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Some online loan providers charge 900% interest and ignore Virginia legislation. So borrowers are suing.

Some online loan providers charge 900% interest and ignore Virginia legislation. So borrowers are suing.

Some online loan providers charge 900% interest and ignore Virginia legislation. So borrowers are suing.

A group that is loose-knit of, stung by triple-digit interest levels on payday as well as other loans, is wanting to accomplish exactly just just what the overall Assembly won’t — ensure all loan providers, including online people, follow Virginia laws and regulations. Leer más Acerca deSome online loan providers charge 900% interest and ignore Virginia legislation. So borrowers are suing.