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

Illinois Passes Bill Prohibiting Lenders From Charging Much More Than 36% APR on Customer Loans On January 13, the Illinois legislature unanimously passed the Predatory Loan Prevention Act (SB 1792) (PLPA), which may prohibit loan providers from charging much more than 36% APR on consumer loans. Especially, the PLPA would connect with any non-commercial loan

By |2021-09-12T03:42:50+00:00September 12th, 2021|fast payday loan|0 Comments
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