SPRINGFIELD, Ill. – Jazmine was laid off during the pandemic and needed money to pay her rent. So she got a loan from a pawn shop using her cameras and Macbook Air as collateral. “Not only did they give...
Reprinted from Nov. 16 Chicago Sun-Times letters to the Editor Friday was Veterans Day, when we honor and recognize veterans for their sacrifice of blood sweat and tears in service to our country. In Illinois, though, one way veterans...
Horacio Mendez’s opinion piece highlights an opportunity for federal bank regulators to raise the bar in grading banks reinvestment performance. I’m the first leader of the nearly 50-year-old economic equity and anti-redlining advocacy organization Woodstock Institute to come to...
Download our latest Close the Pawn Broker Loophole Fact Sheet and read the release for a November 30 news conference. The release highlights progress in Springfield toward capping pawn broker rates and fees at 36% under the Predatory Loan...
WTTW roundtable on Monday, Oct. 31 framed the student loan debate as part of the racial wealth gap in a conversation that included CEO Horacio Mendez. About 48 million Americans have student loan debt — totaling more than $1.75...
Now is a good time to discuss what’s next for the Community Reinvestment Act as federal bank regulators review comments on proposed CRA regulatory reform. Join us for a virtual ‘lunch and learn’ on the topic with two experts...