The Ongoing Efforts to Regulate Online Loans in Virginia

Mark Levine

Delegate Mark Levine, D-Alexandria, is part of a group that is hoping to impose new regulations on the online lending industry in Virginia. (Credit: AP Photo / Steve Helber)

No job? No credit? No problem, borrowers can go online to get a loan — and pay five thousand percent interest. But, as Michael Pope reports, that era might be coming to a close.

  1. Leave a comment

Leave a Reply

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

WordPress.com Logo

You are commenting using your WordPress.com 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 )

Google+ photo

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

Connecting to %s

%d bloggers like this: