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Just how Virginia’s 2020 Fairness in Financing Work Reforms Small-Dollar Financing Law shuts regulating loopholes, limits interest rates, and sessions for other claims Table of materials This brief examines exactly how Virginia reformed its rules to achieve an even more modern-day, vibrant, and consumer-friendly small-loan industry. Virginias success provides replicable lessons for policymakers in other …

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FTC Halts Deceptive Payday Lender That Took Millions From Consumers’ Accounts Without Authorization Defendants received repeated interest-only charges, making customers to cover significantly more than promised The Federal Trade Commiion has charged a lending that is payday with deceptively overcharging customers huge amount of money and withdrawing money over and over over and over repeatedly …

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