A Senate committee Wednesday afternoon approved two bills to prevent payday cash advance and car title lenders from charging triple-digit interest rates.

The bills, already approved by the House, were sent for a vote on the Senate floor with minor amendments.
They expand a bill passed by the Legislature last year, though it does not go into [...]

Another great article from Payday Loan times on the the Virginia court ruling on payday loan companies accused of predatory lending practices.

What more evidence do they need?
The state legislators who are so willing to do the bidding of a predatory business should check the latest evidence. The numbers for 2006 are in, and what they [...]