January 16, 2017
Sen. Scott Surovell (D-36) presents his bill to the Senate Commerce and Labor Committee.
Stories this photo appears in:
Senate Panel Approves Crackdown on Internet Lenders in Virginia
Bill would subject unregulated loans to rules that apply to consumer-finance loans.
The Wild West of online lending is about to become a little tamer. That’s because a state Senate panel narrowly approved a bill that would subject internet loans to the same restrictions that currently exist for consumer finance loans, a move that would cramp the anything-goes culture of online loans in Virginia.
Comments
Sign in to comment
Or login with:
OpenID