Virginia is stopping your debt trap, no compliment of regulators that are federal We’ve been fighting lending that is predatory Virginia for longer than two decades. The Virginia Poverty Law Center’s hotline has counseled numerous of title and payday loan borrowers trapped in a period of financial obligation. For a lot of, a payday that…

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Brand New Pay Day Loan Rule Protects Borrowers From Sinking Into Debt A difficult brand new guideline laid away by federal regulators Thursday can certainly make pay day loans and other kinds of high-risk borrowing safer for customers. The customer Financial Protection Bureau released the guideline, that may: Require loan providers to confirm a borrower’s…