States / Virginia / HB 1309

HB 1309 Enacted

Consumer finance companies; additional charges.

Introduced
In Committee
Floor
Crossed Over
Passed
Enacted

Consumer finance companies; additional charges. Provides that, for the purposes of the prohibition on additional charges by consumer finance companies, exceptions to such prohibition include (i) charges for guaranteed asset protection waivers for the protection and benefit of the borrower in connection with any loan and (ii) charges for guaranteed asset protection insurance for the protection and benefit of the borrower in connection with any loan.

Chamber
House
Introduced
Jan 16, 2026
Last action
Apr 8, 2026 — Acts of Assembly Chapter text (CHAP0464)
Session
2026
Momentum
86 · Very high