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Illinois Gov. signs payday loan bill June 2010. August 20, 2012 Governor Quinn Signs Payday Loan Law New law protects consumers from unlicensed lenders
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Illinois law does not allow a loan company to renew or rollover your loan. 500 fast cash settlement offer You can have two payday loans, but the payday loan cannot give you a third loan.
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815 ILCS 122/ Payday Loan Reform Act.
(815 ILCS 122/1-15) Sec. 1-15. Applicability. (a) Except as otherwise provided in this Section, this Act applies to any lender that offers or makes a payday loan to Payday loans huntsville texas
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Loan Term: 13-45 days: Loan Amount: The lesser of $1,000 or 25% of borrower's gross monthly income, whichever is less. Fees and Finance Charges: $15.50 per $100
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Information for lawyers on legal claims that can be asserted against payday lenders and title loan companies
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