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Mark Herring Attorney General
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ATTORNEY GENERAL HERRING SUES ALLIED TITLE LENDING, LLC TO MAKE OPEN-END CREDIT LOANS PURPORTED TO VIOLATE CONSUMER STATUTES
AG Herring seeks restitution with respect to affected customers
RICHMOND (September 13, 2017) – Attorney General Mark R. Herring filed case against open-end credit plan loan provider, Allied Title Lending LLC, d/b/a Allied advance loan for presumably making unlawful, unlicensed loans at 273.75% yearly interest, as well as for breaking the Virginia consumer finance statutes therefore the Virginia customer Protection Act regarding the the business’s financing practice.
“Virginia consumers have the right you may anticipate that loan providers that conduct company within the Commonwealth and therefore benefit from recharging these high rates of interest will adhere to our laws and regulations,” stated Attorney General Herring. “we have always been focused on enforcing customer security regulations whenever it becomes clear they’ve been violated and I also want to hold loan providers accountable to Virginia’s residents for his or her conduct.”
Attorney General Herring is looking for restitution with respect to customers, civil charges, lawyers’ charges, and asking the court to ban Allied from further breaking the Virginia open-end credit statute, our consumer finance statutes, while the Virginia customer Protection Act. Continue reading “Attorney General of Virginia. Commonwealth of Virginia workplace associated with Attorney General”