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rate cap

Lenders and consumer advocates join with elected officials and faith groups to rally behind Black Caucus’ Predatory Loan Prevention bill, urging Governor to sign

SB 1792 would cap the interest rate on loans at 36% APR Looking for alternatives to high-interest-rate payday or car-title loans? We have a guide for that! Read our Resource Guide on Affordable Alternatives A coalition of more than...

January 25, 2021 at 12:59 pm read more

Legislation ranges from payday loans to lead water pipes

Capitol News Illinois, Jan 10 By PETER HANCOCK SPRINGFIELD – As the General Assembly’s lame duck session moved into its third day, lawmakers in both chambers turned their attention to a sweeping bill aimed at narrowing economic disparities faced...

January 12, 2021 at 10:54 am read more

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