Title lending under attack in VA
December 5, 2008 | Virginia, alternatives | Comments (0)From the article:
Consumer advocates plan to join loan customers today in front of about 10 loan stores across Virginia, including one in Alexandria, to discourage consumers from taking out the loans.
“We’re trying to rescue people who are trying to get these loans,” said Jay Speer, executive director of the Virginia Poverty Law Center. “We’ll be . . . trying to educate people what they really might be spending and that they could get their car taken away.
“Consumer” advocates have no answers as to how persons with bad credit can get access to small loans.
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