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More than 102,815 Virginians got out more $137 million in-car name loans from inside the 2019, and you may nearly 10,100 Virginians got its trucks repossessed and marketed to possess inability to pay back a vehicle identity financing

Actually lawful fund should be economically risky and trap consumers into the a loans period; Herring offered full predatory financing reforms last year you payday loans Evergreen to ran toward effect

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