Officials Issue Warning About Unregulated, Predatory Lending Practices

Virginia Attorney General Mark Herring is announcing a new effort to crack down on predatory lending. But, as Michael Pope tells us, his office is limited by existing law. Car-title lenders are allowed to charge interest rates that are higher than 200%. 

  1. Leave a comment

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: