“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 HironoHirono tells Ted Cruz to stop 'mansplaining' 'Killibuster': Democratic angst grows as filibuster threatens agenda Senate on collision course over Trump DOJ subpoenas 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 ReedJack ReedHouse lawmakers introduce bill to overhaul military justice system Pentagon chief backs change to military sexual assault prosecution Overnight Defense: Joint Chiefs warn against sweeping reform to military justice system | Senate panel plans July briefing on war authorization repeal | National Guard may have 'training issues' if not reimbursed MORE (R.I.), Dick DurbinDick Durbin'Killibuster': Democratic angst grows as filibuster threatens agenda Biden administration to back bill ending crack, powder cocaine sentence disparity: report The Hill's Morning Report - Presented by Facebook - Democrats await Manchin decision on voting rights bill MORE (Ill.), Mark UdallMark Emery UdallKennedy apologizes for calling Haaland a 'whack job' OVERNIGHT ENERGY: Haaland courts moderates during tense confirmation hearing | GOP's Westerman looks to take on Democrats on climate change | White House urges passage of House public lands package Udalls: Haaland criticism motivated 'by something other than her record' MORE (Colo.), Joe DonnellyJoseph (Joe) Simon DonnellySupreme Court battle could wreak havoc with Biden's 2020 agenda Republicans fret over divisive candidates Everybody wants Joe Manchin MORE (Ind.), Brian Schatz (Hawaii), Tom UdallTom UdallSenate Democrats befuddled by Joe Manchin Study: Chemical used in paint thinners caused more deaths than EPA identified Oregon senator takes center stage in Democratic filibuster debate MORE (N.M.), Richard Blumenthal (Conn.), Bill NelsonClarence (Bill) William NelsonSupreme Court battle could wreak havoc with Biden's 2020 agenda NASA's sudden interest in Venus is all about climate change Demings raises million after announcing Senate bid against Rubio MORE (Fla.), Tom HarkinThomas (Tom) Richard HarkinWe need a voting rights workaround Romney's TRUST Act is a Trojan Horse to cut seniors' benefits Two more parting shots from Trump aimed squarely at disabled workers MORE (Iowa), Sheldon WhitehouseSheldon WhitehouseWhitehouse says family won't resign from beach club Beach club linked to Sheldon Whitehouse denies reports that it's all-white Progressive groups ramp up pressure on Feinstein MORE (R.I.), Claire McCaskillClaire Conner McCaskillSupreme Court battle could wreak havoc with Biden's 2020 agenda The Hill's Morning Report - Presented by Uber - Jan. 6 commission vote delayed; infrastructure debate lingers into June Missouri Republicans move to block Greitens in key Senate race MORE (Mo.), Elizabeth WarrenElizabeth WarrenSchumer vows to advance two-pronged infrastructure plan next month Overnight Health Care: CDC panel meets on vaccines and heart inflammation | Health officials emphasize vaccine is safe | Judge rules Missouri doesn't have to implement Medicaid expansion Democrats urge Biden to extend moratorium on student loan payments MORE (Mass.), Jeff MerkleyJeff MerkleySchumer vows next steps after 'awful' GOP election bill filibuster Progressives fear nightmare scenario over voting rights assault This week: Senate set for voting rights fight MORE (Ore.), Al FrankenAlan (Al) Stuart FrankenAl Franken to launch 15-stop comedy tour Democrats, GOP face crowded primaries as party leaders lose control Gillibrand: 'I definitely want to run for president again' MORE (Minn.), Ed MarkeyEd Markey'Fairplay' to launch campaign for children's online protection 'Killibuster': Democratic angst grows as filibuster threatens agenda Biden risks break with progressives on infrastructure MORE (Mass.), Kirsten GillibrandKirsten GillibrandOvernight Defense: Joint Chiefs chairman clashes with GOP on critical race theory | House bill introduced to overhaul military justice system as sexual assault reform builds momentum House lawmakers introduce bill to overhaul military justice system Pentagon chief backs change to military sexual assault prosecution MORE (N.Y.), Mark WarnerMark Robert WarnerBiden at Sen. John Warner's funeral: He 'gave me confidence' White House advisers huddle with Senate moderates on infrastructure Biden risks break with progressives on infrastructure MORE (Va.), Ron WydenRonald (Ron) Lee WydenHeat wave sparks historically unseasonable wildfires in West Biogen opens door to adjusting price of Alzheimer's drug amid outcry Overnight Health Care: White House acknowledges it will fall short of July 4 vaccine goal | Fauci warns of 'localized surges' in areas with low vaccination rates | Senate Finance leader releases principles for lowering prescription drug prices MORE (Ore.), Patty MurrayPatricia (Patty) Lynn MurrayDemocrats block GOP bill to lift mask mandate on public transportation Public option fades with little outcry from progressives Senate GOP blocks bill to combat gender pay gap MORE (Wash.), Sherrod BrownSherrod Campbell BrownBiden to fire FHFA director after Supreme Court removes restriction Cutting critical family support won't solve the labor crisis Democrats make full-court press on expanded child tax credit MORE (Ohio), Martin HeinrichMartin Trevor HeinrichSchumer vows to only pass infrastructure package that is 'a strong, bold climate bill' FBI warns lawmakers of violence from QAnon conspiracy theorists Overnight Energy: Company officially nixes Keystone XL pipeline | Government watchdog finds failings, but no Trump influence, in clearing of Lafayette Square MORE (N.M.) and Tammy BaldwinTammy Suzanne BaldwinOvernight Defense: Pentagon pulling some air defense assets from Middle East | Dems introduce resolution apologizing to LGBT community for discrimination | White House denies pausing military aid package to Ukraine Democrats introduce resolution apologizing to LGBT community for government discrimination Overnight Health Care: Takeaways on the Supreme Court's Obamacare decision | COVID-19 cost 5.5 million years of American life | Biden administration investing billions in antiviral pills for COVID-19 MORE (Wis.) signed the letter.