Both legislators say payday advances could possibly be given at annualized passions rates at significantly more than 400 %.
FREEPORT, Ill. (WIFR) – Rep. Will Guzzardi (D-Chicago) and Rep. Andrew Chesney (R-Freeport) penned a viewpoint editorial type together over their shared curiosity about defenses against exploitative loans on Monday.
You are able to browse the viewpoint editorial in its entirety below.
вЂњWe are a couple of legislators whom donвЂ™t agree with a lot.
Certainly one of us is just a Chicago Democrat whom co-chairs the Illinois home Progressive Caucus. One other is really a Northwest Illinois Republican that is a firebrand for Conservative factors. […]