Crackdown on high-interest loans — blocked for ten years in Richmond — clears a vital first hurdle

Crackdown on high-interest loans — blocked for ten years in Richmond — clears a vital first hurdle RICHMOND — A bill that bans the sort of online loans that hit Virginians with interest levels often surpassing 900% passed a vital first hurdle in the General Assembly on Thursday. The legislation focusing on the web firms [...]