The first of a series of videos of former users of traditional installment loans speaking out about Illinois’ new lending law. SB 1792, the so-called “Predatory Loan Prevention” Act, has closed down safe and affordable credit options alongside riskier ones, for the whole of Illinois. This is what Mr. L from Peoria has to say about it:
This video and others like it can be viewed on our Testimonials page and alongside hundreds like it, at https://vimeo.com/borrowervoices.
SOURCE: NILA