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In 2007 the [[United States Department of Defense|US Department of Defense]] exempted installment loans from legislation designed to prohibit [[predatory lending]] to service personnel and their families, acknowledging in its report<ref>Limitations on Terms of Consumer Credit
Extended to Service Members and Dependents; Final Rule [http://edocket.access.gpo.gov/2007/pdf/07-4264.pdf]</ref> the need to protect access to beneficial installment credit while closing down less safe forms of credit.<ref>[https://www.hani.co.il/ Fast Credit Guide]</ref>
== History ==
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