Keywords: US Navy 060823-N-6843I-073 Commander, Navy Region Southwest Rear Adm. Len R. Hering Sr. speaks to reporters during a press conference for assembly bill (AB) 1965 at the California State Capitol building.jpg en Sacramento Calif Aug 23 2006 - Commander Navy Region Southwest Rear Adm Len R Hering Sr speaks to reporters during a press conference for assembly bill AB 1965 at the California State Capitol building AB 1965 is a proposal to help stop predatory lending practices such as charging service members high interest rates on short-term loans A survey by the Defense Manpower Data Center showed that 13 percent of Sailors have used predatory loans in the last 12 months where interest rates can exceed 1 000 percent and cost military members and their families more than 80 million in yearly fees U S Navy photo by Mass Communication Specialist 3rd Class S C Irwin RELEASED 2006-08-23 060823-N-6843I-073 Navy http //www navy mil/view_image asp id 38434 U S Navy photo PD-USGov-Military-Navy Images from US Navy location SACRAMENTO Calif Loans Leendert R Hering Sr |