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More 102,815 Virginians grabbed away more than $137 million in car identity loans within the 2019, and almost 10,000 Virginians got their vehicles repossessed and you may ended up selling having inability to help you pay off an auto term mortgage
Also legal fund is financially risky and you may trap customers in a debt period; Herring served comprehensive predatory credit reforms last year one to went on impression
RICHMOND () – While in the Federal Individual Cover Times, Attorney General iliarize themselves to your risks from the quick-buck finance along with on the web, short-term (previously pay day), car name, and you may open-stop fund, and to discover the liberties when you take aside one of them money. Continue reading „Jason S. Miyares Attorney Standard out of Virginia“