Monday, September 8, 2008
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Search 2008 Bills:

SB694: Payday loans; prohibits lender from harrassing, oppressing, or abusing when collecting a debt.

Chief Patron

Sen. Don McEachin (D-9)

Don McEachin (D-9)
Richmond, VA
Served: 2008–

Progress

Yes Introduced
No Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Status

02/12/2008: Failed to Pass in Committee

View Entire History

Summary

Payday loans; collection practices.  Prohibits a payday lender, when collecting a payday loan, from (i) engaging in any conduct the natural consequence of which is to harass, oppress, or abuse any person in connection with the collection of a debt, (ii) using any false, deceptive, or misleading representation or means in connection with the collection of a debt, and (iii) using unfair or unconscionable means to collect or attempt to collect any debt.

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Video

Votes were cast on this bill on the following dates for which Richmond Sunlight has video: 01/23/2008, 01/23/2008, 02/06/2008, 02/06/2008 and 02/12/2008.

Comments

C. Douglas Smith writes:

I am guessing that the good Senator is referencing the calls where lenders are impersonating sheriffs and threatening to arrest people:

Support the
			Virginia Interfaith Center

Poll Results

5 votes

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Tags

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Bill Text

Related Bills

  • HB12
    Introduced: November 27, 2007
    Status: Passed the House
    : Payday Loan Act; requires SCC to contract with one or more parties to develop, etc. database.
  • HB176
    Introduced: December 26, 2007
    Status: In Committee
    : Payday Loan Act; requires SCC to contract with one or more parties to develop, etc. database.
  • SB156
    Introduced: January 07, 2008
    Status: Failed to Pass in Committee
    : Payday Loan Act; repealing Act referring thereto.
  • HB1103
    Introduced: January 09, 2008
    Status: Failed to Pass in Committee
    : Payday Loan Act; requires SCC to contract with one or more parties to develop, etc. database.
  • HB1351
    Introduced: January 09, 2008
    Status: Failed to Pass in Committee
    : Payday Loan Act; requires SCC to contract with one or more parties to develop, etc. database.
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