FOR IMMEDIATE RELEASE: March 30, 2020 CONTACT: Jenna Severson, 616-914-2844, jseverson@woodstockinst.org Abe Scarr, Illinois PIRG, 312-983-2789, abe@illinoispirg.org Advocates Praise Governor Pritzker for Protecting Consumer Financial Security, Call for Further Action CHICAGO: Consumer advocates praised Governor Pritzker and the...
Borrowers Beware! Payday and Other Storefront Loans: Convenient but Costly By Brent Adams Updated 3-31-20, 10am Woodstock continues to advocate for policies that would protect consumers from predatory loans that cost 300% APR or more. The average APR on...
Engage Bank Advisory Councils By Brent Adams Bank advisory councils are an ideal forum to have a thoughtful discussion on the OCC/FDIC Community Reinvestment Act Proposal. Advisory councils are meant, in part, to establish a bridge of communication between...
To better assess whether financial institutions meet the lending needs of communities, the Consumer Financial Protection Bureau (CFPB) changed rules governing data collected under the Home Mortgage Disclosure Act (HMDA) in 2015. For the first time in September 2019,...
Illinois Stops Suspending Driving Licenses for Unpaid Parking Tickets Governor Pritzker Signs Community-Led Bill, 55,000 to See Relief FOR IMMEDIATE RELEASE: January 17, 2020 PRESS CONTACTS: Jenna Severson (o) 312-368-0310 (jseverson@woodstockinst.org) CHICAGO, IL – Today Governor Pritzker signed the License to...
FOR IMMEDIATE RELEASE: NOVEMBER 12, 2019 Woodstock Institute Contact : Jenna Severson (jseverson@woodstockinst.org) National Consumer Law Center Contact: Stephen Rouzer (srouzer@nclc.org) Download the full report, state maps and state-specific information: https://www.nclc.org/issues/report-still-no-fresh-start.html Illinois Puts Families at Risk to Feed an...
FOR IMMEDIATE RELEASE October 29, 2019 VICTORY! ILLINOIS LEGISLATURE VOTES TO END INEQUITABLE LICENSE SUSPENSIONS BY PASSING THE “LICENSE TO WORK ACT” SPRINGFIELD– After three years of advocacy, SB 1786, the License to Work Act, has passed out of...
EARNcon 2019 in Pittsburgh, Pennsylvania Though the City of Pittsburgh is often lauded as “the most livable city in America,” in September of 2019, Pittsburgh’s Gender Equity Commission released a report with an alarming finding: the city is the...
Once Again, Trump Administration Puts Profit before People, Ignores Needs of Most Vulnerable CFPB’s Stalled Payday Loan Protections and HUD’s Decision to Change Fair Housing Safeguards Threaten Consumers and Communities of Color FOR IMMEDIATE RELEASE: August 19, 2019 PRESS...
The Chicago Housing Policy Task Force, convened by Neighborhood Housing Services of Chicago, announced in July the selection of the Adaptable House by Perkins & Will architect Greg Tamborino, AIA, as the winner of the Disruptive Design competition from...