RICHMOND, Va. (AP) — A VCU investment reports services history printed Feb. 20 through the relevant media about a bill to establish a cover on high-interest money erroneously noted the yearly desire expense on a $1,000 finance by CashNetUSA. At an annual rate of interest of 299 percentage, research monthly obligations of $268, the annual attention could be $2,213, perhaps not $15,000 after one-year and $200,000 after 2 years.
Delegate aims to rule in ‘predatory financial products,’ to no avail
You’re pre-approved!” CashNetUSA, a Chicago-based team, announced in correspondence to Alexandria homeowner level Levine
Budget Stories Service
RICHMOND, Va. – “You’re pre-approved!” CashNetUSA, a Chicago-based providers, exclaimed in a letter to Alexandria resident tag Levine. ”$1,000 is definitely wishing!” Littler print at the base regarding the solicitation observed which annual interest rate would be 299 %. Continue reading “Correction: CNS-Predatory Personal Loans facts. A corrected form of the story try below”