Virginia Becomes Hub for Risky Car Title Loans

By Frederick Kunkle, The Washington Post When Brenda Ann Covington needed money a few months ago, she had only one big item left to pawn: her Chevy truck. Covington used the 2005 Silverado pickup as collateral to borrow money from one of the growing number of Virginia businesses that lend cash against a person’s car. […]

12 Investigates: Homeowners Missing Out on Mortgage Settlement Money

By Rachel DePompa, NBC 12 Millions of dollars meant to help distressed homeowners, may never reach the intended target. The funds are Virginia’s share of a $25 billion settlement by five of the nation’s largest loan services that admitted to illegally abusive foreclosure practices and even fraud. Virginia’s portion was $66.5 million, awarded in one-time lump […]

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