VaPERL

Virginia Partnership to Encourage Responsible Lending

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Need Help With A Payday Loan?

If you or someone you know is in a payday loan and needs advice, call Jay Speer of the Virginia Poverty Law Center for legal help at 800-868-8752 x12. For financial counseling, call Housing Opportunities Made Equal at 804-354-0641. You can also download our flyer: How Do I Get Out of the Payday Loan Debt Trap?

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Links

  • Center for Responsible Lending
  • Consumer Federation of America
  • National Community Reinvestment Coalition
  • Predatory Lending Association

Wise Words

"Virginia’s government has a basic responsibility to assure that its citizens are protected from predatory lending."

- Delegate John M. O'Bannon

Downloadable Resources

  • Info sheet – How Much Interest Do You Pay To Borrow $500? (.pdf)
  • Flyer – Meet their new targets (.pdf)
  • Flyer – Don't buy the database fix (.pdf)
  • Slideshow – Predatory Lending: The Problem and the Plea (.ppt)
  • Info sheet – Payday lenders target specific districts (.pdf)
  • Info sheet – Bureau of Financial Institutions Statistics (.pdf)
  • Info sheet – Payday Lending: Bad Business in Virginia (.pdf)
  • Info sheet – Localities asking for a 36% cap on payday loans (.pdf)

Videos

  • "Payday Advance Lenders" from TALKSHOW with Spike Feresten
  • Payday Employees Speak Out: Cameron Blakely Shares His Story
  • Payday Lending Victims: Marlies Sanders Tells Her Story
  • Former Payday Lending Employees Speak Out
  • Payday Loans Trap Borrowers: An Interview With A Former Payday Lender
  • What Exactly Is A "Payday Loan?"

Podcasts

  • Dana Wiggins discussing payday caps on WRVA

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