Category: Predatory Lending

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Virginians Hurt by Discriminatory Mortgage Practices

Virginians Hurt by Discriminatory Mortgage Practices

Crossposted on Take Me Home VirginiaA mortgage company from Midlothian VA has recently settled with the U.S. Justice Department because of discriminatory mortgage practices:C& ...

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Virginia payday lenders made 9.2 million illegal loans

Virginia payday lenders made 9.2 million illegal loans

Add the Virginia Supreme Court to the list of organizations and individuals that understand payday lenders are peddling family-crushing debt. The Virginia Supreme Court ruled last ...

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Dear Abby: “I don’t want to work for the payday loan industry!”

Dear Abby: “I don’t want to work for the payday loan industry!”

The following is a Dear Abby letter published in the KC Star. Even in a recession, the letter writer concludes that no-work is better than working in the predatory lending industr ...

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On Car Title Lending, Virginia is not acting very neighborly.

On Car Title Lending, Virginia is not acting very neighborly.

Originally Posted on March 29, 2011 by Take Me Home VirginiaThis is a guest post by Connellee Armentrout. Connellee is originally from Roanoke, Virginia and is a second year ...

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House Vote on Car Title Lending: Money Wins Out Over Common Sense

House Vote on Car Title Lending: Money Wins Out Over Common Sense

Yesterday the House voted in favor of SB 1367 which would allow out of state drivers to take out a title loan in Virginia. The bill expands predatory lending and rolls back much o ...

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Are Predatory Lenders Trying to Change Virginia’s Tourism Slogan?

Are Predatory Lenders Trying to Change Virginia’s Tourism Slogan?

We are wondering how the tourism bureau will market Virginia's newest potential distinction: the predatory lending capital of the eastern U.S?The Virginia Poverty Law Center h ...

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Virginia is for Predatory Lending

Virginia is for Predatory Lending

Today, the House Commerce and Labor Committee voted to report SB 1367---the Bill to allow Virginia to export usury.  The bill would allow car title companies to give loans to ...

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Because Hallmark doesn’t make Valentines on predatory lending.

Because Hallmark doesn’t make Valentines on predatory lending.

Predatory lending stinks!  For years we have fought against predatory lending during the General Assembly and this year is no exception. On Valentine's day, we visited al ...

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Imagine being told, “Ooops, your foreclosure was a mistake.”

Imagine being told, “Ooops, your foreclosure was a mistake.”

Have you ever called your phone company, bank or mortgage company and been told something different by every single representative you spoke to?  Poor communications and misl ...

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Take Action: Critical Votes on Predatory Lending Tomorrow!

Take Action: Critical Votes on Predatory Lending Tomorrow!

Predatory lending continues to be a focus of the 2011 Virginia General Assembly session and we have a chance to make real progress. Once again our elected officials have an opport ...

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