Commonwealth of Virginia workplace regarding the Attorney General

Commonwealth of Virginia workplace regarding the Attorney General

Coalition of attorneys general opposes move to rescind CFPB guideline built to protect customers from dangerous financial obligation traps

Attorney General Mark R. Herring today joined a coalition of 25 attorneys opposing that is general Trump management’s efforts to remove guidelines protecting customers from abusive payday and car name loans. The states filed an formal remark page because of the customer Financial Protection Bureau (CFPB) opposing its proposed repeal of guidelines adopted in 2017 to safeguard customers from extortionate interest levels as well as other predatory techniques that trap consumers in rounds of financial obligation, while preserving usage of less-risky forms of short-term credit. Continue reading “Commonwealth of Virginia workplace regarding the Attorney General”