Payday loan neon sign. Predatory Lending.

Congress Rejects Trump-Era Banking Rule

Rule Threatened to Re-Open the Doors to 200% APR Loans in Illinois FOR IMMEDIATE RELEASE: June 24, 2021 CONTACTS: Brent Adams, badams@woodstockinst.org, 773-844-5544 Jane Doyle, jdoyle@woodstockinst.org, 708-527-7568 CHICAGO: Consumer advocates are applauding Congress’s 218-208 vote today to repeal the...

Victory on Prepaid Cards

Woodstock supported and commented on the rule throughout CFPB’s drafting process and sent a letter to all Illinois Senators and Congresspeople supporting the rule during its Congressional Review Act challenge in April. Twelve million American households use prepaid cards....

Accion Resize.jpg

More Than a Loan

Our process to apply for a loan is simple. Each client begins with a personal conversation with an Accion loan officer about household and business cash flow, credit, collateral, and business goals. This provides the loan officer with a...