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LoanMax is the most generous contributor of the high-interest loan industry, donating $350,000 this election cycle.

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Following the Money from High-Interest Lenders to Virginia Lawmakers

Campaign cash helps undermine efforts to create consumer protections.

Recent years have seen increased scrutiny of high-interest lenders, businesses that offer a variety of loans at interest rates that often exceed 300 percent. Now campaign finance disclosures show the industry is spreading its influence across the political spectrum with about $800,000 in political contributions this election cycle according to data from the Virginia Public Access Project.

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josephmontiel 1 week, 5 days ago

I will agree that if I create my thesis and I'm a teacher who cannot squeeze one more minute into my work day without forgoing sleep, paying me more won't GIVE me that time and thus improve my work, especially not in the short term - but in the long term, relatively low pay is making the entire field of teaching less attractive.

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