Advocates Sound Alarm Over Chicago-Based 100% APR Lender Seeking Bank Charter
For Immediate Release: July 30, 2026 Contact: Robert Mayo hello@woodstockinst.org Federal approval would undermine Illinois’s ability…
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Comment Letters Opposing OppFi’s Application for a Bank Charter
Woodstock Institute wrote two letters to federal regulators opposing Opportunity Financial’s (“OppFi”) application to acquire BNCCORP…
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Opinion: The Trump administration is undoing the civil rights movement. Illinois can step up.
Woodstock Institute Senior Regulatory Policy Associate Jane Doyle discusses the importance of SB 3777, the Civil…
MoreProposed BNPL Legislation Weakens Consumer Protections in Illinois
For Immediate Release: May 22, 2026 Contact: Robert Mayo | hello@woodstockinst.org Proposed BNPL Legislation Weakens Consumer…
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EWA no payday loan
Written by Brent Adams, Senior Vice President of Policy & Advocacy at Woodstock Institute. Letter to…
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The Woodstock Report on WVON: Spring 2026
The Woodstock Report on WVON returned for Spring 2026! Get the latest updates on economic advocacy…
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Report: The PLPA Is Still Working; But the Predatory Lenders Strike Back!
In 2011, Illinois had 518 licensed payday loan stores. Today, there are zero. And contrary to…
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Coalition for Small Business Lending Transparency Calls for “APR for All” Legislation to Extend Loan Transparency to Small Businesses
For Immediate Release: January 21, 2026 Contact: Jaclyn Driscoll | jaclyn@sgstrategies.com | (217) 371-7373 Robert Mayo…
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President’s 10% Rate Cap on Credit Cards Would Cause Chaos, But There’s a Better Way to Make America Affordable
For Immediate Release: January 16, 2025 Contact: Isabelle Dienstag | isabelle@sgstrategies.com | (224) 619-9001 Robert Mayo…
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The Small Business Financing Transparency Act
Woodstock Institute is championing HB744 HA # 1 as part of our efforts to protect and promote…
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Op-ed: Helping employees opt out of the predatory lending industry is good business [Crain’s Chicago Business]
Small Dollar Solutions is an effort from Woodstock Institute and the Corporate Coalition of Chicago to connect struggling…
MoreThe Woodstock Report on WVON 1690AM: Fall 2025
The Woodstock Report on WVON returns for Fall 2025! Tune in on Wednesdays at 10:30AM through November 5th…
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3rd Annual Legislator Breakfast Briefing
Thank you to everyone who came out to our 3rd Annual Legislator Breakfast Briefing! In collaboration…
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Predatory Inclusion: Debunking the Crypto Hype webinar
In September, Professor Hilary Allen, author of FinTech Dystopia, joined Woodstock Institute’s Brent Adams for a…
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The Internet Becomes More Like the Wild West for Illinois Consumers
Court allows 483% APR Loan to stand despite 36% Illinois Rate Cap For Immediate Release: September…
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Comment letter protesting OneMain Financial’s bank charter application
Woodstock Institute wrote to federal regulators in protest of OneMain Financial’s application for an industrial loan…
MoreAmicus brief: Morgan v. Silver Financial
In February, we shared news of the Illinois First District Appellate Court’s decision that a 482%…
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Illinois Appellate Court Upholds Another Evasion of State Interest Rate Cap
The decision favors a Utah lender that made a 482% loan to an Illinois resident despite…
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