Virginia Attorney General's Office


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Virginia attorney general accuses major online lender of astronomical interest rates

By Mark Iandolo | May 14, 2018

RICHMOND, Va. (Legal Newsline) — Virginia Attorney General Mark R. Herring announced a lawsuit May 4 against Net Credit, a major online lender in the state, for allegedly violating the Virginia Consumer Protection Act.

New leadership at the CFPB means state AGs will be more active in financial consumer protection

By Karen Kidd | Apr 10, 2018

WASHINGTON (Legal Newsline) – Some states will be even more active in financial consumer protection enforcement now that the Consumer Financial Protection Bureau's new director has made it clear the bureau will stay out of the way, an expert on state attorneys general said during a recent interview.

Virginia alleges loan shark company charged consumers 183% interest

By Mark Iandolo | Mar 20, 2018

RICHMOND, Va. (Legal Newsline) — Virginia Attorney General Mark R. Herring announced a lawsuit March 7 against Future Income Payments LLC; FIP LLC; and their owner, Scott Kohn (collectively, "FIP"), for allegations of charging consumers illegal loans with interest rates as high as 183 percent annually.

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