11, 2013
The U.S. Army is freezing all new applications for its tuition assistance program because of the sequester. As David Gura reports, the elimination of the much relied-upon program is among the first tangible repercussions of the automatic budget cuts.
Posted In: sequester, sequestration, college, military

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How World Finance makes a killing lending on the installment (loan) plan

There is something fundamentally wrong with predatory lending businesses, whether they are pay day loans or installment contracts. The business...