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Archive 2018-04-10T21:15:48+00:00

APR Rules on Short-Term Loans are Misleading (Boston Herald)

June 3rd, 2021|0 Comments

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

June 1st, 2021|0 Comments

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.”

May 28th, 2021|Comments Off on 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 [...]

Illinois Predatory Loan Protection Act: “I’ve got a lot of hospital bills”

May 24th, 2021|Comments Off on Illinois Predatory Loan Protection Act: “I’ve got a lot of hospital bills”

The Illinois "Predatory Loan Protection Act" has closed has closed down safe and affordable credit options alongside riskier ones. This latest video features Mr. S, of Sterling,  speaking out about Illinois’ new lending law.   [...]

Illinois Predatory Loan Protection Act: “…is going to hurt a lot of people”

May 21st, 2021|Comments Off on Illinois Predatory Loan Protection Act: “…is going to hurt a lot of people”

The Illinois "Predatory Loan Protection Act" has closed has closed down safe and affordable credit options alongside riskier ones. Our fifth video in a series, giving former users of traditional installment loans a voice [...]

Illinois Predatory Loan Protection Act: “…will affect anyone who is trying to… get on their feet”

May 19th, 2021|Comments Off on Illinois Predatory Loan Protection Act: “…will affect anyone who is trying to… get on their feet”

Our fourth video in a series, giving former users of traditional installment loans a voice, in speaking out about Illinois’ new lending law. SB 1792, the so-called “Predatory Loan Protection” Act, has closed down [...]