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...

PLPA Coalition Fact Sheet

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,...