Crackdown on high-interest loans — blocked for ten years in Richmond — clears a crucial first hurdle RICHMOND — A bill that bans the sort of online loans that hit Virginians with interest levels often surpassing 900% passed a vital first hurdle in the General Assembly on Thursday. The legislation targeting the internet organizations additionally would slash fees levied for payday, vehicle name along with other loans that are short-term. It passed the home Labor and Commerce Committee 14-8. a…