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Sky-high interest loan practices thrive in Virginia

Posted: August 18, 2012

By Conor Gallagher

The Winchester Star

Cash Point and Money Max are two title loan companies at the Valley Avenue-Weems Lane intersection in Winchester. (Photo by Scott Mason/The Winchester Star)
Loansmart and Fast Car Title Loans face each other across Valley Avenue in Winchester. (Photo by Scott Mason/The Winchester Star)

WINCHESTER — Two years ago, Mildred Morris needed $700 to reserve a dormitory room for her son, who was entering his freshman year of college.

The Martinsburg, W.Va., woman didn’t have enough...



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