APR Rules on Short-Term Loans are Misleading (Boston Herald)
A recent opinion piece in the Boston Herald underscored what NILA has consistently pointed out to policymakers, journalists and others – that the requirement to disclose Annual Percentage Rates (APR) for short term loans [...]
Illinois Lending law: Installment Loan Helped Me Get Away From Payday Loan
The Illinois “Predatory Loan Protection Act” has closed has closed down safe and affordable credit options alongside riskier ones. In the latest in a series of videos, Ms. J, from Effingham, tells how an [...]
Illinois Lending Law: “Gonna really hurt a lot of people.”
The Illinois "Predatory Loan Protection Act" has closed has closed down safe and affordable credit options alongside riskier ones. In our latest in a series of videos, showcasing the opinions of former users of traditional [...]
APR Rules on Short-Term Loans are Misleading (Boston Herald) #installmentloanswork #restorecreditinIL
https://nilaonline.org/2021/06/03/apr-rules-on-short-term-loans-are-misleading-boston-herald/
Illinois Lending law: Installment Loan Helped Me Get Away From Payday Loan #restorecreditinIL
https://nilaonline.org/2021/06/01/illinois-lending-law-installment-loan-helped-me-get-away-from-payday-loan/
2/2 "We must not let the federal government’s outdated financial measures hinder the resilience of American entrepreneurs and consumers in these challenging times". #Illinois #restorecreditinIL #installmentloanswork
https://www.bostonherald.com/2021/04/11/berlau-apr-rules-on-short-term-loans-mislead-consumers/
1/2 "Congress must modernize the APR disclosure mandate from the 1968 federal Truth in Lending Act to account for the true cost of credit for short-term loans and advances." #restorecreditinIL
https://www.bostonherald.com/2021/04/11/berlau-apr-rules-on-short-term-loans-mislead-consumers/
Illinois citizens speak out about new lending law cc. @ILSenDems @ILSenateGOP @HouseDemsIL @ilhousegop #restorecreditinIL #installmentloanswork #consumerfinance #smalldollarloans #NOTpayday
https://nilaonline.org/2021/05/11/illinois-citizens-speak-out-against-new-lending-law-videos/