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Over 102,815 Virginians took away more $137 million in car term loans in the 2019, and you may almost ten,100 Virginians got their autos repossessed and offered getting failure so you can pay back an automible name loan

Even lawful fund would be economically high-risk and you may pitfall consumers within the a financial obligation stage; Herring served full predatory lending reforms this past year that ran towards the impact

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