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A federal judge in Richmond is giving preliminary approval to a class-action settlement providing almost $500 million in relief to victims of an online predatory lending scam.
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When the pandemic struck, many businesses were struggling to survive – especially restaurants that did not have the right connections at banks to help them secure federal bailout money.
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Candidates in the Democratic primary for attorney general are clashing over predatory lending.Attorney General Mark Herring is going on the offense…
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Lawmakers are about to consider a significant change to legislation aimed at cracking down on predatory lending.When lawmakers left Richmond last month,…
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Lawmakers in Richmond are trying to crack down on high-interest loans. But, advocates against predatory lending are concerned about new loopholes that…
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Virginia may be on the verge of losing car-title lenders and payday lenders. But, several other low-interest lending companies may be moving in to take…
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Legislation aimed at reigning in high-interest loans will get attention in the state Senate later today.When a pipe burst in James Johnson’s house in…
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Some are hoping this will finally be the year that lawmakers crack down on high-interest lenders now that Democrats are taking control of the General…
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Since the election of President Trump in 2016, efforts to crack down on predatory lending in Washington have all but ended. That’s causing a fair amount…
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In Richmond, a bipartisan coalition is cracking down on predatory lending.Walk into a payday lender, and there are dozens of rules they have to follow to…