Virginia Poverty Law Center (VPLC) is committed to leading and coordinating efforts to seek justice in civil legal matters for lower income Virginians.
Consumer Law
What are Car title Lenders Afraid of?

What are Car title Lenders Afraid of?

  Facts.

 

Car title lenders are deathly afraid of anyone looking closely at what they are doing.  That’s why … Read more

$15 Million Settlement in a "Tribe for Hire" Scam!

$15 Million Settlement in a “Tribe for Hire” Scam!

Virginia Poverty Law Center filed a class action lawsuit almost 3 years ago after a man called our hotline about … Read more

Line of Credit lenders are out of control and need some reasonable limits

Delegate David Yancey has tried for years to put some reasonable limits on the odious practices of former payday lenders … Read more

Virginians caught in the line of credit loan debt trap tell their story

R. Z. (DINWIDDIE, VA)

I had fallen behind on rent, and to try to catch up on my bills I … Read more

Adding Internet Lending to Virginia's Consumer Finance Act - SB 1126 & HB 1443

Adding Internet Lending to Virginia’s Consumer Finance Act – SB 1126 & HB 1443

   SB 1126 and HB 1443 simply clarify existing Consumer Finance Act applies to loans made over the Internet to Virginians… Read more

Vote Yes on SB 1038

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Vote Yes on SB 1125

 … Read more

Here is what we have learned about internet loans from callers to our predatory loan hotline

Here is what we have learned about internet loans from callers to our predatory loan hotline  866-855-4501

 

The interest … Read more

What We Have Learned About “Line of Credit Loans” from Our Hotline Callers

Here are the lessons we’ve learned directly from borrowers’ experiences with open-end, “line of credit” loans.

 866-855-4501… Read more

 Borrowers get caught

Real Borrowers Should be at the Center of the CFPB Rule

Both the Virginia Partnership to Encourage Responsible Lending (VaPERL)  and the Virginia Poverty Law Center(VPLC)  submitted comments this fall on … Read more

Rubber Stamp Justice:  Can’t we stop this abuse?

Rubber Stamp Justice: Can’t we stop this abuse?

Rubber Stamp Justice:  Can’t we stop this abuse?

 

Human Rights Watch released a report in January entitled Rubber Stamp … Read more

CFPB imposes $8 million penalty on a company sued by VPLC last year

The Consumer Financial Protection Bureau (CFPB) took action this week against nationwide subprime credit reporting agency Clarity Services, Inc for … Read more

Dodd-Frank is only 5 years old—why are the big banks trying to kill it?

What is Dodd-Frank?  It is the financial reform law that passed Congress 5 years ago.  What are the big banks … Read more

Welcome to Shark Week 2015

Loansharks inflict economic violence on borrowers.

 

“We may think of violence as physical harm. But violence is defined as … Read more

New Lending Rules Will Protect Troops from Predatory Lending

The following is blog post from VPLC’s Director of Outreach and Financial Advocacy, Dana Wiggins:

Today the Obama Administration and … Read more