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OR legislation aims to protect against debt collection practices

Oregon lawmakers could add greater safeguards for consumers from debt collectors this session. The Family Financial Protection Act of Oregon includes a suite of provisions to shield consumers, including ensuring people can keep more of their wages from being garnished to pay back debts. State Sen. ...
North Dakota United States Jay Speer Chris Gorsek Kristen Johnson Josh Askvig

Legal advocates look to defend VA Fairness in Lending Act

Virginia legal advocates are on the lookout for attempts to subvert the states Fairness in Lending Act. The 2020 law establishes a fair regulatory framework for lending in the state - but it seems some lenders are finding ways around it, such as referring to different types of loans as an "advance." A Consumer Reports investigation has found some "advances" have been offered at an interest rate of 490%. Jay Speer - executive director of the Virginia Pove...
United States North Dakota Jay Speer Chris Gorsek Kristen Johnson Josh Askvig

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