“Given the many sacrifices military families make, it is deeply disturbing that predatory lenders would target them with exploitive financial schemes,” Sen. Mazie HironoMazie Keiko HironoDemocrats urge Rick Perry not to roll back lightbulb efficiency rules Overnight Energy: Lawmakers show irritation over withheld Interior documents | Republican offers bipartisan carbon tax bill | Scientists booted from EPA panel form new group Overnight Energy: Top Interior lawyer accused of lying to Congress confirmed | Senate set to deny funding for BLM move | EPA threatens to cut California highway funds MORE (D-Hawaii) said Wednesday. “I’m proud to join with my colleagues in urging the Department of Defense to tighten up financial protections for military families and close loopholes that leave service members vulnerable to these predatory practices.”

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The senators said payday lenders “cluster” around military bases and target advertising toward service members. 

The Department of Defense has the authority to write rules to protect service members from certain predatory loans, but the senators said the DOD failed to include high-interest products, such as overdraft loans, installment loans, nontraditional payday loans and nontraditional car title loans in its definition of “consumer credit.”

“Due to the narrow definition of consumer credit, certain lenders are offering predatory loan products to service members at exorbitant triple digit effective interest rates and loan products that do not include the additional protections envisioned by the law,” the letter stated. “Service members and their families deserve the strongest possible protections and swift action to ensure that all forms of credit offered to members of our armed forces are safe and sound.”

Currently, loans that fall under the definition of consumer credit are capped at an interest rate of 36 percent. The DOD is considering rule changes to its consumer credit protection program. The lawmakers said that if the DOD expanded its definition of consumer credit to apply to more types of loans, then rates for service members would not exceed the 36 percent mark.

In addition to Hirono, Democratic Sens. Jack ReedJohn (Jack) Francis ReedSenators fear Syria damage 'irreversible' after Esper, Milley briefing This week: Congress returns to chaotic Washington Fury over Trump Syria decision grows MORE (R.I.), Dick DurbinRichard (Dick) Joseph DurbinTrump judicial nominee delayed amid GOP pushback Schumer seeks focus on health care amid impeachment fever Senators take fundraising efforts to Nats playoff games MORE (Ill.), Mark UdallMark Emery UdallPoll: Trump trails three Democrats by 10 points in Colorado The Hill's Morning Report — Trump and the new Israel-'squad' controversy Colorado candidates vying to take on Gardner warn Hickenlooper they won't back down MORE (Colo.), Joe DonnellyJoseph (Joe) Simon DonnellyWatchdog accuses pro-Kavanaugh group of sending illegal robotexts in 2018 Lobbying world Trump nominees meet fiercest opposition from Warren, Sanders, Gillibrand MORE (Ind.), Brian Schatz (Hawaii), Tom UdallThomas (Tom) Stewart UdallDemocratic senators condemn Trump for calling on China to investigate Bidens Green groups line up behind Markey ahead of looming Kennedy fight Overnight Energy: Lawmakers show irritation over withheld Interior documents | Republican offers bipartisan carbon tax bill | Scientists booted from EPA panel form new group MORE (N.M.), Richard Blumenthal (Conn.), Bill NelsonClarence (Bill) William NelsonBottom Line Bottom Line Media and candidates should be ashamed that they don't talk about obesity MORE (Fla.), Tom HarkinThomas (Tom) Richard HarkinWisconsin lawmaker gets buzz-cut after vowing not to cut hair until sign language bill passed Democratic debates kick off Iowa summer sprint Key endorsements: A who's who in early states MORE (Iowa), Sheldon WhitehouseSheldon WhitehouseThe Hill's Morning Report - Tempers boil over at the White House Democrats urge Rick Perry not to roll back lightbulb efficiency rules Trump DOJ under fire over automaker probe MORE (R.I.), Claire McCaskillClaire Conner McCaskillIranian attacks expose vulnerability of campaign email accounts Ex-CIA chief worries campaigns falling short on cybersecurity Ocasio-Cortez blasts NYT editor for suggesting Tlaib, Omar aren't representative of Midwest MORE (Mo.), Elizabeth WarrenElizabeth Ann WarrenWarren warns Facebook may help reelect Trump 'and profit off of it' Martin Luther King Jr.'s daughter knocks Zuckerberg for invoking her father while defending Facebook Overnight Health Care — Presented by National Taxpayers Union — House Dems advance drug pricing bill | Cases of vaping-related lung illnesses near 1,500 | Juul suspends sales of most e-cigarette flavors MORE (Mass.), Jeff MerkleyJeffrey (Jeff) Alan MerkleyOvernight Defense — Presented by Boeing — House passes resolution rebuking Trump over Syria | Sparks fly at White House meeting on Syria | Dems say Trump called Pelosi a 'third-rate politician' | Trump, Graham trade jabs Senate confirms Trump's Air Force secretary pick Democratic senators condemn Trump for calling on China to investigate Bidens MORE (Ore.), Al FrankenAlan (Al) Stuart FrankenTake Trump literally and seriously in Minnesota Ninth woman accuses Al Franken of inappropriate contact Al Franken to host SiriusXM radio show MORE (Minn.), Ed MarkeyEdward (Ed) John MarkeyOvernight Defense — Presented by Boeing — House passes resolution rebuking Trump over Syria | Sparks fly at White House meeting on Syria | Dems say Trump called Pelosi a 'third-rate politician' | Trump, Graham trade jabs Senate confirms Trump's Air Force secretary pick Democratic senators condemn Trump for calling on China to investigate Bidens MORE (Mass.), Kirsten GillibrandKirsten GillibrandOvernight Defense — Presented by Boeing — House passes resolution rebuking Trump over Syria | Sparks fly at White House meeting on Syria | Dems say Trump called Pelosi a 'third-rate politician' | Trump, Graham trade jabs Senate confirms Trump's Air Force secretary pick Lobbying world MORE (N.Y.), Mark WarnerMark Robert WarnerLawmakers set to host fundraisers focused on Nats' World Series trip The Hill's 12:30 Report: Washington mourns loss of Elijah Cummings Lawmakers from both sides of the aisle mourn Cummings MORE (Va.), Ron WydenRonald (Ron) Lee WydenHillicon Valley: Zuckerberg defends handling of misinformation in political ads | Biden camp hits Zuckerberg over remarks | Dem bill would jail tech execs for lying about privacy | Consumer safety agency accidentally disclosed personal data Democratic senator introduces bill to jail tech executives for lying about privacy violations Overnight Defense — Presented by Boeing — House passes resolution rebuking Trump over Syria | Sparks fly at White House meeting on Syria | Dems say Trump called Pelosi a 'third-rate politician' | Trump, Graham trade jabs MORE (Ore.), Patty MurrayPatricia (Patty) Lynn MurrayDemocrats urge Rick Perry not to roll back lightbulb efficiency rules Biz groups say Warren labor plan would be disaster Freedom of the press under fire in Colorado MORE (Wash.), Sherrod BrownSherrod Campbell BrownCritics pounce as Facebook crypto project stumbles Trump administration blocked consumer watchdog from public service loan forgiveness program: report Democrats fear Ohio slipping further away in 2020 MORE (Ohio), Martin HeinrichMartin Trevor HeinrichSenate confirms Trump's Air Force secretary pick Commerce Department to develop stats on income inequality Senators take fundraising efforts to Nats playoff games MORE (N.M.) and Tammy BaldwinTammy Suzanne BaldwinFederal funding for Chinese buses risks our national security Democrats threaten to withhold defense votes over wall The Trump downturn: Trouble ahead for the US economy MORE (Wis.) signed the letter.