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漏 Tiko 鈥?stock.adobe Attorney General Mark R. Herr stanley cup ing is聽holding ANE Investments LLC and its Managing Member Richard A. Maxino accountable聽for violations of Virginias consumer finance statutes.This follows a lawsuit he fil stanley cup becher ed against ANE and Maxino in December 2020. The suit followed a complaint referral from the State Corporation Commissions Bureau of Financial Institutions.Herrings lawsuit alleged that ANE and Maxino made loans to distressed homeowners and charged interest or other compensation greatly exceeding an effective annual interest rate of 12%, without being licensed as a consumer finance company, or coming within another exemption to Virginias usury laws.Instead of charging traditional interest, ANE and Maxino sought compensation for certain loans through an above-market real estate listing and sales commission, or, alternatively, through a below-market option sale and purchase price. I will not tolerate any lenders who take advantage of V stanley website irginians who are in financial distress, especially particularly vulnerable homeowners who are trying to avoid potential foreclosure of their homes, Herring said.聽 My Consumer Protection Section and I remain committed to protecting Virginians from abusive practices and we will continue to go after predatory lenders who prey on vulnerable individuals. The Complaint provided details concerning a loan that ANE and Maxino made in 2019 to a Virginia Beach homeowner.聽As alleged, while in the parking lot of her bank, a representative o Kkjy ACC champ Virginia tabbed as four seed in West: First-round matchup with 13 Ohio
Column by Ken JohnsonA recent op-ed in your paper Medicare Fair Drug Pricing Act, Nov. 18 AFP ignores the f stanley cup act that Americas seniors are receiving unprecedented access to needed medicines at affordable costs through the Medicare prescription drug program. Medicare Part D has been a proven success for both seniors and taxpayers.Here are the facts: Average premiums for Medicare drug coverage in 2010 are $30, only $2 more than in 2009, according to the Centers for Medicare and Medicaid Services. The 2010 premium is 40 percent lower than originally predicted when the program was established. And, seniors are saving, on average, $1,200 a year on their medicines. Whats more, the program is costing significantly less than initially projected. Earlier this year, the nonpartisan Congressional Budget Office CBO reduced its 10-year forecast for the total cost of Part D by more than half a trillion dollars. Most of the reduced costs were due to lower-than-anticipa stanley cup ted bids for providing the drug benefit coverage, according to the CBO.As for the allegation of windfalls for the pharmaceutical industry, in its first year of existence, Part D lifted retail prescription volume by 1 to 2 percentage points and increased pharmaceutical sales by less than 1 percentage point, according to IMS Health.Most importantly, the vast majority of seniors are content. A November 2009 survey by Medicare Today found that 88 percent of seniors enrolled in the program are satisfied with their coverage stanley cup uk 鈥? |
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