 The Consumer Financial Protection Bureau and the Federal Trade Commission, both federal regulatory agencies responsible for enforcing federal law with non-banking institutions, admit that they do not have the authority to enforce the Military Lending Act, which states that military members and their families can pay an APR no higher than 36%, while banning loans to service members that would be secured through their banking accounts, vehicles, or paychecks.Some lenders can move around the Military Lending Act's restrictions by offering open-ended credit loans instead of title loans or payday loans.This allows them to continue charging triple-digit APR on their loans.