Religious Leaders Condemn Predatory Pawn Loans Over the Holidays
Call for passage of legislation to stop pawnshops from charging 240% interest for loans Interviews…
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Making Loans at 240% APR and Higher, Pawn Brokers Preying on Illinois Military Families
Federal Military Lending Act caps the interest rates for loans to active-duty servicemembers and their dependents…
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Predatory Lenders’ Predictions of Gloom-and-Doom Fail to Materialize as Consumers Embrace Illinois’s Interest Rate Cap
For Immediate Release: September 27, 2022 Contact: Brent Adams | hello@woodstockinst.org Predatory Lenders’ Predictions of Gloom-and-Doom…
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297% Interest Rates and Payday Lending a Thing of The Past Thanks to The Predatory Loan Prevention Act, Signed Into Law One Year Ago Today
For Immediate Release: March 23, 2022 Contact:hello@woodstockinst.org | (312) 368-0310 x 2024 In just…
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Illinois consumers find affordable alternatives to predatory loans: survey
Study finds that capping payday loan interest rates worked, allowing more wealth to stay in communities…
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Predatory Loans for Puppies in Illinois Must be Stopped
TAB Bank is helping EasyPay Finance evade Illinois laws that prohibit 189% APR loans …
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Advocates Call for FDIC, under New Leadership, to Stop Banks from Fronting for Predatory Lenders
Letter Identifies Six Out-of-State “Rogue Banks” that Enable Predatory Lenders to charge 100%+ Interest in States…
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Who’s Been Naughty & Nice in 2021
Santa isn’t the only one keeping a list and checking it twice this year–to recognize both…
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Woodstock Challenges Other Lenders to Follow Oportun
Oportun Extends Credits and Refunds to Over 3,600 Illinois Borrowers, Woodstock Institute Challenges Other Lenders to…
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SLEHCRA, Woodstock Institute And NCRC Oppose First Mid And Jefferson Banks’ Merger Application
FOR IMMEDIATE RELEASE: October 19, 2021 On Monday, St. Louis Equal Housing and Community Reinvestment Alliance (SLEHCRA), Woodstock…
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Consumer Protection Bureau Unveils Long-Delayed Proposal to Require All Lenders to Small Businesses to Report Race and Gender Data
Lending Patterns by Nonbank Lenders Have Been Long Shrouded in Mystery FOR IMMEDIATE RELEASE: September…
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Rule Threatened to Re-Open the Doors to 200% APR Loans in Illinois FOR IMMEDIATE RELEASE:…
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President Preckwinkle taps Woodstock for Cook County Equity Fund Task Force
Brent Adams is representing Woodstock as one of 50 leaders of organizations advising Cook County Board…
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Regulation Threatens to Undermine Illinois’s New 36% Rate Cap FOR IMMEDIATE RELEASE: May 12,…
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New Illinois 36% Rate Cap Takes Hold, Ending High-Cost Payday Loans
Advocates Publish Resource Guide to Help Borrowers For Immediate Release Contacts:Jane Doyle, Woodstock Institute…
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New State Community Reinvestment Law Takes Aim at Lending Disparities
Governor Pritzker signed the Illinois Community Reinvestment Act into law, making Illinois the second state with…
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Predatory Loan Prevention Act Signed into Law
Advocates, business, community, and faith leaders celebrate 36% interest rate cap on loans; applaud Illinois Black…
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Predatory Loan Prevention Act means more jobs for Illinois
The Predatory Loan Prevention Act (SB 1792 – PLPA), currently awaiting Governor Pritzker’s signature, which establishes…
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