Latest Breaking News On - Bureau of financial institutions - Page 6 : comparemela.com

Banks vs. VACU legal dispute slogs on - Richmond BizSense

A state examiner has recommended that Virginia Credit Union be allowed to offer membership to the Medical Society of Virginia.

Virginia SCC highlights upcoming National Consumer Protection Week

The State Corporation Commission reminds Virginians that National Consumer Protection Week begins Sunday.

Maine senator calls for crackdown on 'snake oil and fine print' payday loans

Maine senator calls for crackdown on ‘snake oil and fine print’ payday loans State Sen. Rick Bennett of Oxford calls for limits on how much lenders can charge for short-term loans to hard-pressed Mainers. Share The effective U.S. payday loan interest rates, by state, for a $300 loan. In Maine, it’s 217%, the second highest in New England. Center for Responsible Lending Desperate for cash and unable to access traditional lenders for all sorts of reasons, some Mainers turn to financial outfits that give out payday loans with terms that are sometimes impossible to pay back. In a bid to offer better protection, state Sen. Rick Bennett, R-Oxford, told a legislative committee this week that too many Mainers are “misinformed, bilked, conned and abused by unscrupulous predator lenders, often when they are in dire personal circumstances as well and most vulnerable to snake oil and fine print.”

Maine senator calls for crackdown on 'snake oil and fine print' payday loans

National Consumer Protection Week: Herring, SCC highlight consumer resources

National Consumer Protection Week: Herring, SCC highlight consumer resources Published Monday, Mar. 1, 2021, 10:06 am Join AFP s 100,000+ followers on Facebook Purchase a subscription to AFP | Subscribe to AFP podcasts on iTunes News, press releases, letters to the editor: augustafreepress2@gmail.com (© ngad – stock.adobe.com) National Consumer Protection Week is underway, and Attorney General Mark Herring and the State Corporation Commission are highlighting the resources available to consumers. The AG’s office works through its Consumer Protection Section to protect Virginians from being exploited by abusive, deceptive, predatory, or illegal business practices. Since 2014, CPS has recovered approximately $356 million in relief for consumers and payments from violators and transferred more than $59 million to the Commonwealth’s General Fund.