Illinois General Assembly Passes Children’s Savings Account Legislation If Signed By Governor, Bipartisan Effort Will Make College Completion Four Times Likelier for Kids in Illinois FOR IMMEDIATE RELEASE: May 30, 2019 PRESS CONTACTS: Jenna Severson (o) 312-368-0310 SPRINGFIELD, IL –...
Woodstock Institute offers this comment in response to the Consumer Financial Protection Bureau’s (CFPB's) Notice of Proposed Rulemaking (NPRM) on payday, vehicle title, and certain high cost installment loans (the “Proposed Rule”). Thank you for the opportunity to comment...
Illinois, quit suspending driver’s licenses for unpaid parking tickets (Chicago Sun-Times) OPINION By Ben Ruddell and Brian Costin During a routine 2008 traffic stop in Chicago, LaSheria’s life was permanently changed. After being stopped, she learned that her driver’s...
Report: Older Chicagoans at Risk as Banks Innovate Seniors in Chicago’s South Side at Highest Risk FOR IMMEDIATE RELEASE: April 17, 2019 PRESS CONTACTS: Jenna Severson CHICAGO, IL – A reportreleased today by Woodstock Institute entitled “Digitally Divided: Older Adult...
Digitally Divided: Older Adult Banking Vulnerabilities in the Chicago Region April 17, 2019 Lauren Nolan This report reveals neighborhoods at highest risk of being left out of mainstream financial services, and offers solutions for financial institutions and policymakers. This...
Low-Income Tax Filers Targeted With False Promise of Big Refunds By Joe Light in Bloomberg Markets March 6, 2019, 3:00 AM CST Illinois attorney general sues over deceptive practices Earned income tax credit gives enticing target for preparers Michael Anderson and...
Director Kathy Kraninger ATTN: Comment Intake Bureau of Consumer Financial Protection, 1700 G Street NW Washington, DC 20552 Re: Proposal to Rescind Payday Rule’s Ability-to-Repay Requirements Docket No. CFPB-2019-0006, RIN 3170-AA80 ...
Access to Credit or Access to Debt? Under New Leadership Consumer Financial Protection Bureau Caves to Loan Sharks, Reopens Historic Payday Protections FOR IMMEDIATE RELEASE: February 6, 2018 PRESS CONTACTS: Brent Adams (badams@woodstockinst.org) or Jenna Severson (jseverson@woodstockinst.org) CHICAGO,...
Comment Letter on California Small Business Loan Disclosure Law, SB 1235 January 22, 2019
By Fran Spielman Chicago Sun-Times Mayoral candidate Toni Preckwinkle vowed Tuesday to bring equity to an overly punitive ticketing policy that has unfairly targeted minority motorists and forced thousands of them into bankruptcy. In vowing to go easier on motorists,...