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Virginia will split straight down on high-interest loans, as newer guidelines pass after failing for 10 years

  • date
  • August 18, 2021

Virginia will split straight down on high-interest loans, as newer guidelines pass after failing for 10 years RICHMOND — The General installation has voted to place a conclusion towards the triple-digit interest loans which have overrun tens and thousands of Virginians within the last many years. Both your house of Delegates while the state Senate has passed bills — the last version on Wednesday — that cap interest rates and charges on payday advances, vehicle name loans and available end lines of credit, like those Virginians organize on the web. The loans “trap...

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