ATTORNEY GENERAL HERRING SUES ALLIED TITLE LENDING, LLC TO MAKE OPEN-END CREDIT LOANS PURPORTED TO VIOLATE CUSTOMER STATUTES
AG Herring seeks restitution on the behalf of 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 breaking the Virginia customer finance statutes together with Virginia customer Protection Act relating to the business’s lending training.
“Virginia customers have the right you may anticipate that loan providers that conduct company within the Commonwealth and that benefit from billing these interest that is high will adhere to our laws and regulations,” stated Attorney General Herring. “we have always been aimed at consumer that is enforcing legislation 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, solicitors’ charges, and asking the court to ban Allied from further breaking the Virginia open-end credit statute, our customer finance statutes, and also the Virginia customer Protection Act. Continue reading “Without a doubt about Attorney General of Virginia”