Crackdown on high-interest loans — blocked for a decade in Richmond — clears a vital hurdle that is first

Crackdown on high-interest loans — blocked for a decade in Richmond — clears a vital hurdle that is first RICHMOND — A bill that bans the sort of online loans that hit Virginians with interest rates often surpassing 900% passed a vital first hurdle in the General Assembly on Thursday. The legislation focusing on the […]

Is payday-loan crackdown into the interest that is public?

Is payday-loan crackdown into the interest that is public? Views from the customer Financial Protection Bureau’s recently announced restrictions from the loan that is payday are going to fall along governmental lines. Those from the right view the move as extortionate legislation blatantly inconsistent because of the Trump administration’s aim of repealing and relaxing federal […]