Usury Laws By State Usury is the practice of charging unreasonably high, exorbitant, and sometimes illegal interest rates on loans. Usury can also include late fee charges for collections. Each state in America has its own statute which dictates how much interest can be charged before it is considered usurious or unlawful. Usury Laws By State ALABAMA - the legal … [Read more...]
Virginia Debt Collection Laws
Virginia Debt Collection Laws In addition to being regulated by the Fair Debt Collection Practices Act (FDCPA), Virginia collection agencies are also regulated by Virginia debt collection laws. Discover: Virginia collection requirements, bad check laws (NSF), statutes of limitations for both debts and judgments, garnishments plus Virginia collection agency license and bonding … [Read more...]