Virginia Legislation Designed to Cap Interest Rates for Credit Highlights Policy Misunderstanding on Lending

The State of Virginia is considering legislation designed to limit the interest charged on credit to consumers. The Federal government is also reviewing a similar approach to credit cards, but once again, policymakers are looking to apply price-fixing to a market driven by supply and… Read More
Read more in: Fintech, Opinion, Politics, Legal & Regulation | Tagged AFC, american fintech council, credit, lending, SB 1252, virginia