Joint Statement from Woodstock Institute, Heartland Alliance, Shriver Center, Illinois PIRG FOR IMMEDIATE RELEASE: March 27, 2018 CONTACTS: Jody Blaylock, Heartland Alliance (jblaylock@heartlandalliance.org) 904-563-0882; Kevin Herrera, Shriver Center (kevinherrera@povertylaw.org); (312)549-9877 CHICAGO, IL— Thirty-six Illinois organizations declared their support for...
Letter to Illinois Members of U.S. Senate Dear Senators Durbin and Duckworth: The undersigned Illinois organizations urge you to oppose S.J. Res. 56, sponsored by Senator Lindsey Graham. This measure would repeal the Consumer Financial Protection Bureau’s (Consumer Bureau)...
By Lauren Nolan March 21,2018 On March 16, 2018, Crain’s Chicago Business ran an article titled “Chicago leads U.S. in underwater homes.” It discusses the findings of a recent report from the property data firm CoreLogic. According to the report, more...
Bank Lobbyist Act Treats Banks to Hodge Podge of Giveaways FOR IMMEDIATE RELEASE: March 16, 2018 Woodstock Institute Contact: Brent Adams (badams@woodstockinst.org) (312) 368-0310 CHICAGO, IL – The U.S. Senate passed S. 2155 on Wednesday, March 14, on a vote of...
Support SB 2433 – Check Cashing Fairness Act Ford-Harper-Lilly- Pritchard-Lang Feigenholtz-Thapedi-Harris-Hernandez-Tabares This bill, which passed the Senate 54-0, reflects an agreement among the major stakeholders on the issue of check-cashing fees at currency exchanges. The major stakeholders...
Changes at the Currency Exchange How Illinois Consumers Lessened the Blow of a Check-Cashing Rate Hike A coalition of consumer advocates and the Illinois currency exchange industry reached an agreement on the maximum allowable rates for check-cashing fees on...