Some states that outlaw name loans have actually clashed…

That’s been an irritant in jurisdictions bordering Virginia. During 2009, the D.C. attorney general sued LoanMax and another loan provider, arguing that tv and radio ads lured residents of D.C. to Virginia, where they paid a lot more than 300 % interest. Read more “Some states that outlaw name loans have actually clashed with loan providers running simply over the edge from states that enable them.” →