The Virginia Poverty Law Center lawyer wants citizens to know payday loans are back. As WFIR’s Denise Allen Membreno reports, out of state lenders are not following Virginia Law.
The Virginia Poverty Law Center wants Virginians to be aware of FinTech lenders and avoid their high interest rate loans. A lawyer with the VPLC says policy changes are necessary to help those who are having trouble making ends meet. WFIR’s Denise Allen Membreno has more.
https://www.scc.virginia.gov/consumers/banks-consumer-lenders/regulated-financial-institutions/