The Predatory Loan Prevention Act coalition created a fact sheet in support of Illinois’s new 36% interest rate cap on consumer loans. More than 140 supporters have signed on to the fact sheet, including lenders, government and elected officials, clergy, and national and Illinois advocacy groups.
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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