Cracking Down on Predatory Student Lenders
Northern Virginia lawmakers hope to regulate student-loan servicing companies.
Sen. Janet Howell (D-32) and Del. Marcus Simon (D-53) have introduced a bill they call the Borrowers Bill of Rights, which would use the power of the State Corporation Commission to crack down on what they call the egregious practices of student loan servicing companies.
It’s a Beautiful Day in the (Hall’s Hill) Neighborhood in Arlington
Growing up black in Arlington was not easy; good neighbors helped.
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Closing All the Loopholes
Democrats poised to impose new regulations on high-interest lenders.
The days of unregulated high-interest lending may be coming to a close in Virginia. Now that Democrats have seized control of the General Assembly, members of the Legislative Black Caucus say cracking down on predatory lending is one of their top priorities for the 2020 session.