In a press release, the Democrat said he would seek to terminate TitleMax’s lease at 5265 Lee Highway, should that building be included in a land swap between its owner, Virginia Hospital Center, and Arlington County.
Dorsey has also launched an online petition, asking residents to support him in his call to “do all we can to protect Arlingtonians from predatory lending practices.”
The press release from Dorsey’s campaign:
Christian Dorsey, a Democratic nominee for the Arlington County Board, attended a public forum on Wednesday at the Virginia Hospital Center discussing the process for a potential deal between Arlington County and the hospital for County-owned land adjacent to the hospital’s property. One potential deal includes a land swap, where Arlington County would acquire property currently owned by the hospital on the corner of Lee Highway and North George Mason Drive. That property is currently being leased by TitleMax, Inc., a predatory vehicle title lender.
Should Arlington acquire the property, Dorsey committed to opposing any lease renewal for TitleMax. He went further by promising to explore all possible ways to terminate the lease early in the case that Arlington becomes the owner of the property.
“Predatory lenders charge desperate families up to 264% interest on loans,” said Dorsey. “Arlington County should not be in the business of profiting off of those that prey on our most vulnerable populations. That’s why I will oppose any extension of the lease to TitleMax should Arlington acquire the property. Further, I will pursue all avenues that would allow us to terminate that lease upon acquisition of the land.”
“Predatory lending runs counter to our values here in Arlington,” continued Dorsey. “Richmond should be ashamed that they allow these businesses to operate with so little regulation. Charging over 260% interest on a car title loan should not be permissible under any circumstances, and I’ll do everything in my power to stop these businesses from preying on Arlington’s vulnerable working families.”
Good Monday evening, Arlington. Today we published 5 articles that were read a total of 8250 times… so far. 📈 Top stories The following are the most-read articles for today…
A number of options have emerged for upgrading an iffy portion of the Arlington Blvd Trail. Engineers found it would be possible to accommodate a trail up to 11 feet…
Searching for a gift for the car enthusiast in your life? CarCare To Go has the 4 best gifts to give this season.
A Rosslyn-based cybersecurity company is providing free cybersecurity training to Black girls and women via a partnership with a local nonprofit, Black Girls Hack.
Join us at Art House 7 this Saturday 4-7pm for our Annual Open House – Teacher and Student art show!
Meet our teachers
See student and teacher artwork
Teacher’s paintings, ceramics, notecards will be for sale
Enjoy beverages and light refreshments
All attendees get a $20 gift certificate off a class
30% off everything in our Supply Store for holiday gifts
Sat. Dec. 3, 4-7pm
Art House 7
The Alternative Christmas Market is back! At First Presbyterian Church Arlington in Ballston, located at 601 N. Vermont Street, Arlington VA 22203, on Sunday, December 4th from 9:30am to 1:00pm. Parking available.
Vendors and products this year include: 10,000 Villages, Olive Oil Ministry, African Team Ministries, Community Coalition for Haiti, Heifer, African Market Baskets, Café Justo, Thistle Farms, Southwest Indian Foundation, and Together We Bake.
Buy gifts for everyone on your list, and support these great organizations, artisans, and global neighbors. See you there!
NCE’s Holiday Concert will bring the finest classical masterpieces and holiday favorites together for the whole family. The festivities begin with Leroy Anderson’s classic “Sleigh Ride” and “Chanukkah Festival”, music from the Nutcracker and by J.S. Bach.
Outstanding Young Artist