Categorized | local issues, Virginia

More small town nonsense

From the story:

The Henry County Board of Supervisors will consider a proposed resolution that calls for state legislators to impose stricter guidelines on payday lending institutions.

 The proposed resolution urges state legislators to enact laws during the 2011 General Assembly session that would strictly prohibit and deter predatory lending practices, including imposing an annual 36 percent interest rate cap for any consumer credit extended in Virginia.

I remember when city councils worried about funding the fire department and putting up traffic lights.

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