Rate of interest caps harm consumers Lawmakers in Virginia appear poised to “fix” an elusive “predatory lending problem. ”

Rate of interest caps harm consumers Lawmakers in Virginia appear poised to “fix” an elusive “predatory lending problem. ” Lawmakers in Virginia appear poised to “fix” an elusive “predatory lending problem. cashnetusa ” Their focus could be the small-dollar loan market that presumably teems with “outrageous” interest levels. Bills before the construction would impose a 36 % rate of interest …