Illinois Passes Bill Prohibiting Lenders From Charging Significantly More Than 36% APR on Customer Loans

Illinois Passes Bill Prohibiting Lenders From Charging Significantly More Than 36% APR on Customer Loans On January 13, the Illinois legislature unanimously passed the Predatory Loan Prevention Act (SB 1792) (“PLPA”), which will prohibit loan providers from charging significantly more than 36% APR on customer loans. Especially, the PLPA would connect with any loan that […]

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Remain true Missouri Coalition Launches to Rally Against State Pay Day Loan Ballot Initiative

Remain true Missouri Coalition Launches to Rally Against State Pay Day Loan Ballot Initiative Coalition is designed to Protect usage of Safe and low-cost Lending Options in Missouri Today, remain true Missouri, a coalition that is non-partisan represents customers, companies, civic teams, and faith-based companies from over the state established its effort to safeguard use […]