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Payday Loans

Need Money Fast? Look at Alternatives to Payday Loans

Need Money Fast? Look at Alternatives to Payday Loans

Spanish version Everybody finds themselves short of cash now and then, and it can be difficult to think of ways to raise enough money to get through a rough patch. This is when many people turn to payday loans, the modern-day equivalent of borrowing from your local mobster. Both are

Governor Signs Illinois Payday Loan Bill

Governor Signs Illinois Payday Loan Bill

Illinois Governor J.B. Pritzker has signed a measure that’s expected to end the payday loan industry in Illinois. The Predatory Loan Prevention Act will cap interest rates at 36% on consumer loans, including payday and car title loans. The state legislature passed the bill in January. It has

States Step Up Payday Loan Regulations

States Step Up Payday Loan Regulations

Feb. 26, 2021 Lacking a strong federal effort, states are stepping up to crack down on predatory payday lending, the easy-to-get but hard-to-repay loans that often trap consumers in a spiral of debt while charging them interest rates of 400% and more. Illinois is on the brink of becoming the

States Trying to Rein In Payday Loans

States Trying to Rein In Payday Loans

Illinois is the latest state to attempt to put a cap on consumer loans, responding to federal agencies easing regulations on predatory, high-cost lending including payday and car title loans. The measure had enjoyed strong backing from the Illinois Black Caucus and consumer groups. “The efforts of legislators to pass

Summer Camps Often Fail to Require Vaccinations, Study Shows

Summer Camps Often Fail to Require Vaccinations, Study Shows

Nearly half of summer camps surveyed by researchers didn’t have official policies requiring campers be vaccinated, according to a new study in JAMA Pediatrics. The lax policies raise the potential of camps becoming super-spreaders. “While all states require immunizations for children attending public schools, most don’t have the