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Virginia league tracking payday lending measure
By Staff WriterRICHMOND, Va. - The Virginia Credit Union League is following a bill-H.B. 940-introduced January 9 by Del. Harvey Morgan (R-98) that establishes requirements for conducting payday lending. Among the bill's provisions, it caps the fee that a payday lender can charge at $15 per $100 advanced to the borrower; the...
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