One 12 months in the past, Illinois’s Predatory Loan Prevention Act took impact, making a cap of 36% curiosity on shopper loans. I used to be one of many legislators who fought laborious to assist move this charge cap. Payday lenders had been charging upwards of 300% curiosity. Low-income individuals who wanted money to cowl […]

The post Illinois is now better off without payday lenders & More Loans News appeared first on CableFreeTV.

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