(Reuters) - WASHINGTON, April 9 - The U.S. Defense Department will propose curbing lending practices it considers predatory, such as payday loans, car title lending and tax refund anticipation loans, to military service members and their families, a draft of the proposal showed.
"A major concern of the department has been the debt trap some forms of credit can present for service members and their families already burdened with debt and recurring bills," the Pentagon said in its proposal.
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